24-1-72
24-1-72 Powers of authority to secure payment of bonds, etc. In connection with the issuance
of bonds or the incurring of any obligation under a lease and in order to secure the payment
of such bonds or obligations, the authority shall have power: (1) To pledge by resolution,
trust indenture, mortgage, subject to the limitations hereinafter imposed, or other contract
all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging all or
any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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11-47-210.1
Section 11-47-210.1 Legislative findings and declarations. The Legislature finds and declares
all of the following: (1) Through this article, the Legislature has (i) granted to each municipality
in the state, acting either individually or in cooperation with one or more other municipalities,
the power to acquire, operate, manage, and control parks, playgrounds, and other recreational
or athletic facilities and to authorize the organization of an authority, as a public corporation,
to act on behalf of the municipality or municipalities in providing for the ownership and
management of parks, playgrounds, and other recreational or athletic facilities, (ii) provided
for the organization of the authorities, and (iii) specified certain powers to be enjoyed
by such an authority. (2) In order to facilitate the accomplishment of the legislative objectives
reflected in this article and to provide for a greater degree of mutual cooperation among
separate political subdivisions, it is necessary,...
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11-50A-9
Section 11-50A-9 Issuance of bonds; prerequisites; procedure; provisions; execution; bond resolution
covenants. (a) The authority shall, prior to the adoption by the board of a resolution authorizing
the issuance of any bonds, enter into one or more contracts with two or more municipalities
which are authorized to contract with the authority pursuant to Section 11-50A-17. Any resolution
of the board authorizing the issuance of bonds may authorize those bonds to be issued in more
than one series, and the issuance of each series of bonds so authorized by that resolution
need not be preceded by the entering into by the authority of additional contracts pursuant
to Section 11-50A-17. (b) The board may by resolution or resolutions authorize the issuance
of bonds. Unless otherwise provided therein, the resolution or resolutions shall take effect
immediately and need not be published or posted. The board may authorize such types of bonds
as it may determine, subject only to any agreement with...
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22-3A-7
(5) To provide for the acquisition, construction, installation, equipping, operation and maintenance
of public health facilities, including the equipping and improvement of existing public health
facilities, and to vest title to such facilities or to cause or permit title to such facilities
to be vested in the authority, the State Board of Health or county board(s) of health, as
the directors shall determine; (6) To receive, take and hold by sale, gift, lease, devise
or otherwise, real and personal property of every description, and to manage the same;
(7) To acquire by purchase, gift, lease or the exercise of the power of eminent domain, or
by any other lawful means, any real, personal or mixed property, and to sell, exchange,
donate, transfer, or convey any or all of its properties, all as the authority shall determine
to be necessary or desirable for the accomplishment of the purposes of this chapter; (8) To
borrow money and issue its bonds in evidence thereof subject to the...
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31-9C-3
Section 31-9C-3 Statewide wireless communication system; powers and duties of commission. (a)
The commission may purchase, lease, acquire, or otherwise implement a statewide wireless communication
system to serve first responder users in state and local governments and those private entities
that enter into a partnership with the commission. The commission shall have the sole authority
over, and bear full responsibility for, the design, engineering, and construction of the system
and shall ensure the proper operation and maintenance of all equipment thereto, unless otherwise
owned and maintained by other state or local entities. This system should enable interoperability
between various wireless communication technologies. (b) The commission shall establish policies,
procedures, and standards and incorporate them into a comprehensive management plan to be
used for use and operation of the system. (c) In order to carry out the duties set forth in
this section, the commission may: (1)...
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41-10-456
and affairs; (5) to establish a fiscal year; (6) to provide for the construction, renovation,
reconstruction, improvement, alteration, addition, demolition, equipment, operation and maintenance
of public office building facilities (including the State Capitol), surfacing and resurfacing
of land for parking and other uses to produce revenue and for the procurement of sites and
equipment for such facilities; (7) to receive, take and hold by sale, gift, lease, devise
or otherwise, real and personal property of every description, and to manage the same;
(8) to acquire by purchase, gift, or any other lawful means, and to transfer, convey or cause
to be conveyed to the state, any real, personal or mixed property; (9) to borrow money
and issue its bonds in evidence thereof subject to the provisions of this article; (10) to
anticipate by the issuance of its bonds as hereinafter limited the receipt of the revenues
from such public office buildings; (11) as security for the payment of the...
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11-97-8
to defend suits against it; (3) To adopt and make use of a corporate seal and to alter the
same at pleasure; (4) To adopt, alter, and repeal bylaws, regulations, and rules, not inconsistent
with the provisions of this chapter, for the regulation and conduct of its affairs and business;
(5) To acquire, whether by gift, purchase, transfer, foreclosure, lease, or otherwise, to
construct and to expand, improve, operate, maintain, equip, and furnish one or more facilities,
including all real and personal properties that its board may deem necessary in connection
therewith, regardless of whether or not any such facility shall then be in existence and,
if in existence, regardless of whether or not any such facility is then owned or leased by
any person to which such facility may subsequently be sold or leased by such corporation;
(6) To borrow money and to sell and issue bonds as hereinafter provided for any corporate
use or purpose; (7) To lease to any person or persons all or any part of...
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41-10-267
of the subject matter and of the parties thereto; (3) To have and to use a corporate seal and
to alter the same at pleasure; (4) To make and alter all needful bylaws, rules and regulations
for the transaction of the authority's business and the control of its property and affairs;
(5) To provide for the acquisition, construction, installation, equipping, operation and maintenance
of judicial facilities; (6) To receive, take and hold by sale, gift, lease, devise or otherwise,
real and personal property of every description, and to manage the same; (7) To acquire
by purchase, gift, or the exercise of the power of eminent domain, or any other lawful means,
and to transfer, convey or cause to be conveyed to the state, any real, personal or
mixed property; (8) To exercise the right of eminent domain as freely and completely as, and
in the same manner as, the state is empowered to exercise such right; (9) To borrow money
and issue its bonds in evidence thereof subject to the...
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11-32-7
and trust indentures, or either. (17) Exercise the power of eminent domain, except as limited
by state law, except the authority may not acquire, without the consent of the owner, any
transportation system from which public transportation service is currently being furnished.
The authority may not by eminent domain acquire any real property or rights owned or held
by public or private railroads or utilities. (18) Expend funds for the purchase or lease of
materials, equipment, supplies, or other personal property without compliance with
Chapter 16 of Title 41. (19) Appoint, employ, contract with, and provide for the compensation
of, officers, employees, and agents, including, but without limitation to, engineers, attorneys,
management consultants, fiscal advisers, or other consultants without regard to Chapter 16
of Title 41, or any law establishing a civil service or merit system that might otherwise
be applicable, as the business of the authority may deem necessary or desirable, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-7.htm - 14K - Match Info - Similar pages

11-88-8
Section 11-88-8 Bonds of authority - Form, terms, denominations, etc.; sale; execution and
delivery; refunding; liability thereon; security for payment of principal and interest and
payment thereof generally; provisions in mortgages, deeds of trust or trust indentures executed
as security for payment of bonds generally. All bonds issued by the authority shall be signed
by the chairman of its board or other chief executive officer and attested by its secretary
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to the bonds of the authority shall be signed by the chairman of its board or other chief
executive officer; provided, that a facsimile of the signature of one, but not both, of said
officers may be printed or otherwise reproduced on any such bonds in lieu of his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a...
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