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11-54-89
Section 11-54-89 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; refunding of bonds. All bonds issued by the industrial development board shall be payable
solely out of the revenues and receipts derived from the leasing or sale by the board of its
projects or of any thereof as may be designated in the proceedings of the board of directors
under which the bonds shall be authorized to be issued. Such bonds may be executed and delivered
by the board at any time and from time to time, may be in such form and denominations and
of such tenor and maturities, may be in registered or bearer form either as to principal or
interest or both, may be payable in such installments and at such time or times, not exceeding
40 years from the date thereof, may be payable at such place or places whether within or without
the State of Alabama, may bear interest at such rate or rates payable at such time or times
and at such place or places and evidenced in such manner,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-89.htm - 4K - Match Info - Similar pages
11-44D-19
Section 11-44D-19 Continuation of laws relating to certain boards, etc. All laws relating to
the school board, library board, medical clinic board, hospital board, airport board, housing
authority, industrial development board, downtown development authority, plumbers or electricians
board, planning board, zoning board, park or recreation board, municipally owned public utility,
and any municipally owned service enterprise, including inter alia, electric, gas and water
boards, agencies, etc., and any board, authority, agency, etc., given such independent status,
as the same may apply and be in effect at the time when the municipality shall elect to be
governed by the provisions of this chapter, shall continue in full force and effect and without
interruption or change as to the establishment or conduct of any such authority, board, or
agency, until otherwise provided by law. (Acts 1986, No. 86-195, p. 240, §19.)...
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11-43A-105
Section 11-43A-105 Continuation of laws relating to boards, authorities, agencies, etc., with
independent status until otherwise provided. All laws relating to any school board, library
board, hospital board, airport board, housing authority, plumbers or electricians board, planning
board or commission, zoning board, board of adjustment, park or recreation board, industrial
development board, medical clinic board, utilities board, or any municipally-owned service
enterprise, including, without limitation, electric, gas, sewer, and water boards or agencies,
and to any board, authority, or agency having independent status, which may apply at the time
the council-manager form of government under this article is made effective, shall continue
in full force and effect and without interruption or change as to the establishment or conduct
of any such authority, board, or agency, unless and until otherwise provided by law. (Acts
1991, No. 91-545, p. 973, §36.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43A-105.htm - 1K - Match Info - Similar pages
11-43B-27
Section 11-43B-27 Laws as to independent boards, authorities, and agencies continued in effect.
All laws relating to the school board, library board, hospital board, airport board, industrial
development boards or authorities, housing authorities, medical clinic boards, plumbers or
electricians boards or other technical boards, planning commission, board of adjustment, any
municipally owned service enterprise, and any board, authority, agency, etc., given such independent
status, as the same may apply and be in effect at the time when the municipality shall elect
to be governed by the provisions of this chapter, shall continue in full force and effect
and without interruption or change as to the establishment or conduct of any such authority,
board, or agency until otherwise provided by law. (Acts 1985, 2nd Ex. Sess., No. 85-926, p.
213, §27.)...
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11-44B-19
Section 11-44B-19 Laws relating to municipal boards, agencies, and service enterprises continued
in force. All laws relating to the school board, library board, hospital board, industrial
development boards or authorities, housing authorities, medical clinic boards, plumbers or
electricians boards or other technical boards, planning board, zoning board, park or recreation
board, municipally owned public utility, other boards and agencies and any municipally owned
service enterprise, including inter-alia, electric, gas and water boards, agencies, etc.,
and any board, authority, agency, etc., given such independent status as the same may apply
and be in effect at the time when the municipality shall elect to be governed by the provisions
of this article, shall continue in full force and effect and without interruption or change
as to the establishment of conduct of any such authority, board, or agency until otherwise
provided by law. (Acts 1985, 1st Ex. Sess., No. 85-107, p. 141, §19.)...
