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45-11-245.09
Section 45-11-245.09 Use of proceeds. The proceeds of any taxes levied pursuant to the
authorization contained in this part shall be used only for the purpose of providing funds
to pay the costs of construction, maintenance, and operation of hospital facilities in the
county. The entire proceeds derived by the county from the taxes herein authorized to be levied,
including any income derived from the investment of such proceeds, shall be paid over and
deposited, promptly upon receipt thereof, into a separate and distinct fund or account of
the county, which shall be accounted for as other county funds; provided, however, the governing
body of the county shall have the further power to designate as the agency of the county to
construct, maintain, and operate the hospital facilities any public hospital corporation heretofore
or hereafter organized for hospital purposes in the county. When a public hospital corporation
shall be so designated, the proceeds of the taxes thereafter collected...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-11-245.09.htm - 2K - Match Info - Similar pages
23-1-314
Section 23-1-314 Bonds and notes - Payment generally. (a) For the purpose of providing
funds to enable the authority to pay at their respective maturities and due dates the principal
of and interest on the obligations that may be issued by it under this article at any time
after March 1, 2014, there hereby is irrevocably pledged and appropriated so much as shall
be necessary for the purpose of the state's share of net gasoline tax proceeds. (b) In addition,
for the purpose of providing funds to enable the authority to pay at their respective maturities
and due dates the principal of and interest on the obligations that may be issued by it under
this article, there hereby is irrevocably pledged and appropriated each year all federal aid
funds for federal aid projects to be received by the State Department of Transportation from
the United States government to the extent that such funds may be required to pay the principal
of and interest on such obligations. All federal aid funds for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-314.htm - 3K - Match Info - Similar pages
23-1-181
Section 23-1-181 Appropriations and pledges of revenue for payment of principal and
interest on bonds; sinking fund. (a) Where used in this section the following words
and terms shall be given the following respective meanings: (1) BONDS. Such term, without
qualifying words or phrases, means bonds of the corporation issued under this article. (2)
CODE. The Code of Alabama, 1975. (3) CORPORATION. Alabama Highway Finance Corporation, a public
corporation and instrumentality of the State of Alabama that was organized and is existing
under this article. (4) GASOLINE TAX APPROPRIATION STATUTE. Section 40-17-359. (5)
HIGHWAY GASOLINE TAX. a. The excise tax levied in subdivision (1) of subsection (a) of Section
40-17-325, exclusive of those portions of the tax in respect of aviation fuel and marine gasoline,
as those terms are used in the section; and b. The excise tax levied by Article 3 of
Chapter 17 of Title 40, exclusive of that portion of the tax in respect of diesel fuel. (6)
NET...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-181.htm - 5K - Match Info - Similar pages
16-13-121
Section 16-13-121 Approval of issue by State Superintendent of Education. Before issuing
any warrants under Section 16-13-120, the county board of education or the city board
of education, as the case may be, shall cause an application for approval of such issue to
be filed with the State Superintendent of Education. Such application shall be in such form
and shall contain such information as the State Superintendent of Education may prescribe,
and he may require such further information as may be necessary relating to the proposed warrants
or other financial or educational matters under the control of such board of education. He
shall not approve the issue of any warrants which would jeopardize the state's Foundation
Program of education as prescribed by law and in accordance with the rules and regulations
of the State Board of Education. He shall not approve the issue of any warrants hereunder
when the principal or interest of any other warrants constituting a preferred claim against...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-121.htm - 3K - Match Info - Similar pages
23-1-175
Section 23-1-175 Powers. The corporation shall have the following powers: (1) To have
succession by its corporate name without time limit; (2) To maintain actions and have actions
maintained against it and to prosecute and defend 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 construct, reconstruct and relocate, or to cause to be constructed,
reconstructed and relocated, public roads and bridges, including work incidental or related
thereto in the State of Alabama; (5) To receive, take and hold by sale, gift, lease, devise
or otherwise real and personal estate of every description and to manage the same; (6) To
acquire by purchase, gift or the exercise of the power of eminent domain or any other lawful
means and to convey, or cause to be conveyed, to the State of Alabama any real, personal or
mixed property necessary or convenient in connection with the construction of public...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-175.htm - 3K - Match Info - Similar pages
