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11-81-184
Section 11-81-184 Establishment, etc., of rates for services furnished by system. Rates for
services furnished by any such system or combined system shall be fixed precedent to the issuance
of the bonds. Such rates shall be sufficient to provide for the payment of the interest upon
and the principal of all such bonds as and when the same become due and payable, to create
a bond and interest redemption fund therefor, to provide for the payment of the expenses of
administration and operation and such expenses for maintenance of the system or combined system
necessary to preserve the same in good repair and working order, to build up a reserve for
depreciation of the existing system or combined system and to build up a reserve for improvements,
betterments and extensions to the existing system or combined system other than those necessary
to maintain the same in good repair and working order as provided in this section. Such rates
shall be fixed and revised from time to time so as to...
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37-11A-1
by the Governor, or upon its otherwise becoming a law, and when the State of Mississippi ratifies
the compact. Article III. For purposes of this compact, the following terms shall have the
following meanings: (1) Person means an individual, a corporation, a partnership, or any other
entity. (2) Railroad means a common carrier by railroad as defined in Section 1(3) of Part
I of the Interstate Commerce Act [codified as 49 U.S.C. §1(3)]. (3) Railroad properties and
facilities mean any real or personal property or interest in property which is owned,
leased, or otherwise controlled by a railroad or other person, including, without limitation,
the authority, and which are used or are useful in rail transportation service, including,
without limiting the generality of the foregoing: a. Track, roadbed, and related structures,
including rail, ties, ballast, other track materials, grading, tunnels, bridges, trestles,
culverts, elevated structures, stations, office buildings used for operating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
11-50-351
Section 11-50-351 Establishment, collection, etc., of rates, fees, and charges for services
furnished. (a) The board is hereby authorized to fix and revise from time to time rates, fees,
and other charges for the use of and for the services furnished or to be furnished by any
water system, sewer system, or sewage disposal system or parts thereof owned, operated, or
maintained by the board. Such rates, fees and charges shall be so fixed and revised as to
provide funds sufficient at all times: (1) To pay the cost of maintaining, repairing, and
operating such system or systems or parts thereof; (2) To pay the principal of and the interest
on all bonds and obligations assumed by the board, including any bonds issued to refund the
same, as the same shall become due and payable; (3) To pay the principal of and the interest
on all revenue bonds issued by the board under the provisions of this article as the same
shall become due and payable; (4) To create and maintain such reserves for the...
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33-12-5
grants or other assistance from federal, state and local governments or from agencies of such
governments and by issuing in its own name revenue bonds pledging a portion of the revenues
from such facilities. f. Arrange with any city, county, municipality or supplier of utilities
for the abandonment, relocation or other adjustment of roads, highways, bridges and utility
lines. (3) LAND ACQUISITION. The agency may acquire by purchase, lease, gift or condemnation
property of any kind, real, personal or mixed, or any interest therein, that the board
deems necessary or convenient to the exercise of its powers or functions; provided, that acquisition
by condemnation shall be limited to land, rights in land, including leaseholds and easements,
and water rights in the Alabama portion of the Elk River Watershed that the board determines
to be necessary to the control and optimum development of the Elk River. The amount and character
of the interests in land, rights in land and water rights...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-12-5.htm - 18K - Match Info - Similar pages
11-81-186
Section 11-81-186 Payment by counties, municipalities, etc., for services furnished by system.
