11-50-271
Section 11-50-271 Consolidation of gas and waterworks plants and systems. Any such waterworks
board may, if it so elects, combine any waterworks plant and system owned by it with any gas
plant and system owned by it and provide for the operation, maintenance, and repair thereof
as one combined and consolidated plant and system, the keeping of books and records for one
combined plant and system, and the borrowing of money for any purpose authorized by law and
the issuance of revenue bonds payable from the revenues of both the waterworks and the gas
plants and systems, or such waterworks board may keep and operate such waterworks plant and
system separate from its gas plant and system. (Acts 1947, No. 154, p. 48, §12.)...
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11-50-240
Section 11-50-240 Issuance of revenue bonds for improvement and extension of waterworks plants
and pledge of revenues from gas systems for payment thereof. Any waterworks board organized
under the provisions of this division which has acquired or may hereafter acquire a gas plant
or system pursuant to the provisions of Division 2 of this article may, in addition to the
powers granted it by said provisions, issue revenue bonds for the purpose of acquiring or
constructing improvements and extensions to its waterworks plant and system and may pledge
for payment of such revenue bonds not only revenues from such waterworks plant and system
but also any available revenues from its gas plant and system. In order so to issue revenue
bonds payable from the revenues of both its waterworks plant and system and its gas plant
and system, it shall not be necessary for such waterworks board to combine such systems or
to provide for their operation, maintenance, and repair as one combined and...
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11-50-261
Section 11-50-261 Additional powers of boards as to gas plants and systems. Without limiting
the powers provided for in Section 11-50-260, such waterworks board shall have the power to
acquire by purchase, construction, condemnation, or any combination thereof a plant and system
for the manufacture and distribution of gas and/or a system for the purchase and distribution
of manufactured or natural gas and shall also have the power to receive, acquire, take, and
hold, whether by purchase, sale, gift, lease, devise, or otherwise, all such real, personal,
and mixed property of any nature whatsoever as it may deem necessary or convenient for the
purchase, construction, operation, maintenance, enlargement, extension, and improvement of
a gas plant and system for the manufacture of gas and the distribution thereof or the purchase
and distribution of manufactured or natural gas, whether or not the same shall be in existence
and whether or not the same shall be publicly or privately owned, and...
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11-44E-52
Section 11-44E-52 Grant of franchise; lease, or right to use streets, etc.; transfer of waterworks,
sewer, electric, or gas plant and system to board or public corporation. No resolution, bylaw,
or ordinance granting to any person, firm, or corporation any franchise, lease, or right to
use the streets, public highways, thoroughfares, or public property of the city organized
under the provisions of this chapter, either in, under, upon, along, through, or over same
shall take effect and be in force until 30 days after the final enactment of same by the commission,
and publication of said resolution, or ordinance in full once a week for three consecutive
weeks in some newspaper published in the city, which publication shall be made at the expense
of the persons, firms, or corporations applying for the grant. Pending the passage of any
such resolution or ordinance, or during the time intervening between its final passage and
the expiration of the 30 days during which publication shall be...
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11-50-12
Section 11-50-12 Combination of electric light and power plants, etc., and waterworks plants,
etc.; use of electric light and power plants, etc., and disposition of revenues therefrom.
All cities and towns which own and operate an electric light plant or system or any power
plant of any kind may combine such electric light and power plants and system with the waterworks
or waterworks system owned and operated by the city or town, and the receipts and revenues
derived from the electric light plant and works or from such power plant may be applied in
payment of or pledged to secure the payment of any indebtedness incurred by the city or town
in the construction, maintenance, or extension of its waterworks system or any additions or
improvements thereto; and any electric or hydroelectric power or power plant of similar kind
owned and operated by any of the cities and towns within the provisions of this section may
use such lighting or power plants and systems for the operation of its...
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45-35A-54.20
Section 45-35A-54.20 Transfer of waterworks, sewer, or electric plants and systems - Authorized.
Any waterworks plant and system, a sewer plant and system, an electric plant and system, and
a gas plant and system, or any one or more of such plants and systems now or hereafter owned
by the City of Dothan shall be authorized to transfer and convey one or more of such plants
or systems, or any part of such plants or systems, or any rights incidental thereto to any
board or public corporation organized under Chapter 50, Title 11, or under any subsequent
act providing for the incorporation of like boards to own and operate any waterworks plant
or system, any sewer plant or system, any electric plant or system, or any gas plant or system,
whether such board was incorporated with the approval of the city owning such plant or system,
or with the approval of some other city in Alabama, the governing body owning any such plant
or systems, or both, shall provide for an election at which the...
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45-35A-54.21
Section 45-35A-54.21 Transfer of waterworks, sewer, or electric plants and systems - Election.
Except as herein provided for, and at the time of holding the same, all elections herein required
shall be held according to the general laws of Alabama. At any such election the proposition
to be submitted to the voters shall be: "Shall the governing body of the City of ______
be authorized to transfer and convey the city owned waterworks plant and system, sewer plant
and system, electric plant and system, gas plant and system, or any one or more thereof, or
any part or parts of such plants or systems, or any rights incidental thereto to any board
or public corporation organized under Chapter 50, Title 11, or to any board created or established
by any subsequent act providing for the incorporation of like boards to own and operate any
such plant or systems or both, the members of which board will not be elected by the qualified
voters of the City of ______. "NO____ YES____ ." (Act 79-537, p....
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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...
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11-50-264
Section 11-50-264 Issuance, sale, etc., of bonds and refunding bonds of board; terms, denominations,
taxation, etc., thereof; charge, application, etc., of revenues from system to payment of
indebtedness; vesting of title to system in municipality upon payment of all indebtedness.
(a) Any waterworks board which borrows money under the authority of this division may evidence
the loan by revenue bonds in such form and of such tenor and maturities as may be agreed upon
between the lender and the board. Any such bonds so issued may thereafter from time to time
be refunded by the issuance by sale or exchange of refunding bonds at such times and in such
form and of such tenor and maturities as may be agreed on by the board and the holders of
the bonds so refunded if such refunding is by exchange and as may be determined by the board
if such refunding is by sale of refunding bonds. Such waterworks board may restrict the source
of payment of such bonds and the security given therefor to...
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11-50-235
Section 11-50-235 Powers of corporation generally; provisions in mortgages, deeds of trust,
or pledge agreements executed by corporation as to rights of parties thereto, etc.; exemption
from taxation of property and income of corporation. (a) Each corporation formed under this
division shall have the following powers together with all powers incidental thereto or necessary
to the discharge thereof in corporate form: (1) To have succession by its corporate name for
the duration of time (which may be in perpetuity) specified in its certificate of incorporation
or until dissolved as provided in this division; (2) To sue and be sued and to defend civil
actions against it; (3) To make use of a corporate seal and to alter the same at pleasure;
(4) To acquire, purchase, construct, operate, maintain, enlarge, extend, and improve any system
or systems, the operation of which is provided for in the certificate of incorporation of
such corporation (whether or not such system or systems were in...
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