Code of Alabama

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35-6A-11
Section 35-6A-11 Report required for open market sale. (a) In an open market sale of heirs
property, a broker or seller shall file a report with the court not later than seven days
after receiving an offer to purchase the property for at least the determination of value
or the amount ordered by the court. (b) The report required by subsection (a) shall contain
all of the following information: (1) A description of the property to be sold to each buyer.
(2) The name of each buyer. (3) The proposed purchase price. (4) The terms and conditions
of the proposed sale, including the terms of any owner financing. (5) The amounts to be paid
to lien holders. (6) A statement of contractual or other arrangements or conditions of the
broker's commission. (7) Other material facts relevant to the sale. (Act 2014-299, p. 1080,
§11.)...
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37-4-62
Section 37-4-62 Forced sales - Application to commission; notice and hearing; order. If acquisition
of the property sought to be acquired by the agency is not consummated under the provisions
of Sections 37-4-60 and 37-4-61, the agency, before proceeding to engage in the proposed business,
shall take such steps as may be provided in this division. If the agency and the owner fail
within 60 days after written notice to the owner of the utility as provided in this division
to consummate the proposed acquisition, either the agency or the owner may apply to the commission
within 15 days after the expiration of such 60 days for a determination as to what property
ought in the public interest to be included in the purchase and what price ought to be paid,
having in view the cost of the property less a reasonable allowance for depreciation and obsolescence,
and any other element which may enter into a determination of the fair value of the property
to be purchased; but such price shall be...
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11-47-3
Section 11-47-3 Contracts and indebtedness for municipal buildings and public utility systems;
consolidation of systems; ancillary service contracts. (a) The governing body of any city
or town may contract for the construction, reconstruction, extension, or repair of any municipal
building, plant, waterworks system, or electric light and power plant or system or may on
credit employ labor and purchase on credit all materials and supplies needed in such construction,
reconstruction, extension, or repair and may, without an election, issue evidences of indebtedness
in the forms and of the maturities described in Section 11-47-2 to the extent of any indebtedness
incurred in such contract or purchase or construction, reconstruction or extension and may
secure such evidences of indebtedness by mortgage or deed of trust (in such form and with
such provisions as such governing body may determine) on such municipal building, plant, waterworks
system, or electric light and power plant or...
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11-50-81
Section 11-50-81 Delivery of assessment book to city or town clerk; publication of notice as
to delivery and inspection of book, hearing upon objections to assessments, etc. After the
completion of the proper entries in said book, said book shall be delivered to the city or
town clerk, who shall thereupon give notice by publication one time in some newspaper published
in said municipality or of general circulation therein that said assessment roll or list has
been delivered to him and is open for inspection in the office of the person authorized to
make collection of said assessments. The notice shall state that, at the time and place therein
mentioned, not less than 20 days from the date of publication, the council will meet to hear
and determine any objections or defenses that may be filed to such assessment or the amount
thereof. Such notice shall also state the general character of the sewers or sewer system
purchased or proposed to be purchased and the territory or area abutting...
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11-54B-44
Section 11-54B-44 Requirements of a request for the creation of a self-help business improvement
district. A request for the creation of a self-help business improvement district shall contain
all of the following: (1) The signatures of a representative group of the owners of the nonexempt
real property located within the geographical area of the proposed district. The group shall
include the signatures of the owners of the nonexempt real property comprising at least 60
percent of the total fair market value of all nonexempt real property located in the proposed
district and the signature of an owner of at least 50 percent of the parcels of property located
within the proposed district. The county property tax assessment records shall determine ownership
of real property and the fair market value. When record title to real property is vested in
a public corporation or authority under a bond financing plan provided for by statute, the
beneficial user of the real property in which title...
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11-50-105
Section 11-50-105 Use of proceeds to redeem bonds and coupons; disposition of excess. At any
time when the amount of any particular fund shall, with its accumulations, equal the amount
of outstanding bonds and accrued interest entitled to payment out of such fund, the council
shall have authority to redeem any and all such bonds that may be presented for redemption
at such time thereafter as the holders thereof may desire to present the same for redemption.
The excess, if any, when all bonds and coupons are redeemed and the interest thereon paid,
and not in excess of the total cost and expense of the purchase of such sewer or sewers or
sewer system, shall be converted into the general revenue fund of the city or town. (Acts
1923, No. 165, p. 134; Code 1923, §2118; Code 1940, T. 37, §643.)...
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11-50-266
Section 11-50-266 Notice to owner of existing gas plant or system in territory of intention
of waterworks board to operate gas plant or system therein, etc. Whenever any such waterworks
board proposes to engage in the business of operating a plant or system for the manufacture
of gas and the distribution thereof or the purchase and distribution of manufactured or natural
gas and, at the time such waterworks board proposes to engage in such business, there is then
in existence within the territory in which it is proposed to furnish manufactured or natural
gas service a plant or distribution system or both or any part or parts thereof furnishing
the service so proposed to be furnished by such waterworks board, then such waterworks board,
as a condition precedent to the exercise of such authority, shall notify the owner of such
plant or system by registered or certified mail of its intention to engage in such business
and of its willingness to acquire on such terms and conditions as may...
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11-54B-5
Section 11-54B-5 Requirements of request for creation of self-help business improvement district.
A request for the creation of a self-help business improvement district must contain the following:
(a) The signatures of a representative group of the owners of the real property located within
the geographical area of the proposed district. The group must include the signatures of the
owners of real property which comprises at least two-thirds of the total fair market value
of all real property located in the proposed district. Ownership of real property and the
fair market value thereof shall be determined by the county property tax assessment records.
When record title to real property is vested in a public corporation or authority under a
bond financing plan provided for by statute, the beneficial user of the real property in which
title may ultimately be vested by purchase shall be deemed the owner of such real property
for purposes of this article. (b) An accurate description,...
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16-13B-7
Section 16-13B-7 Defaulting bidder; award to second lowest responsible bidder; preferences;
sole source specification; life cycle costs; rejection of bids; lease-purchase contracts.
(a) When purchases are required to be made through competitive bidding, awards shall be made
to the lowest responsible bidder taking into consideration the qualities of the commodities
proposed to be supplied, their conformity with specifications, the purposes for which required,
the terms of delivery, transportation charges, and the dates of delivery. If at any time after
the award has been made the lowest responsible bidder notifies the awarding authority in writing
that the bidder will no longer comply with the terms of the award to provide the goods or
services to the awarding authority under the terms and conditions of the original award, or
the awarding authority documents that the lowest responsible bidder defaults under the terms
of the original award, the awarding authority may terminate the award...
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27-25-7
Section 27-25-7 Notice of availability of owner's title insurance. (a) In connection with any
transaction involving the purchase or sale of a fee simple or possessory interest in real
property in this state, the title insurer shall obtain or cause its agent to obtain, at or
before the closing of settlement and disbursement of any funds, a statement in writing from
the purchaser acknowledging that the purchaser has received a notice that owner's title insurance
may be available to the purchaser in accordance with the underwriting guidelines of the title
insurer and that the purchaser does or does not desire to purchase owner's insurance coverage.
The written notice of availability of owner's title insurance shall contain all of the following:
(1) The address or legal description of the property. (2) A disclosure that owner's title
insurance may be available in accordance with the underwriting guidelines of the title insurer
and the premium therefor. (3) A space to indicate the desire of...
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