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11-54A-13
Section 11-54A-13 Notice of bond resolution; 30 days to bring action to question bond
validity. Upon the adoption by the board of the authority of any resolution providing for
the issuance of bonds, the authority may cause to be published once a week for two consecutive
weeks, in a newspaper published or having general circulation in the city, a notice in substantially
the following form (the blanks being properly filled in) at the end of which shall be printed
the name and title of either the chairman or secretary of such authority. "The _____
Redevelopment Authority, a public corporation under the laws of the State of Alabama, on the
_____ day of _____ authorized the issuance of $_____ principal amount of bonds of the public
corporation for purposes authorized in the act of the Legislature of Alabama under which the
public corporation was organized. Any action or proceeding questioning the validity of the
bonds, or the pledge and the mortgage and deed of trust or trust indenture to...
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11-89A-23
Section 11-89A-23 Notice of bond resolution; contest to validity of bonds, etc. Upon
the adoption by the board of any authority of any resolution providing for the issuance of
bonds, such authority may, in the discretion of its board, cause a notice respecting the issuance
of such bonds to be published once a week for two consecutive weeks in each county in which
shall be located any facility financed or in any way assisted by the issuance of such bonds,
such publication in each such county to be in a newspaper having general circulation therein.
Such notice shall be in substantially the following form (the blanks being properly filled
in) at the end of which shall be printed the name and title of either the chairman or secretary
of such authority: "_____, a public corporation and instrumentality of the State of Alabama,
on the _____ day of _____, authorized the issuance of $_____ principal amount of bonds (or
notes, as the case may be) of the said public corporation for purposes...
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11-54-182
Section 11-54-182 Notice of bond resolution; limitation on proceedings questioning or
attacking bonds. Upon the adoption by the board of any authority of any resolution providing
for the issuance of bonds, such authority may, in its discretion, cause to be published once
a week for two consecutive weeks, in a newspaper published or having a general circulation
in the authorizing municipality, a notice in substantially the following form (the blanks
being properly filled in) at the end of which shall be printed the name and title of either
the chairman or secretary of such authority: "___, a public corporation under the laws
of the State of Alabama, on the _____day of _____, authorized the issuance of $_____ principal
amount of bonds of the said public corporation for purposes authorized in the act of the Legislature
of Alabama under which the said public corporation was organized. Any action or proceeding
questioning the validity of the said bonds, or the pledge and the...
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11-88-7.1
Section 11-88-7.1 Additional powers. (a) Any authority organized or operating pursuant
to Chapter 88 of Title 11 shall, in addition to all other powers now or hereafter granted
by law, have the following powers and rights: (1) To borrow money for temporary use for any
of its corporate purposes and, in evidence of such borrowing, to issue from time to time revenue
bonds or notes maturing not later than 36 months from the date of issuance. Any such temporary
borrowing may be made in anticipation of the sale and issuance of long-term revenue bonds,
and in such event, the principal proceeds from the sale of such long-term revenue bonds shall,
to the extent necessary, be used for payment of the principal of and the interest on the temporary
revenue bonds or notes issued in anticipation of the sale and issuance of such long-term revenue
bonds. Any such temporary borrowing may also be made with respect to a project simultaneously
with or after the sale and issuance of long-term revenue bonds...
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4-3-15
Section 4-3-15 Publication of notice of bond resolution; limitation period for proceedings
to challenge validity of bonds, proceedings for issuance, etc. Upon the adoption by the board
of any resolution providing for the issuance of bonds, the authority may, in its discretion,
cause to be published, once a week for two consecutive weeks, in a newspaper that is customarily
published in this state not less than five days in each calendar week and distributed in the
county in which is located the principal office of the authority, a notice in substantially
the following form (the blanks being properly filled in) at the end of which there shall be
printed the name and title of either the chairman or secretary of the authority: "___,
a public corporation of the State of Alabama, on the ____ day of ______, authorized the issuance
of $_____ principal amount of revenue bonds of the said corporation for purposes authorized
in the act of the Legislature of Alabama under which the said...
