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11-54B-18
Section 11-54B-18 Annual reports and audits. (a) Within ninety (90) days after the close of
each fiscal year, the district management corporation shall make an annual report of its activities
for the preceding fiscal year to the governing body of the municipality. (b) Within ninety
(90) days after the close of each fiscal year, the district management corporation shall cause
an annual audit of its books, accounts, and financial transactions to be made and filed with
the governing body of the municipality and for that purpose the corporation shall employ a
certified public accountant. The annual audit shall be completed and filed with the governing
body within four months after the close of the fiscal year of the corporation and a certified
duplicate copy of the audit shall be filed with the mayor and the finance director or other
financial control officer of the municipality. (Acts 1994, No. 94-677, §18.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54B-18.htm - 1K - Match Info - Similar pages
11-54B-57
Section 11-54B-57 Annual reports and audits. (a) Within 90 days after the close of each fiscal
year, the district management corporation shall make an annual report of its activities for
the preceding fiscal year to the governing body of the municipality. (1) Each annual report
shall include, at a minimum: a. A financial statement for the preceding year, including a
balance sheet, statement of income and loss, and such other information as is reasonably necessary
to reflect the district management corporation's actual performance, certified by the treasurer
of the corporation. b. The budget for the current fiscal year. c. In the case of a district
funded by assessments against businesses of a particular class, a list of the businesses of
the designated class that are currently operating within the district. (2) A copy of each
annual report shall be sent to the mayor, the city council, and to all property owners, or
in the case of districts funded by assessments against businesses of a...
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40-17-326
Section 40-17-326 Taxable activities; terminal operators deemed suppliers; tax to be added
to selling price of motor fuel. (a) A tax is imposed on the removal within this state of motor
fuel from the terminal using the terminal rack, other than by bulk transfer. The supplier
shall collect the tax imposed by this article from the person who orders the withdrawal at
the terminal rack. (b) Subject to Section 40-17-340, a tax is imposed at the time motor fuel
is imported into this state, other than by a bulk transfer, for delivery to a destination
in this state. The supplier or permissive supplier shall collect the tax imposed by this article
from the person who imports the motor fuel into this state. If the seller is not a supplier
or permissive supplier, then the person who imports the motor fuel into this state shall pay
the tax. (c) A tax is imposed on the sale or transfer of motor fuel in the bulk transfer/terminal
system in this state by a supplier to a person who is not registered...
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45-37A-54.64
Section 45-37A-54.64 Lease, sale, or conveyance of property. The city is authorized, but not
required, to lease or sell or convey to the authority real or personal property, including
park property, without the necessity of authorization by election of qualified voters of the
city, and the governing body of the city is hereby authorized to enter into any agreements
which such authority may deem necessary in order to effectuate such lease, sale, or transfer.
(Acts 1947, No. 215, p. 81, §5.)...
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45-41-141.05
Section 45-41-141.05 Incorporation of new municipality. (a) In the event that any territory
then within the boundaries of one or more districts is (as the result of the incorporation
of a municipality subsequent to the establishment of such district or districts or subsequent
to the then most recent alteration, if any, of the boundaries of any such district or districts,
as the case may be) included within the corporate limits of such municipality, then, from
and after the date that is 90 days after the date of the first election of the members of
the governing body of such municipality, but in all events subject to Section 45-41-141.07,
(1) Such territory shall be excluded from such district or districts, and (2) Any financial
charge theretofore authorized hereunder to be levied and collected within such territory shall
not be authorized to be so levied and collected, (b) And the commission, as promptly as practicable
thereafter shall take such action as shall be necessary to alter...
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11-50-311
Section 11-50-311 Application for authority to incorporate; adoption of resolution by municipal
governing body authorizing incorporation. Whenever any number of natural persons, not less
than three, shall file with the governing body of any municipality of this state an application
in writing for authority to incorporate a public corporation for the purpose of operating
a water system, a sewer system, a gas system, and an electric system or any one or more of
such systems, and if it shall be made to appear to such governing body that each of said persons
is a duly qualified elector of and owner of property in said municipality and if the governing
body of said municipality shall adopt a resolution, which shall be duly entered upon the minutes
of such governing body, wherein it shall be declared that it is wise, expedient, and necessary
that such a corporation be formed and that the persons filing said application shall be authorized
to proceed to form such corporation, then said...
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11-50-320
Section 11-50-320 Acquisition, operation, etc., of systems located in another municipality;
execution of contract for conveyance of system in other municipality thereto upon payment
in full of indebtedness of corporation as to such systems. (a) Each corporation organized
under this article or the articles of incorporation of which are amended under this article,
in addition to all other powers conferred on it by this article and by law, is hereby further
authorized and empowered to acquire, by purchase from the owner or owners thereof, or to construct,
or to acquire and construct all or any part of a system or systems, and any rights incidental
thereto, located within the limits of any incorporated municipality in this state other than
the municipality within which such corporation was organized to operate, and thereafter to
manage, operate, extend, enlarge, lease, mortgage, convey, and otherwise control the same
as a part of its system or systems in the municipality within which such...
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11-50-411
Section 11-50-411 Disposition of net profits of district; "net income" defined; distribution
of less than net income for fiscal year; availability for payment in future fiscal years.
All the net income of the gas transmission system or systems, for each fiscal year, of a gas
district incorporated under this article shall, unless otherwise provided in the certificate
of incorporation of such district, be divided, within a reasonable time after the close of
each fiscal year, among its member municipalities in proportion to the amount of gas sold
to or within each such municipality. All the net income of each gas distribution system, for
each fiscal year, of any such district shall, unless otherwise provided in its certificate
of incorporation, be distributed and paid, within a reasonable time after the close of each
fiscal year, to the municipality or municipalities within which such distribution system is
located. The term "net income" as used in the preceding two paragraphs of this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-411.htm - 5K - Match Info - Similar pages
11-65-5
Section 11-65-5 Composition of commission; terms; qualifications; removal from office. (a)
Every commission shall have five members, which shall constitute its governing body. All powers
of a commission shall be exercised by its members or pursuant to their authorization. The
mayor or other chief executive officer of the sponsoring municipality and the president or
other designated presiding officer of the county commission of the host county shall each
serve as a member ex officio, unless such official exercises his or her right, as provided
in subsection (b), to appoint a fixed-term member to serve in lieu of such official. The service
of each such official as a member shall begin with the beginning of his or her tenure in such
office and shall end with the ending of such tenure or the appointment by such official of
a fixed-term member to serve in lieu of his or her ex officio service. The other three members
shall be appointed in the manner hereinafter prescribed as soon as may be...
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37-4-140
Section 37-4-140 Purchase of electricity. (a) For purposes of this section only, the following
terms shall have the following meanings: (1) AVOIDED COSTS. Costs that a utility or a commission
non-jurisdictional electric supplier which purchases electrical energy from a distributed
generation facility would have been required to incur but for the distributed generation facility's
provision of electrical energy during the same period of time. To the extent such costs are
actually avoided, the term may include incremental fuel costs, incremental energy losses,
incremental emission allowance costs, and incremental fuel-related operation and maintenance
expenses. The term does not include, among other things, costs associated with capacity, the
transmission and distribution system, administrative and general costs, customer accounting
costs, and general plant in service costs. (2) COMMISSION. The Alabama Public Service Commission.
(3) COMMISSION NON-JURISDICTIONAL ELECTRIC SUPPLIER. a. A...
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