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11-50-262
Section 11-50-262 Borrowing of money and issuance of revenue bonds therefor; execution
of mortgages, pledges, etc., as security for indebtedness; provisions in same as to rights
of parties thereto, etc.; sale of gas to municipalities authorized. (a) Any waterworks board
shall also have the power to borrow money and to issue revenue bonds as evidence of any money
so borrowed, which bonds shall be payable solely from the revenues derived from the operation
of such gas plant and system. As security for any money so borrowed, together with interest
thereon and any obligations incurred or assumed, the board shall have the power to mortgage,
pledge, or otherwise transfer and convey its real, personal, and mixed property or any part
or parts thereof, whether then owned or thereafter acquired, including its franchises owned
and thereafter acquired and all or any part of the revenues derived from such plant or system
or any part thereof. The instrument whereunder such mortgage or pledge shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-262.htm - 1K - Match Info - Similar pages
45-37A-54.67
Section 45-37A-54.67 Borrowing; revenue bonds. The authority shall have the power to
borrow money and to issue revenue bonds as evidence of any money so borrowed, which bonds
shall be payable solely from the revenues derived from the fairs, exhibitions, amusements,
and other activities and enterprises in which the authority is hereby authorized to engage.
As security for any money so borrowed, together with interest thereon and any obligations
incurred or assumed, the authority may mortgage, pledge, or otherwise transfer and convey
its real, personal, and mixed property, or any part or parts thereof, whether then owned or
thereafter acquired, including any franchises then owned or thereafter acquired, and all or
any part of the revenues derived from the fairs, exhibitions, amusements, and other activities
and enterprises in which the authority is hereby authorized to engage. The instrument whereunder
such mortgage or pledge shall be made may contain such agreements as the authority...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-54.67.htm - 3K - Match Info - Similar pages
45-37-90.06
Section 45-37-90.06 Civic Center Authority - Revenue bonds. (a) Subject to the conditions,
qualifications, and restrictions set forth in subsection (e), the authority shall have the
power to borrow money and to issue revenue bonds as evidence of money so borrowed, which bonds
shall be payable solely from taxes made payable to the authority by any act of the Legislature
heretofore or hereafter adopted and from the revenues of the authority derived from the activities,
operations, and enterprises in which the authority is hereby authorized to engage. As security
for any money so borrowed, together with interest thereon, and any obligations incurred or
assumed, the authority, in its discretion, may mortgage, pledge, or otherwise transfer and
convey its real, personal, and mixed property, or any part or parts thereof, whether then
owned or thereafter acquired, including any franchises then owned or thereafter acquired,
and all or any part of the taxes payable to the authority under any act...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-90.06.htm - 9K - Match Info - Similar pages
45-39A-11.05
Section 45-39A-11.05 Civic Center Authority - Revenue bonds. (a) Subject to the conditions,
qualifications, and restrictions set forth in subsection (e), the authority shall have the
power to borrow money and to issue revenue bonds as evidence of money so borrowed, which bonds
shall be payable solely from taxes made payable to the authority by an act of the Legislature
heretofore or hereafter adopted and from the revenues of the authority derived from the activities,
operations, and enterprises in which the authority is hereby authorized to engage. As security
for any money so borrowed, together with interest thereon, and any obligations incurred or
assumed, the authority, in its discretion, may mortgage, pledge, or otherwise transfer and
convey its real, personal, and mixed property, or any part or parts thereof, whether then
owned or thereafter acquired, including any franchises then owned or thereafter acquired,
and all or any part of the taxes payable to the authority under any act...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.05.htm - 9K - Match Info - Similar pages
45-49A-10.05
Section 45-49A-10.05 Power to borrow money and issue revenue bonds. (a) The corporation
shall have the power to borrow money and to issue revenue bonds as evidence of any money borrowed,
which bonds shall be payable solely from the revenues derived from the activities and enterprises
in which the corporation is hereby authorized to engage. As security for any money so borrowed,
together with interest thereon, and any obligations incurred or assumed, the corporation in
its discretion may mortgage, pledge, or otherwise transfer and convey its real, personal,
and mixed property, or any part or parts thereof, whether then owned or thereafter acquired,
including any franchises then owned or thereafter acquired, and all or any part of the revenues
