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11-32-1
Section 11-32-1 Legislative findings. (a) The Legislature finds, determines, and hereby declares
that, in counties having a population of not less than 600,000, there are conditions present
that are not present in counties with lesser populations. Those conditions include, but are
not limited to, the following: (1) The excessive growth in private vehicular traffic in the
counties is placing excessive burdens upon the road systems and parking facilities, especially
in commercial and industrial districts and in areas of high population density, which cannot
be alleviated by private vehicular traffic. (2) The number of vehicular miles the average
citizen of those counties travels per day is among the highest nationally in terms of miles
and commuting times. (3) The projected continued economic growth of the counties and the general
health and welfare of the citizens of the counties require those counties to provide the enhanced
availability of public transportation facilities, operations,...
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11-89-13
Section 11-89-13 Loans, sales, grants, etc., of money, property, etc., to district by counties,
municipalities, public corporations, etc. For the purpose of securing water service, sewer
service, or fire protection service or aiding or cooperating with the district in the planning,
development, undertaking, construction, extension, improvement, operation, or protection of
water systems, sewer systems, and fire protection facilities, any county, municipality, or
other political subdivision, public corporation, agency, or instrumentality of this state
may, upon such terms and with or without consideration, as it may determine: (1) Lend or donate
money to, guarantee all or any part of the indebtedness of, or perform services for the benefit
of the district; (2) Donate, sell, convey, transfer, lease, or grant to the district, without
the necessity of authorization at any election of qualified voters, any property of any kind,
including, but without limitation, any water system, sewer...
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9-18-1
Section 9-18-1 Enactment of Southern Interstate Nuclear Compact. The Southern Interstate Nuclear
Compact is hereby enacted into law and entered into by the state of Alabama with any and all
states legally joining therein in accordance with its terms, in the form substantially as
follows: "SOUTHERN INTERSTATE NUCLEAR COMPACT "Article I. Policy and Purpose "The
party states recognize that the proper employment of nuclear energy, facilities, materials,
and products can assist substantially in the industrialization of the south and the development
of a balanced economy for the region. They also recognize that optimum benefit from and acquisition
of nuclear resources and facilities requires systematic encouragement, guidance, and assistance
from the party states on a cooperative basis. It is the policy of the party states to undertake
such cooperation on a continuing basis; it is the purpose of this compact to provide the instruments
and framework for such a cooperative effort to improve...
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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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11-49A-1
Section 11-49A-1 Legislative findings and purpose. The legislature has found and determined
and does hereby declare that in Class 3 municipalities the following conditions exist: (1)
That the constant growth of private vehicular traffic in such counties in which such municipalities
are located is placing excessive burdens upon the road systems and parking facilities, especially
in commercial and industrial districts and in areas of high population density; (2) That the
continued economic growth of such municipalities and the general health and welfare of the
citizens of such counties require the availability of public facilities for mass transportation;
and (3) That it is necessary and desirable and in the best interests of the citizens of such
municipalities that provisions be made for the establishment in such counties of public corporations
to provide public transportation service. The legislature does hereby further declare its
intention, by the passage of this chapter, to promote...
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11-49B-7
Section 11-49B-7 Powers of authority. The authority shall exercise, subject to this chapter,
the following powers and duties necessary to the discharge of its powers and duties in corporate
form: (1) To have succession by its corporate name for the duration of time, which may be
perpetual, subject to the provisions of Section 11-49B-19 specified in its certificate of
incorporation. (2) To sue and be sued in its own name in civil suits and actions and to defend
suits against it. (3) To adopt and make use of a corporate seal and to alter the seal at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to
hold property of every description, real, personal, or mixed, whether located in one or more
counties or municipalities and whether located within or outside the authorizing county. (6)
To make, enter into, and execute contracts, agreements, leases, and...
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11-86A-16
Section 11-86A-16 Application of proceeds from the sale of bonds; source of payment; pledge
of county's or municipality's credit; negotiability; exemption from taxation; pledge as security
for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing
required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement
System of Alabama, and the State Insurance Fund; investment in bonds by public persons. (a)
The proceeds from the sale of any bonds shall be applied as provided in the proceedings in
which the bonds are authorized to be issued, including, without limitation, the payment of
all legal, fiscal, and recording fees and expenses incurred in connection with the authorization,
sale, and issuance of the bonds and, if provided in the proceedings authorizing their issuance,
interest on the bonds (or if only a part of any issue of bonds is issued for acquisition purposes,
interest on that portion of the bonds of that issue...
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22-23B-8
Section 22-23B-8 Funding of a loan. (a) In order to provide for the funding of a loan by the
authority for a project to the public body, such public body shall, to the extent required
by the authority as a condition precedent to the making of a loan, establish a dedicated source
of revenue to repay the moneys received from the authority and to provide for operation, maintenance
and equipment replacement expenses. Such public body is hereby authorized and empowered, any
existing statute to the contrary notwithstanding, to do and perform any one or more of the
following: To obligate itself to pay to the authority at periodic intervals a sum sufficient
to provide bond debt service with respect to the bonds of the authority issued to fund the
loan for such project; To levy, collect and pay over to the authority and to obligate itself
to continue to levy, collect and pay over to the authority the proceeds of any one or more
of the following: Any fee or charge for services from any one or...
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22-30F-8
Section 22-30F-8 Funding of a loan. (a) In order to provide for the funding of a loan by the
authority for a project to the public body, such public body shall, to the extent required
by the authority as a condition precedent to the making of a loan, establish a dedicated source
of revenue to repay the moneys received from the authority and to provide for operation, maintenance,
and equipment replacement expenses. Such public body is hereby authorized and empowered, any
existing statute to the contrary notwithstanding, to do and perform any one or more of the
following: (1) To obligate itself to pay to the authority at periodic intervals a sum sufficient
to provide bond debt service with respect to the bonds of the authority issued to fund the
loan for such project. (2) To levy, collect, and pay over to the authority and to obligate
itself to continue to levy, collect, and pay over to the authority the proceeds of any one
or more of the following: a. Any fee or charge for services from...
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45-29-140.08
Section 45-29-140.08 Rates, fees, and charges. Rates, fees, and charges for water service and
fire protection service rendered by the authority from any of its water systems or fire protection
facilities shall be so fixed and from time to time revised as at all times to provide funds
at least sufficient to do all of the following: (1) Pay the cost of operating, maintaining,
repairing, replacing, extending, and improving the systems and facilities, or either, from
which such services are rendered. (2) Pay the principal of and the interest on all bonds and
obligations assumed by the authority that are payable out of the revenues derived from operation
of those systems and facilities together with revenues from any tax sources and fees as the
principal and interest become due and payable. (3) 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 under this article or in...
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