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45-8-90
Section 45-8-90 Economic Development Council - Creation; composition; powers and duties. (a)(1)
For the purposes of promoting industry and trade and economic development and to assist Calhoun
County and the municipalities located therein in their pursuits therefor and to provide for
the exercise by the county and the municipalities of certain powers and authority proposed
to be granted to them by an amendment to the Constitution of Alabama, the act proposing such
amendment being adopted at the same session of the Legislature at which the act adding this
section was adopted, there is hereby created an economic development council for Calhoun County,
which council shall constitute a public corporation under the name Calhoun County Economic
Development Council. (2) This section shall be liberally construed in conformity with the
purposes. (b)(1) The powers and authorities of the Calhoun County Economic Development Council
shall be vested in and performed by a board of directors. (2) The...
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11-50A-22
Section 11-50A-22 Issuance of bond anticipation notes and notes. The authority shall have the
power and is authorized to issue, from time to time, bond anticipation notes in anticipation
of the issuance of bonds and to renew from time to time any bond anticipation notes by the
issuance of new bond anticipation notes, whether the bond anticipation notes to be renewed
have or have not matured. The authority may issue bond anticipation notes only to provide
funds which would otherwise be provided by the issuance of the bonds in anticipation of which
the bond anticipation notes are to be issued. The bond anticipation notes may be authorized,
sold, executed, and delivered in the same manner as bonds. Any resolution or resolutions authorizing
bond anticipation notes or any issue thereof may contain any provisions which the authority
is authorized to include in any bonds. All bond anticipation notes shall be special obligations
of the authority payable out of any revenues pledged to the...
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11-50A-13
Section 11-50A-13 Immunity from liability; credit not pledged. (a) Neither the members of the
election committee, the members of the board nor any individual executing bonds, bond anticipation
notes or notes on behalf of the authority shall be personally liable thereon by reason of
the issuance thereof. (b) Neither the bonds, bond anticipation notes nor notes issued under
provisions of this chapter nor the instruments evidencing the obligations which constitute
the security therefor shall constitute a debt or a loan or pledge of the full faith and credit
of the state or of any municipality, but all bonds, bond anticipation notes and notes shall
be payable solely from the sources described in Section 11-50A-19 as provided in the resolutions
or trust agreements or indentures authorizing or securing the issuance and payment of the
bonds, bond anticipation notes or notes, as the case may be. The issuance of bonds, bond anticipation
notes or notes shall not obligate the state or any...
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11-8A-1
Section 11-8A-1 Definitions. As used in this chapter, the following words shall have the following
meanings: (1) BOND FINANCING AGREEMENT. An agreement or other document relating to the sale
or issuance of bonds including, but not limited to, a bond purchase agreement, a loan agreement,
a refinancing agreement, or documents providing for bonds sold or issued on a competitive
sale basis. (2) BONDS. Bonds, bond anticipation notes, warrants, warrant anticipation notes,
or indebtedness issued or entered into on behalf of the county or by the county commission
for a term of at least three years or more. (3) BUSINESS DAY. A day, other than a Saturday
or a Sunday, on which commercial banking institutions are open for business in the State of
Alabama and a day on which the payment system of the Federal Reserve System is operational.
(4) CAPITAL EXPENDITURE. Any cost or expense of a type that is properly chargeable to a capital
account under general federal income tax principles. (5) GENERAL...
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16-13B-1
Section 16-13B-1 Applicability; local preference zone; joint agreement; bid bond. (a) This
chapter shall apply to county boards of education and city boards of education, or any combination
of city and county boards of education as herein provided for the competitive bidding of certain
contracts. With the exception of contracts for public works whose competitive bidding requirements
are governed exclusively by Title 39, all expenditure of funds of whatever nature for labor,
services, work, or for the purchase of materials, equipment, supplies, or other personal property
involving fifteen thousand dollars ($15,000) or more, and the lease of materials, equipment,
supplies, or other personal property where the lessee is, or becomes legally and contractually,
bound under the terms of the lease, to pay a total amount of fifteen thousand dollars ($15,000)
or more, made by or on behalf of any city or county board of education, except as hereinafter
provided, shall be made under contractual...
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11-88-91
Section 11-88-91 Execution of short term notes or issuance of bonds by authority prior to letting
of contract or during progress of work on improvement generally. For the purpose of providing
funds to pay the cost of any improvement made under the provisions of this article, the cost
of which, in whole or in part, is proposed to be assessed against the property drained, served,
and benefited by the improvements being provided, the authority may borrow money temporarily,
executing its negotiable note therefor, which note may not run longer than a period of one
year, or issue bonds. Such temporary note or issue of bonds may be made before the contract
is let for the improvements or during the progress of the work, in installments as the work
progresses, and the making of one loan or the issue of one series of bonds shall not exhaust
the power of the authority to provide sufficient funds for the completion of the improvement.
The authority may pledge as security for such loan, whether...
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22-23A-1
Section 22-23A-1 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
(1) 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 Water
System Assistance Authority." (2) AUTHORIZING RESOLUTION. A resolution or order adopted
by the board of directors of the authority authorizing the issuance of bonds by the authority
pursuant to this chapter. (3) BOARD OF DIRECTORS. The board of directors of the Alabama Water
System Assistance Authority. (4) BONDS. The "Water System Assistance Bonds," notes
or obligations or other evidences of indebtedness issued by the authority under the provisions
of this chapter. (5) BOND PROCEEDS. The direct proceeds of sale of bonds or notes, and the
income derived from the investment of such proceeds. (6) COMMUNITY WATER SYSTEM. A...
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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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22-34-1
Section 22-34-1 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
(1) 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 Water
Pollution Control Authority." (2) AUTHORIZING RESOLUTION. A resolution or order adopted
by the board of directors of the authority authorizing the issuance of bonds by the authority
pursuant to this chapter or by a public body. (3) BOARD OF DIRECTORS. The board of directors
of the Alabama Water Pollution Control Authority. (4) BONDS. The "Water Pollution Control
Bonds," notes or obligations or other evidence of indebtedness issued by the authority
under the provisions of this chapter. (5) BOND PROCEEDS. The direct proceeds of sale of bonds
or notes, and the income derived from the investment of such proceeds. (6) DEPARTMENT....
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23-2-150
Section 23-2-150 Authority to collect tolls, revenues, etc.; to lease to utilities; toll rates
adjusted to conform to trust agreement. The authority is hereby authorized to fix, revise,
charge, and collect tolls for the use of each toll road, bridge or tunnel project and the
different parts or sections thereof, and to contract with, or to lease to or from, any person,
partnership, association or corporation desiring the use of any part thereof, including the
right-of-way adjoining the paved portion of approaches and access highways, streets or roads
for placing thereon telephone, telegraph, electric light or power lines or pipe lines for
gas and water or for petroleum products or for any other purpose except for tracks for railroad
or railway use and to fix the terms, conditions, rents, and rates of charges for such use.
Tolls shall be so fixed and adjusted as to carry out and perform the terms and provisions
of any contract with or for the benefit of bondholders. Tolls shall not be...
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