derived from the activities or enterprises in which the corporation is hereby authorized to
engage. (b) When the corporation deems it advisable, convenient, necessary, or expedient to
issue such bonds, it shall so resolve and all the provisions of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-10.05.htm - 4K - Match Info - Similar pages
41-9-682
Section 41-9-682 Function and powers generally. (a) It shall be the function and main
purpose of the board to honor those, living or dead, who, by achievement or service, have
made outstanding and lasting contributions to music in Alabama or elsewhere. The board may
adopt such rules, regulations and bylaws as may be needed to carry out its functions. Also,
it may conduct surveys and polls and may appoint such committees and representatives as it
may determine necessary or desirable. The board may acquire, construct, install, equip, lease,
manage and operate buildings and other facilities consisting of any one or more of the following
to be located in Colbert County, Alabama: (i) a music hall of fame and exhibition facility
for the display of busts, statues, plaques, books, papers, computerized figures, memorabilia,
records, films, audio tapes, video tapes, compact disks, recordings, pictures and other exhibits
relating to music and musicians, (ii) a library, research and educational...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-682.htm - 13K - Match Info - Similar pages
11-92B-10
Section 11-92B-10 Powers and duties of authority. An authority shall have the following
powers and duties together with all powers and duties incidental thereto or necessary to the
discharge thereof: (1) To sue or be sued and to prosecute and defend in any court of competent
jurisdiction. (2) To adopt and to use a corporate seal and to alter the seal at pleasure.
(3) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(4) With respect to property within the operational area of the authority, to acquire, receive,
and take title to by purchase, gift, lease, devise, or otherwise, to hold, keep, improve,
maintain, and impose restrictive covenants and land use controls, to engage in environmental
remediation and restoration efforts as required under applicable agreements with the United
States Department of Defense, to equip, furnish, develop, and to transfer, convey, donate,
sell, lease, grant options to, assign, encumber with easements and mortgages and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92B-10.htm - 7K - Match Info - Similar pages
45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other
powers now or hereafter granted by law, the authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by
the Jackson County Commission which are required by law to be deposited to the credit of the
Jackson County Water Authority. c. The revenues derived from any water, sewer, or garbage
system or facility of the authority. (2) To pledge for payment of any bonds issued...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-36-252.06.htm - 13K - Match Info - Similar pages
11-89A-8
Section 11-89A-8 Powers of authority; location of facilities of authority. (a) Every
authority shall have all of the powers necessary and convenient to carry out and effectuate
the purposes and provisions of this chapter, including (without limiting the generality of
the foregoing) the following powers: (1) To have succession in its corporate name for the
duration of time (which may be in perpetuity, subject to the provisions of Section
11-89A-21 specified in its certificate of incorporation); (2) To sue and be sued in its own
name in civil suits and actions and to defend suit against it; (3) To adopt and make use of
a corporate seal and to alter the same at pleasure; (4) To adopt, alter, and repeal bylaws,
regulations, and rules, not inconsistent with the provisions of this chapter, for the regulation
and conduct of its affairs and business; (5) To acquire, whether by gift, purchase, transfer,
foreclosure, lease, or otherwise, to construct and to expand, improve, operate, maintain,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-8.htm - 10K - Match Info - Similar pages
45-28-91.01
Section 45-28-91.01 Creation; composition; powers and duties. (a) There is hereby created
the new Etowah County Tourism Board. The new board shall consist of one member appointed by
each member of the Etowah County House Legislative Delegation, one member appointed by the
senator representing Etowah County, one member appointed by the county commission, one member
appointed by the Mayor of Gadsden, one member appointed by the Etowah County Mayor's Association,
one member appointed by the Etowah/Gadsden Chamber of Commerce, and one member appointed by
the local hotel industry. Members shall serve two year terms until November 30, 2011, when
the next term shall be four years. No person shall be appointed to the board unless he or
she is a qualified elector of Etowah County. (b) The Etowah County Tourism Board created by
this part shall promote the tourism industry in the county, including, but not limited to,
working with potential visitors; coordinating with media representatives;...
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