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11-71-7
Section 11-71-7 Contracts; funding. (a) Upon the making of the preliminary assessments, the
authority shall prepare contracts and shall contract on a competitively bid basis for the
acquisition, construction, or installation of all projects as specified in the petition. (b)
Because authority infrastructure projects are paid from assessments of members of the authority,
no public funds may be utilized and projects shall be exempt from state bidding law, but projects
should be competitively bid. (c) The authority may not contract for and commence the acquisition,
construction, or installation of one or more projects or a portion of one or more projects
in advance of a preliminary or final assessment being collected. (Act 2011-689, ยง7.)...
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11-71-4
Section 11-71-4 Powers of authority. Any authority formed pursuant to this chapter shall have
the following powers, in addition to those stated elsewhere in this chapter: (1) To enter
into competitively bid contracts and agreements affecting the infrastructure projects of the
district. (2) To hold public meetings with proper advertisement and notice to affected and
adjacent property owners. (3) To acquire, construct, install, and operate projects and all
property, rights, or interests incidental or pertinent thereto; provided, however, that nothing
in this chapter shall authorize an authority to construct, own, or operate a system for the
generation, transmission, or distribution of electric power, cable television, or Internet
system, or telecommunications utility or to be in the business of providing electric energy,
cable television, Internet, or telecommunications services. (4) To have the management, control,
and supervision of all the business and affairs of the district, and of...
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11-99A-12
Section 11-99A-12 Contracting for improvements. Upon the making of the preliminary assessment,
the board shall prepare contracts and bid specifications, and shall bid or otherwise contract
for the acquisition, construction, or installation of all the improvements as specified in
the petition. In general, all contracts shall be bid in accordance with applicable state law.
However, if an improvement or a portion of an improvement is to be paid for exclusively with
funds provided through assessments under this chapter or by the owners or on behalf of the
owners, and not from any revenues, taxes, or funds of the appointing government, the contracting
for the acquisition, construction, or installation of the improvement or portion thereof shall
be exempt from all laws relating to the advertising and award of construction contracts and
purchase contracts, including, without limitation, Title 39 and Article 3 of Chapter 16 of
Title 41, and shall be performed in the sole discretion of the...
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41-10-672
Section 41-10-672 Definitions. When used in this division, the following terms shall have the
following meanings unless the context clearly indicates otherwise: (1) ANCILLARY COSTS shall
mean the costs incurred in acquiring and constructing public improvements that benefit all
or any part of the projects including, without limitation, (i) improvements to streets, roads,
and bridges, (ii) improvements to water and sewer systems, gas and electric systems, and other
utilities providing services to any part of the projects, (iii) improvements to the police,
fire, and emergency rescue services provided to the companies by local governmental entities,
and (iv) improvements to transportation systems benefiting the companies, such as railroad
spur and switching facilities. (2) AUTHORITY shall mean the Alabama 21st Century Authority,
which is provided for pursuant to the Enabling Act. (3) BOEING shall mean the Boeing Company,
a corporation, or any affiliate thereof. (4) BONDS shall mean the...
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41-10-271
Section 41-10-271 Acquisition, construction, etc., of judicial facilities; award of contract;
payments under contract; Building Commission expenses; revision of plans. The authority shall
proceed with the acquisition, construction, installation and equipping of the judicial facilities
as soon as may be practicable following the sale of the authority's bonds. Such acquisition,
construction, installation and equipping shall be done by the authority under the supervision
of the Building Commission upon the award of a contract or contracts for each part of the
work to the lowest responsible bidder after advertisement for and public opening of sealed
bids; provided, that for the purpose of determining the lowest responsible bidder, the invitation
for bids and the bidding documents shall be so arranged that alternates from the base bid
shall constitute cumulative deductions from the base bid in the event such alternates should
be selected. All such contracts shall be lump sum contracts and...
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41-29-501
Section 41-29-501 Definitions. (a) For the purposes of this article, the following words and
phrases shall have the following meanings: (1) AUTHORITY. The public corporation organized
pursuant to the provisions of Sections 41-10-20 through 41-10-32. (2) AUTHORIZED PURPOSE.
Any one or more of the purposes for which grants are herein authorized to be made as specified
in Section 41-29-503(a). (3) BOARD OF DIRECTORS. The board of directors of the authority.
(4) BOND. The bonds issued under the provisions of this article. (5) CAPITAL COSTS. All costs
and expenses incurred by one or more investing companies in connection with the acquisition,
construction, installation, and equipping of a qualifying project during the period commencing
with the date on which such acquisition, construction, installation, and equipping commences
and ending on the date on which the qualifying project is placed in service, including, without
limitation of all of the following: a. The costs of acquiring,...
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41-10-44.2
Section 41-10-44.2 Additional definitions. In addition to the definitions contained in Sections
41-10-20 and 41-10-36, the following terms shall have the following meanings, respectively,
when used in this Article 2A unless the context clearly requires otherwise: (1) APPROVED COMPANY.
Any corporation, partnership, trust or other form of business entity approved by the authority
pursuant to the provisions hereof. (2) FINANCING AGREEMENT. Any loan, agreement, financing
agreement, credit agreement, security agreement, mortgage, guaranty agreement or other type
of agreement entered into by the authority and an approved company in connection with the
financing of a project by the authority. (3) INDUSTRIAL or RESEARCH ENTERPRISE. Any trade
or business described in 1987 Standard Industrial Classification Major Group 07, Major Groups
20 through 39, inclusive, 50 and 51, Industrial Group Number 737, and Industry Numbers 8731,
8733 and 8734, as set forth in the Standard Industrial Classification...
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41-10-652
Section 41-10-652 Definitions. When used in this division, the following terms shall have the
following meanings unless the context clearly indicates otherwise: (1) ANCILLARY COSTS shall
mean the costs incurred in acquiring and constructing public improvements that benefit all
or any part of the project including, without limitation, (i) improvements to streets, roads
and bridges, (ii) improvements to water and sewer systems, gas and electric systems, and other
utilities providing services to any part of the project, (iii) improvements to the police,
fire, and emergency rescue services provided to the company by local governmental entities,
and (iv) improvements to transportation systems benefiting the company, such as railroad spur
and switching facilities. (2) AUTHORITY shall mean the Alabama 21st Century Authority, which
is provided for pursuant to Division 1. (3) BONDS shall mean the bonds that are authorized
herein to be issued by the authority. (4) COMPANY shall mean an...
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11-99A-6
Section 11-99A-6 Powers of a district. Any district shall have the following powers, in addition
to those stated elsewhere in this chapter: (1) To have perpetual existence, subject to termination
as herein provided. (2) To have and use a corporate seal, but the use of a corporate seal
on any document shall not be required for the validity of a document or the due execution
and delivery thereof. (3) To sue and to be sued and to be a party to suits, actions, and proceedings,
but subject to the limitations on liability and the immunity granted in this chapter. (4)
To enter into contracts and agreements affecting the affairs of the district, including contracts
with the United States of America and any other public person. (5) To borrow money and to
incur indebtedness and to evidence the same by bonds, all without an election. (6) To acquire
and dispose of land, real property, personal property, and interests therein of any nature.
(7) To acquire, construct, install, and operate...
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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,...
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