The governing body may provide in the ordinance authorizing the issuance of bonds under the
authority of this article that no free service shall be furnished by any such system or combined
system to the county, city or incorporated town or to any agency, instrumentality, person,
firm or corporation. The reasonable cost and value of any service rendered to any such borrower
by any such system or combined system shall, in that event, be charged against the borrower
and shall be paid for monthly as the service accrues from the current funds or from the proceeds
of taxes which such borrower, within constitutional limitations, is hereby authorized and
required to levy in an amount sufficient for that purpose, and such funds, when so paid, shall
be accounted for in the same manner as other revenues of such system or combined system. (Acts
1933, Ex. Sess., No. 102, p. 88; Code 1940, T. 37, §323.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-186.htm - 1K - Match Info - Similar pages
45-29-90.12
Section 45-29-90.12 Rates, fees, and charges for services. (a) Rates, fees, and charges for
services rendered by the authority from any of its facilities shall be fixed and from time
to time revised by the authority; provided, that such rates, fees, and charges shall be so
fixed as at all times to provide funds at least sufficient to do all of the following: (1)
To pay the cost of operating, maintaining, repairing, replacing, extending, and improving
the facilities and other property from which such services are rendered. (2) To pay the principal
of and the interest on all bonds issued and obligations assumed by it, the authority, that
are payable out of the revenues derived from the operation of those facilities, as the principal
and interest become due and payable. (3) To create and maintain such reserves for the foregoing
purposes or any of them as may be provided in any mortgage and deed of trust or trust indenture
executed by the authority hereunder or in any resolutions of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-90.12.htm - 2K - Match Info - Similar pages
33-15-7
Section 33-15-7 Rates, fees and charges; user permits. (a) Rates, fees and charges for services
rendered by the authority from any of its facilities shall be fixed and from time to time
revised by the authority; provided, that such rates, fees and charges shall be so fixed as
at all times to provide funds at least sufficient: (1) To pay the cost of operating, maintaining,
repairing, replacing, extending and improving the facilities and other property from which
such services are rendered; (2) To pay the principal of and the interest on all bonds issued
and obligations assumed by the authority that are payable out of the revenues derived from
the operation of those facilities as the said principal and interest become due and payable;
(3) To create and maintain such reserves for the foregoing purposes or any of them as may
be provided in any mortgage and deed of trust or trust indenture executed by the authority
hereunder or in any resolutions of the board of directors authorizing the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-15-7.htm - 3K - Match Info - Similar pages
39-7-22
generally; consent of Department of Finance required for issuance or sale of bonds or other
evidence of indebtedness by authority. (a) Subject only to the Constitution of the State of
Alabama, each authority incorporated under this chapter shall have power: (1) To sue and be
sued; (2) To have a seal and alter the same at pleasure; (3) To acquire, by purchase, gift,
devise, lease or exercise of the power of eminent domain or other mode of acquisition, hold
and dispose of property real and personal, tangible and intangible, and interests therein
in its own name, subject to mortgages or other liens or otherwise, and to pay therefor in
cash or on credit and to secure and procure payment of all or any part of the purchase price
thereof on such terms and conditions as it shall determine; (4) To make and enter into contracts,
indentures of trust, leases and bonds; (5) To borrow money and to issue negotiable bonds and
provide for the rights of the holders thereof; (6) To refund any bonds...
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11-50-314
(whether or not such system or systems were in existence and whether or not such system or
systems were privately owned prior to acquisition by such corporation and whether such system
or systems are located within or without or partly within and partly without the limits of
the municipality which authorized the organization of such corporation or within the limits
of another municipality) and to receive, acquire, take, and hold, whether by purchase, gift,
lease, devise, or otherwise, real, personal, and mixed property of any nature whatsoever
that its board of directors may deem a necessary or convenient part of such system or systems;
(5) To borrow money for any corporate function, use, or purpose and to issue in evidence of
the borrowing interest-bearing bonds payable solely from the revenues derived from the operation
of any one or more of its systems (regardless of the system or systems for the benefit of
or with respect to which such borrowing may be made); (6) To pledge for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-314.htm - 5K - Match Info - Similar pages
24-1-6
Section 24-1-6 Establishment of rentals and tenant selection in low rent housing projects.
(a) It is declared to be the policy of this state that each housing authority shall manage
and operate its low rent housing projects in an efficient manner so as to enable it to fix
the rentals for dwelling accommodations at the lowest possible rates consistent with its providing
decent, safe, and sanitary dwelling accommodations for persons of low income, and that no
housing authority shall construct or operate any such project for profit, or as a source of
revenue of the city or town. To this end a housing authority shall fix the rentals for such
dwellings in its low rent housing projects at no higher rates than it shall find to be necessary
in order to produce revenues which, together with all other available moneys, revenues, income,
and receipts of such authority from whatever sources derived, including federal financial
assistance necessary to maintain the low rent character of the...
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