|
37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
41-10-541
Section 41-10-541 Definitions. (a) The following words and phrases used in this division, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPROPRIATED
FUNDS. Net TVA payments to the extent such payments are pledged and appropriated to the authority
pursuant to Section 41-10-550. (2) AUTHORITY. The public corporation organized pursuant to
this division. (3) AUTHORITY GUARANTY. An agreement of the authority pursuant to which the
payment of debt service referable to bonds, notes, or other evidences of indebtedness of a
development agency is guaranteed by the authority. (4) AUTHORITY OBLIGATIONS. Bonds of the
authority and authority guaranties. (5) AUTHORITY-GUARANTEED OBLIGATIONS. Bonds, notes, or
other evidences of indebtedness of a development agency that are issued solely for the purpose
in financing a project and that are guaranteed, in whole or in part,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-541.htm - 13K - Match Info - Similar pages
33-12-5
Section 33-12-5 Powers, duties and functions. The powers, duties and functions of the agency
shall be as follows: (1) GENERALLY. The agency a. Shall have perpetual succession in its corporate
name. b. May sue and be sued in its corporate name. c. May adopt, use and alter a corporate
seal, which shall be judicially noticed. d. May enter into such contracts and cooperative
agreements with the federal, state and local governments, with agencies of such governments,
with private individuals, corporations, associations, trusts and other organizations as the
board may deem necessary or convenient to enable it to carry out the purposes of this chapter,
including the planned, orderly residential development of the area. e. May adopt, amend and
repeal bylaws. f. May appoint such managers, officers, employees, attorneys and agents as
the board deems necessary for the transaction of its business, fix their compensation, define
their duties, require bonds of such of them as the board may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-12-5.htm - 18K - Match Info - Similar pages
11-55-2
Section 11-55-2 Powers of municipalities generally as to acquisition and leasing of projects
for post offices and issuance of bonds therefor. In addition to any other powers which it
may now have, any municipality in this state may hereafter acquire, whether by purchase, construction,
or gift, a project, as defined in Section 11-55-1, located within the corporate limits, may
lease such project to the United States government for such rental and upon such terms and
conditions as the governing body may deem advisable and as shall not conflict with the provisions
of this chapter and may issue revenue bonds for the purpose of defraying the cost of acquiring,
constructing, enlarging, and maintaining such project. (Acts 1955, No. 491, p. 1107, ยง2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-55-2.htm - 1K - Match Info - Similar pages
11-81-141
Section 11-81-141 Powers of municipalities or counties generally; provisions in instruments
or deeds of trust creating pledges, mortgages, liens, etc., for payment of bonds; determination
of costs of acquisition, construction, etc., of undertakings. (a) In addition to the powers
which it may now have, any municipality or county shall have power under this division: (1)
To acquire by gift or purchase, to construct, to reconstruct, to improve, to better or to
extend any undertaking within or without the municipality or county or partially within or
partially without the municipality or county; (2) To operate and maintain any undertaking
for its own use and for the use of public and private consumers and users within and without
the territorial boundaries of the municipality or county; (3) To lease any undertaking or
portion thereof to any agency or department of the State of Alabama for a period or periods
not exceeding 40 years from the completion of the construction of the work, if...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-141.htm - 6K - Match Info - Similar pages
11-20-3
Section 11-20-3 Powers of counties as to acquisition, leasing, etc., of projects generally.
(a) In addition to any other powers which it may now have, each county shall have the following
powers: (1) To acquire, whether by construction, purchase, gift or lease, one or more projects
which shall be located within this state; (2) To lease to others (in the case of counties
having populations according to the most recent federal decennial census of not less than
54,500 nor more than 56,000, the word others shall include the federal government, any of
its departments and agencies) any or all of its projects for such rentals and upon such terms
and conditions as the governing body may deem advisable and as shall not conflict with the
provisions of this article; and (3) To issue revenue bonds for the purpose of defraying the
cost of acquiring, by construction and purchase, or either, any project and to secure the
payment of such bonds, all as provided in this article. (b) No county shall have...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-3.htm - 1K - Match Info - Similar pages
11-22-8
Section 11-22-8 Powers generally; projects partially within county. (a) The corporation shall
have the following powers together with all powers incidental thereto or necessary for the
performance of those hereinafter stated: (1) To have succession by its corporate name for
the period specified in the certificate of incorporation unless sooner dissolved as hereinafter
provided; (2) To sue and be sued and to prosecute and defend in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To acquire, whether by purchase, construction, exchange, gift, lease,
or otherwise, to improve, maintain, equip, furnish, own, and operate one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith and regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To fix,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-22-8.htm - 5K - Match Info - Similar pages
11-50A-3
Section 11-50A-3 Purpose of authority. The purpose of the authority shall be to acquire, construct,
operate, and maintain or cause to be acquired, constructed, operated, and maintained projects,
and to take all other necessary or desirable action, in order to provide or make available
an adequate, dependable, and economical alternative supply of bulk electric power and energy
and related services for wholesale sales to those municipalities which may desire such supply,
and incidentally and so as to take advantage of economies of scale in the provision of economical
and reliable wholesale power supply to the municipalities, to enter into interconnection arrangements
with other electric suppliers having generation and transmission capabilities, which arrangements
provide for sale, purchase, exchange, or transmission of bulk electric power and energy. The
authority shall only be authorized, through acquisition or construction of projects, or through
interconnection arrangements with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50A-3.htm - 2K - Match Info - Similar pages
11-99B-7
Section 11-99B-7 Powers of district generally; power of district to acquire and operate projects;
provisions in schedules of rates and charges generally. Each district shall have the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time,
which may be in perpetuity, subject to the provisions of Section 11-99B-15, specified in its
certificate of incorporation. (2) To sue and to be sued in its own name in civil actions,
and to defend civil actions against it; provided, that the district shall be deemed to be
a "governmental entity" as defined in Chapter 93 of this title, for the purposes
of limiting the damages for which the district and its members may be liable. (3) To adopt
and make use of a corporate seal and to alter the same at pleasure. (4) To adopt and alter
bylaws for the regulation and conduct of its affairs and business. (5) To acquire, receive,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-7.htm - 6K - Match Info - Similar pages
11-56-8
Section 11-56-8 Powers generally. The corporation shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name until dissolved as provided in this chapter;
(2) To sue and be sued and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties; (3) To make use of a corporate seal and to alter
the same at pleasure; (4) To adopt and alter bylaws for the regulation and conduct of its
affairs and business; (5) To acquire, whether by purchase, gift, lease, devise, or otherwise
property of every description which the board may deem necessary to the acquisition, construction,
improvement, enlargement, operation, or maintenance of a project and to hold title thereto;
(6) To construct, enlarge, equip, improve, maintain, and operate one or more projects; (7)
To borrow money for any of its corporate purposes and to sell and issue...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-8.htm - 2K - Match Info - Similar pages
|