11-99-8
Section 11-99-8 Financing of project costs. (a) Payment of project costs may be made
by any of the following methods or any combination thereof: (1) Payment from the tax increment
fund of the tax increment district if the purpose of the payment is one provided for in Section
11-99-6 hereof; (2) Payment out of the general funds of the public entity, such payments being
used either directly by the public entity to pay such costs or used by a third party recipient
of such funds to pay such costs if within a Major 21st Century Manufacturing Zone; (3) Payment
out of the proceeds of the sale of warrants, bonds or notes (whether public improvement bonds
or notes, mortgage bonds, notes or certificates, revenue bonds or notes, or otherwise) issued
by the public entity, such payments being used either directly by the public entity to pay
such costs or used by a third party recipient of such funds to pay such costs if within a
Major 21st Century Manufacturing Zone; (4) Payment out of the proceeds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99-8.htm - 4K - Match Info - Similar pages
16-13-91
Section 16-13-91 Approval of issuance. Before issuing any warrants hereunder the county
board of education or the city board of education, as the case may be, shall cause an application
for approval of such issue to be filed with the State Superintendent of Education. Such application
shall be in such form and shall contain such information as the State Superintendent of Education
may prescribe, and he may require such further information as may be necessary relating to
the proposed warrants or other financial or educational matters under the control of such
board of education. He shall not approve the issue of any warrants which would jeopardize
the state's Foundation Program of education as prescribed by law and in accordance with the
rules and regulations of the State Board of Education. He shall not approve the issue of any
warrants hereunder when the principal or interest of any other warrants constituting a preferred
claim against the same tax is overdue and unpaid, except...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-91.htm - 3K - Match Info - Similar pages
16-13-215
Section 16-13-215 Approval of note issue by state superintendent; procedure; conclusive
determination. (a) Before issuing any notes hereunder, the board of education by which such
notes are proposed to be issued shall cause an application for approval of such issuance to
be filed with the State Superintendent of Education. Such application shall be in such form
and shall contain such information as the State Superintendent of Education may prescribe,
and he may require such further information as may be necessary relating to the proposed notes
or other financial or educational matters under the control of such board of education. He
shall not approve the issue of any notes hereunder which would jeopardize the Minimum State
Program of education as prescribed by law and in accordance with the rules and regulations
of the State Board of Education. He shall not approve the issue of any notes hereunder when
the principal of or the interest on any other notes or any other warrants...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-215.htm - 2K - Match Info - Similar pages
22-3A-16
Section 22-3A-16 Appropriation made; Debt Service Reserve Fund established. (a) For
the purpose of providing funds to enable the authority to pay on their respective due dates
the principal of and the interest and premium (if any) on any bonds issued by it under the
provisions of this chapter and to accomplish the objects of this chapter, there is hereby
irrevocably pledged to such purpose and there is hereby appropriated so much as may be necessary
for such purpose of the receipts from the incremental and additional excise taxes or fees
levied on the disposal of hazardous waste or hazardous substances by the provisions of (i)
the act resulting from the enactment of House Bill 310 introduced at the 1990 Regular Session
of the Alabama Legislature (whether such bill is enacted before or after this chapter) or
(ii) any other statute, now or hereafter enacted, which appropriates or pledges such a tax
or fee for the payment of the principal of and the interest and premium (if any) on bonds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-16.htm - 2K - Match Info - Similar pages
11-92A-12
Section 11-92A-12 Powers of authority. An authority shall have the following powers,
which it may exercise in any county within such authority's authorized operational area: (1)
To have succession by its corporate name until dissolved as provided in this chapter; (2)
To institute and defend legal proceedings in any court of competent jurisdiction and proper
venue; provided, however, that an authority may not be sued in any trial court other than
the courts of a county within the authorized operational area of the authority; provided,
further, that the officers, directors, agents, and employees of an authority may not be sued
for their actions in behalf of the authority except for actions that are known by such person
to be unlawful or are performed with reckless disregard for the lawfulness of such actions;
(3) To have and to use a corporate seal and to alter the seal at its pleasure; (4) To establish
a fiscal year; (5) To anticipate by the issuance of its bonds the receipt of any...
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