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4-3-52
Section 4-3-52 Bonds - Publication of notice of bond; limitation period for actions
or proceedings to challenge proceedings for issuance of bonds, etc. Upon the adoption by the
board of any resolution providing for the issuance of bonds, the authority may, in its discretion,
cause to be published once a week for two consecutive weeks in a newspaper that is customarily
published in this state not less than five days in each calendar week and distributed in the
county in which is located the principal office of the authority, a notice in substantially
the following form (the blanks being properly filled in) at the end of which there shall be
printed the name and title of either the chairman or secretary of the authority: "___,
a public corporation of the State of Alabama, on the ___ day of ______, authorized the issuance
of $____ principal amount of revenue bonds of the said corporation for purposes authorized
in the act of the Legislature of Alabama under which the said corporation...
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11-50A-8
Section 11-50A-8 Powers of the authority. In addition to other powers granted the authority
by this chapter, it shall have all powers consistent with the purposes of the authority as
set forth in Section 11-50A-3, which are necessary or convenient to carry out and effectuate
the purposes and provisions of this chapter, including, but without limiting the generality
of the foregoing, the following enumerated powers, which shall be exercised by the authority
consistently with the provisions of Section 11-50A-3: (1) To sue and be sued and to
prosecute and defend in any court having jurisdiction of the subject matter and of the parties
thereto; (2) To adopt and alter a corporate seal; (3) To make and alter at pleasure all needful
bylaws, rules, and regulations for the transaction of its business and the control of its
property and affairs; (4) To have the same right of eminent domain through condemnation conferred
by Section 10-5-1, or any subsequent statute of similar import; provided...
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11-94-9
Section 11-94-9 Powers of authority; location of projects. (a) An authority organized
and existing under this chapter shall have the following powers, together with all powers
incident thereto or necessary for the performance of those stated herein: (1) To adopt bylaws
for the regulation of its affairs and the conduct of its business; (2) To adopt an official
seal and alter the same at pleasure; (3) To maintain a principal office in the municipality
which is an authorizing subdivision and sub-offices at such other place or places within the
county which is an authorizing subdivision as its board may designate; (4) To sue and be sued
in its own name, excepting actions in tort against the authority; (5) To acquire, whether
by purchase, construction, exchange, gift, lease, or otherwise and to improve, equip, and
furnish and to own and maintain one or more projects or parts thereof, including all real
and personal properties and interests therein which its board may deem necessary in...
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22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this
chapter, shall have the following respective meanings unless the context clearly indicates
otherwise: AUTHORITY. The corporation organized pursuant to the provisions of this chapter
as a public corporation, agency and instrumentality of the state and known as the "Alabama
Drinking Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other
proceedings adopted by the board of directors of the authority authorizing the issuance of
bonds, agreements and related matters. BOARD OF DIRECTORS. The board of directors of the authority.
BOND PROCEEDS. The net proceeds of sale of bonds or notes, and the income derived from the
investment of such proceeds. BONDS. The bonds, notes or obligations or other evidences of
indebtedness issued by the authority under the provisions of this chapter. DEPARTMENT. The
Alabama Department of Environmental Management or any successor. FEDERAL ACT. The Act of...
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22-23A-11
Section 22-23A-11 Establishment of dedicated source of revenue by community water system
for funding of loan by authority; powers of water system; default; repayment guidelines; project
accounts. (a) In order to provide for the funding of the loan by the authority for a project
to a community water system, such water system shall establish a dedicated source of revenue
to repay only the monies received from the authority and to provide for operation, maintenance
and equipment replacement expenses. Such water system is hereby authorized and empowered,
any existing statute to the contrary notwithstanding, to do and perform any one or more of
the following: (1) To obligate itself to pay to the authority at periodic intervals a sum
sufficient to provide bond debt service with respect to the bonds of the authority issued
to fund the loan for such project and to pay over such debt service to the account of the
project for deposit to the Water Supply Assistance Fund; (2) To levy, collect and...
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