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41-10-20
Section 41-10-20 Definitions. When used in this article, the following terms shall have the
following meanings, respectively, unless the context clearly indicates otherwise: (1) AUTHORITY.
The public corporation organized pursuant to the provisions of this article. (2) BOARD OF
DIRECTORS. The board of directors of the authority. (3) BONDS. The bonds issued under the
provisions of this article. (4) GRANTEE. A county, municipality or local industrial development
board organized as a public corporation in this state, or an airport authority organized as
a public corporation in this state pursuant to Chapter 3 of Title 4, or whether created by
general, special or local laws, or general acts of local application, if such authority governs
an airport operated by a county and at least one municipality therein jointly, to which a
grant of money is made as provided in Section 41-10-26. (5) INDUSTRIAL SITES. Land owned by
a grantee or potential grantee on which industrial facilities have been or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-20.htm - 2K - Match Info - Similar pages
41-10-239
Section 41-10-239 Property rights not to be affected by article; sections imposing licensing
requirements, taxes, etc., are void if such requirements not otherwise imposed. It is the
intent of this article that it shall not restrict or impair the real, personal or mixed property
in which any individual person, industry, business, utility, industrial development board
or similar board or authority, public or private corporation or the Alabama State Port Authority
has any legal, equitable, absolute or conditional right, title or interest, whether by fee
simple, leasehold, easement, possession, contract, license, permit or any other form of ownership
or other rights thereto whatsoever or any existing or future rights of way required by the
State of Alabama Department of Transportation for the construction of Interstate Route I-210
and the construction of the new Cochrane Bridge and its roadway approaches and any future
connections to or between these two highway facilities. In the event...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-239.htm - 2K - Match Info - Similar pages
11-54-2
Section 11-54-2 Authorized. Each municipality shall have the power to acquire and develop one
or more parcels of land as the site or sites for an industrial park or industrial parks and
shall have the power to expend money for such acquisition and development. The development
of land as the site for an industrial park shall be deemed to include the provision of water,
sewage, drainage, transportation, power, and communication facilities and other similar facilities
which are incidental to use of the land as an industrial park, but shall not be deemed to
include the provision of structures or buildings other than structures or buildings related
to water, sewage, drainage, transportation, power, communication, or similar facilities. (Acts
1969, No. 737, p. 1311, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-2.htm - 1K - Match Info - Similar pages
45-17-91.23
Section 45-17-91.23 Creation of Shoals Economic Development Fund; purposes for which moneys
in such fund may be expended. (a) There is created the Shoals Economic Development Fund, which
shall be a special or trust fund or account of the committee, and which shall be administered
in accordance with this subpart. (b)(1) The authority may, at any time and from time to time,
request that the committee authorize and approve the expenditure or appropriation of moneys
on deposit in the Shoals Economic Development Fund, but solely for purposes authorized in
subsection (c). Any such request may specify that such moneys shall be expended by, or appropriated
directly or indirectly to, any of the following: a. The authority itself. b. Either of the
counties, or any city or town located, in whole or in part, in either of the counties. c.
Any public corporation that has been organized with the approval or consent of any one or
more of the counties, the municipalities, or any other city or town in...
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45-27-90.04
Section 45-27-90.04 Powers of authority. The authority or its agents and employees may do all
of the following: (1) Investigate, study, and engage in basic research relative to the natural
resources of land, water, minerals, and people in the county and apply its findings in efforts
to promote a sound and balanced agricultural, industrial, and economic development of the
county. (2) Cooperate with municipal, regional, state, or federal planning or other industrial
development authorities. (3) Publicize and advertise the industrial, commercial, and agricultural
resources and opportunities in the county. (4) Collect, compile, and distribute literature
concerning the facilities, advantages, and attractions of the county, the educational, historic,
recreational, and scenic places of interest within the county, and the air, water, and highway
transportation facilities. (5) Contract with other agencies, individuals, or corporations
to promote the purposes of this article, and expressly to...
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