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11-54-88
Section 11-54-88 Additional powers as to pollution control facilities. (a)(1) In addition
to all other powers at any time conferred on them by law, each industrial development board
shall have the following powers: a. To acquire, whether by construction, purchase, exchange,
gift, lease, or otherwise and to enlarge, improve, replace, equip, and maintain one or more
pollution control facilities, including all real and personal properties deemed necessary
or desirable in connection therewith, including the sale and issuance of bonds for any of
the said purposes; b. To lease to others and otherwise dispose of all or any portion of any
pollution control facility; and c. To exercise with respect to any pollution control facility
and each part thereof any and all powers that are conferred on industrial development boards
by other provisions of this division. Each pollution control facility so acquired by any industrial
development board may be a part of another project or may constitute a...
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11-54-80
Section 11-54-80 Definitions. Wherever used in this division, unless a different meaning
clearly appears in the context, the following terms shall be given the following respective
meanings: (1) INDUSTRIAL DEVELOPMENT BOARD or BOARD. Any industrial development board organized
pursuant to the provisions of this division. (2) MUNICIPALITY. Any incorporated city or town
in this state with respect to which an industrial development board may be organized. (3)
PROJECT. a. Any land and any building or other improvement thereon and all real and personal
properties deemed necessary in connection therewith, whether or not now in existence, which
shall be suitable for use by any one of the following or by any combination of two or more
thereof: 1. Any industry for the manufacturing, processing or assembling of any agricultural,
manufactured or mineral products. 2. Any commercial enterprise in storing, warehousing, or
distributing any products of agriculture, mining, or industry, or providing...
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11-54-122
Section 11-54-122 Additional powers of industrial development boards; powers with respect
to ancillary facilities. In addition to all other powers at any time conferred on it by law,
each industrial development board shall have the following powers: (1) To acquire, whether
by construction, purchase, exchange, gift, lease, or otherwise, and to enlarge, improve, replace,
equip, and maintain, one or more ancillary facilities, including all real and personal properties
deemed necessary or desirable in connection therewith, and to sell and issue its bonds for
any of such purposes; (2) To lease to others and otherwise dispose of all or any portion of
any ancillary facility, provided that an industrial development board may operate and use
any ancillary facility, or any part thereof, intended for its own use; and (3) To exercise
with respect to any ancillary facility, and each part thereof, any and all powers that are
conferred on industrial development boards by the Industrial Development...
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11-54-126
Section 11-54-126 Legislative findings and intent. (a) The Legislature hereby finds
and declares all of the following: (1) That industrial development boards have been, and may
hereafter be, organized, under the provisions of either industrial development board act,
to promote industry, develop trade, and further the use of the agricultural products and natural
and human resources of the State of Alabama and the development and preservation of such resources.
(2) That in order to enable all industrial development boards to act more effectively to promote
both the establishment of new business, manufacturing, industrial, commercial, service, and
research enterprises, and the expansion of such enterprises already existing in Alabama, it
is advisable that they be empowered to receive, manage, use, and expend contributions from
private sources that are separate from and in addition to any other moneys or other properties
that such boards are empowered by law to expend or to own. (3) That...
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11-54-87
Section 11-54-87 Powers of boards generally; location and operation of projects of boards
generally; meetings of board of directors. (a) The industrial development board shall have
the following powers together with all powers incidental thereto or necessary for the performance
of those stated in this subsection: (1) To have succession by its corporate name for the period
specified in the certificate of incorporation unless sooner dissolved as provided in this
article; (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 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 and to improve, maintain, equip, and furnish one or more
projects, including all real and personal properties which the board of directors of the board
may deem necessary in connection therewith, regardless of whether or not...
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11-54-20
Section 11-54-20 Definitions. Wherever used in this article, unless a different meaning
clearly appears in the context, the following terms shall be given the following respective
meanings: (1) MUNICIPALITY. Any incorporated city or town in the State of Alabama. (2) PROJECT.
Any land and any building or other improvement thereon and all real and personal properties
deemed necessary in connection therewith, whether or not now in existence, which shall be
suitable for use by the following or by any combination of two or more thereof: a. Any industry
for the manufacturing, processing, or assembling of any agricultural or manufactured products;
b. Any commercial enterprise in storing, warehousing, distributing, or selling products of
agriculture, mining, or industry; c. Any commercial enterprise providing linen rental services
(including laundry and cleaning services related or incidental thereto) primarily to industries
and commercial enterprises described in either of the preceding...
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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...
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41-10-36
Section 41-10-36 Definitions. Unless the context requires otherwise, the terms defined
in this section shall have the following meanings for purposes of this division: (1)
AFFECTED BOND. Any obligation or portion thereof which is required under the terms of the
code to receive an allocation of the state ceiling as a condition for the exclusion of interest
on such obligation from the gross income of the recipient thereof for federal income tax purposes.
(2) ALLOCATION. An allocation of a portion of the state ceiling issued by the authority pursuant
to the provisions of this division. (3) APPLICATION. An application for an allocation, submitted
by an issuer under the provisions of this division. (4) APPLICATION FOR CARRYFORWARD ALLOCATION.
Any application filed with the authority seeking an elective carryforward of unused limitation
for a "carryforward purpose" as defined in Section 146(f)(5) of the code.
(5) AUTHORITY. The State Industrial Development Authority, a public corporation of...
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18-1B-2
Section 18-1B-2 Limitations on condemnation. (a) Neither the State of Alabama, nor any
of its departments, divisions, agencies, commissions, corporations, boards, authorities, or
other entities, nor any agency, corporation, district, board, or other entity organized by
or under the control of any municipality or county in the state and vested by law to any extent
whatsoever with the power of eminent domain may condemn property for the purpose of nongovernmental
retail, office, commercial, residential, or industrial development or use or to primarily
condemn a mortgage or deed of trust; provided, however, the foregoing provisions of this subsection
shall not apply to the exercise of the powers of eminent domain by any county, municipality,
housing authority, or other public entity based upon a finding of blight in an area covered
by any redevelopment plan or urban renewal plan pursuant to Chapters 2 and 3 of Title 24,
provided the purpose of the exercise of the powers of eminent domain...
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33-15-6
Section 33-15-6 Powers, duties and functions generally. The general powers, duties and
functions of the authority shall be as follows: (1) GENERAL. The authority: a. Shall have
perpetual succession in its corporate name; b. May bring civil actions and have civil actions
brought against it 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
federal, state and local governments, with agencies of such governments and with private individuals,
corporations, associations and other organizations, including the Bear Creek Watershed Association,
Inc., whether organized under the laws of Alabama or of another state, as the board may deem
necessary or convenient to enable it to carry out the purposes of this article, which authorization
shall include without limitation contracts and cooperative arrangements with any of the several
states and with counties and municipalities in...
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