45-49-90.09
Section 45-49-90.09 Notice of bond resolution. (a) Upon the adoption by the board of directors
of any resolution providing for the issuance of bonds, the corporation, in its discretion,
may cause to be published once a week for two consecutive weeks, in a newspaper published
in the county, 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 chair or secretary
of the corporation: "___, a public corporation under the laws of the State of Alabama,
on the ___ day of ___, authorized the issuance of $___ principal amount of revenue bonds of
the corporation for purposes authorized in the act of the Legislature of Alabama under which
the corporation was organized. Any action or proceeding questioning the validity of the bonds,
the pledge, and mortgage to secure the same, any lease or sale of an industrial site to be
financed by the bonds, or the proceedings...
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9-14A-11
Section 9-14A-11 Bonds - Redemption. The bonds of each series issued pursuant to this chapter
may be issued as serial bonds payable in annual installments or as term bonds or as a combination
thereof, and the principal of the bonds of each such series shall mature or be subject to
mandatory redemption according to such schedule as the respective board of directors of said
corporations shall determine in the resolution authorizing the issuance of such series. The
bonds may be made subject to redemption prior to their respective maturities, at the option
of the state, on such terms and conditions as shall be provided by the board of directors
of the corporation in the resolution authorizing the issuance of such series. Any or all of
such bonds subject to redemption at the option of the state may be called for redemption by
the corporations pursuant to a resolution adopted by the respective board of directors thereof
if pursuant to appropriations theretofore made by the Legislature the...
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11-88-92
Section 11-88-92 Issuance of bonds by authority after completion of work on improvement. If
bonds have not been issued during the progress of the work as authorized by Section 11-88-91,
the authority may, after the completion of the work, sell and issue bonds not exceeding an
amount sufficient to pay the then outstanding principal of and interest on any temporary loans
made pursuant to the provisions of the said Section 11-88-91 to finance all or part of the
improvement, plus such portion of the cost of the improvement, computed in accordance with
Section 11-88-50, as has not been financed by any such temporary loan then outstanding and
unpaid. In determining the amount of bonds so to be issued, the board shall take into consideration,
to the extent practicable, the amount which at the time of the authorization of the sale of
such bonds has been paid by the property owners toward the cost of the improvement. (Acts
1973, No. 826, p. 1293, §53.)...
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41-10-44.11
Section 41-10-44.11 Publication of notice; time limitation on actions questioning bonds or
proceedings. Upon the adoption by the board of directors of the authority of any resolution
providing for the issuance of project obligations, the authority may, in its discretion, cause
to be published once a week for two consecutive weeks, in newspapers published or having a
general circulation in the Cities of Birmingham, Montgomery, Huntsville and Mobile, 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 president or the secretary of the authority:
"The State Industrial Development Authority, a public corporation under the laws of the
State of Alabama, on the ______ day of ___, authorized the issuance of $___ principal amount
of bonds or other obligations of the said public corporation for purposes authorized in Title
41, Chapter 10, Article 2A. The proceeds from the sale of the said...
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41-10-506
Section 41-10-506 Disposition of proceeds of bonds. (a) All proceeds derived from the sale
of any bonds, except refunding bonds, sold by the authority, remaining after payment of the
expenses of issuance thereof, shall be turned over to the State Treasurer, shall be carried
by him in a special account to the credit of the authority, and shall be subject to be drawn
on by the authority solely for the purposes of: (1) Acquiring land for and constructing, reconstructing
and equipping thereon one or more facilities; (2) Paying all reasonable and necessary expenses
incidental thereto, including filing, recording, surveying, legal and engineering fees and
expenses; (3) Paying the interest which will accrue on the said bonds during the period required
for the construction and equipment of the said facilities and for a period not exceeding six
months after the completion thereof; and (4) Paying the principal of and interest on all then
outstanding notes theretofore issued by the authority...
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41-10-631
Section 41-10-631 Notice; contested actions. (a) Upon the adoption by the directors of any
resolution providing for the issuance of bonds, the authority may cause to be published once
a week for two consecutive weeks, in newspapers published or having a general circulation
in the Cities of Birmingham, Montgomery, Huntsville, and Mobile, 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 president or the secretary of the authority: "Alabama
21st Century Authority, a public corporation under the laws of the State of Alabama, on the
__ day of __, authorized the issuance of $____ principal amount of bonds for purposes authorized
in Division 1 of Article 17 of Chapter 10 of Title 41, Code of Alabama 1975. The proceeds
from the sale of the bonds are proposed to be issued to finance ___. Any action or proceeding
questioning the validity of the bonds, the security thereof, the use of the...
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41-10-760
Section 41-10-760 Notice - Contested actions. (a) Upon the adoption by the directors of any
resolution providing for the issuance of bonds, the authority may cause to be published once
a week for two consecutive weeks, in newspapers published or having a general circulation
in the Cities of Birmingham, Montgomery, Huntsville, and Mobile, a notice in substantially
the following form, at the end of which shall be printed the name and title of either the
president or the secretary of the authority: "Alabama Economic Settlement Authority,
a public corporation under the laws of the State of Alabama, on the ____ day of ______, authorized
the issuance of $_____ principal amount of bonds for purposes authorized in Article 19, Chapter
10 of Title 41 of the Code of Alabama 1975. The proceeds from the sale of the bonds are proposed
to be used to ___. Any action or proceeding questioning the validity of the bonds, the security
thereof, the use of the proceeds thereof, or the proceedings...
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11-11A-1
Section 11-11A-1 Authorized; denominations, maturity, interest, price, etc.; anticipation of
longer-term warrants. Any county in the state of Alabama, in addition to all other powers
which it may now have, is hereby authorized and empowered from time to time to authorize,
issue and sell, for the purpose of financing the costs of erecting necessary public buildings,
bridges or roads in such county, interest-bearing tax-anticipation warrants payable (as to
both principal and interest) solely out of the special ad valorem tax authorized by § 215
of the Constitution of Alabama of 1901, as amended, to be levied for the erection of necessary
public buildings, bridges or roads, such warrants to be in such denomination or denominations,
to have such maturity or maturities [not exceeding 30 years from their date], to bear interest
at such rate or rates and payable at such time or times, to be made payable at such place
or places (whether within or without the state) and to be sold at such time...
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11-20-38
Section 11-20-38 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; refunding of bonds. All bonds issued by the corporation shall be payable solely out
of the revenues and receipts derived from the leasing or sale by the corporation 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 corporation 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 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 evidence in such manner, may be executed by such...
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11-22-9
Section 11-22-9 Bond issues - Funds for payment; execution; form; redemption; sale; refunding;
negotiable instruments. (a) All bonds issued by the corporation shall be payable solely out
of the revenues and receipts derived from the operation, leasing or sale by the corporation
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. (b) Such bonds may be executed
and delivered by the corporation 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 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, may be executed...
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