45-41A-40.12
Section 45-41A-40.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority, in its discretion,
may cause to be published once a week for two consecutive weeks, in a newspaper published
or having a general circulation in the city, a notice in substantially the following form,
the blanks being properly filled in, at the end of which shall be printed the name and title
of either the chair or secretary of such authority: "The Opelika Downtown Development
Authority, a public corporation under the laws of the State of Alabama, on the _____ day of
_____, authorized the issuance of $_____ principal amount of bonds of the public corporation
for purposes authorized in the act of the Legislature of Alabama under which the public corporation
was organized. Any action or proceeding questioning the validity of the bonds, or the pledge
and the mortgage and deed of trust or trust indenture to secure the...
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45-8A-111.12
Section 45-8A-111.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority may, in its discretion,
cause to be published once a week for two consecutive weeks, in a newspaper published or having
a general circulation in the city, a notice in substantially the following form (the blanks
being properly filled in) at the end of which shall be printed the name and title of either
the chairman or secretary of such authority: "The Oxford Downtown Development Authority,
a public corporation under the laws of the State of Alabama, on the ___ day of ___, authorized
the issuance of $ ______ principal amount of bonds of the public corporation for purposes
authorized in the act of the Legislature of Alabama under which the public corporation was
organized. Any action or proceeding questioning the validity of the bonds, or the pledge and
the mortgage and deed of trust or trust indenture to secure...
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11-54-182
Section 11-54-182 Notice of bond resolution; limitation on proceedings questioning or attacking
bonds. Upon the adoption by the board of any authority of any resolution providing for the
issuance of bonds, such authority may, in its discretion, cause to be published once a week
for two consecutive weeks, in a newspaper published or having a general circulation in the
authorizing municipality, a notice in substantially the following form (the blanks being properly
filled in) at the end of which shall be printed the name and title of either the chairman
or secretary of such authority: "___, a public corporation under the laws of the State
of Alabama, on the _____day of _____, authorized the issuance of $_____ principal amount of
bonds of the said public corporation for purposes authorized in the act of the Legislature
of Alabama under which the said public corporation was organized. Any action or proceeding
questioning the validity of the said bonds, or the pledge and the...
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16-17-18
Section 16-17-18 Notice of bond resolution. Upon the adoption by the board of any resolution
providing for the issuance of bonds, the authority may, in its discretion, cause to be published
once a week for two consecutive weeks, in a newspaper published in the determining municipality,
or if there is no newspaper published in the determining municipality, then in a newspaper
published in the county in which the determining municipality or any part thereof is located,
a notice in substantially the following form (the blanks being properly filled in) at the
end of which shall be printed the name and title of either the chairman or secretary of the
authority: "____, a public corporation and a political subdivision of the State of Alabama,
on the ____ day of ____, authorized the issuance of $____ principal amount of revenue bonds
of the said public corporation for purposes authorized in the act of the Legislature of Alabama
under which the said public corporation was organized. Any action...
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16-18-20
Section 16-18-20 Notice of bond resolution. Upon the adoption by the board of any resolution
providing for the issuance of bonds, the authority may, in its discretion, cause to be published
once a week for two consecutive weeks, in a newspaper published in the determining municipality,
or if there is no newspaper published in the determining municipality then in a newspaper
published in the county in which the determining municipality or any part thereof is located,
a notice in substantially the following form (the blanks being properly filled in) at the
end of which shall be printed the name and title of either the chairman or secretary of the
authority: "____, a public corporation and a political subdivision of the State of Alabama,
on the ____ day of ____, authorized the issuance of $____ principal amount of revenue bonds
of the said public corporation for purposes authorized in the act of the Legislature of Alabama
under which the said public corporation was organized. Any action...
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4-3-51
Section 4-3-51 Bonds - Issuance and sale generally; payment of principal and interest generally;
form, denominations, terms, etc. The authority shall have the power and is hereby authorized
at any time and from time to time to issue and sell its interest-bearing revenue bonds for
any of its corporate purposes. The principal of and the interest on all such bonds shall be
payable solely from, and may be secured by a pledge of, the revenues derived by the authority
from the operation of any or all of its airports, heliports, facilities and other property.
None of the bonds issued or contracts entered into by the authority shall ever constitute
or create an obligation or debt of the state or of any county or municipality within the state,
or a charge against the credit or taxing powers of the state or of any county or municipality
within the state. Bonds of the authority may be issued at any time and from time to time,
may be in such form and denominations, may be of such tenor, may be...
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9-10A-15
Section 9-10A-15 Issuance of bonds. Bonds authorized by Section 9-10A-14 shall not be issued
until proposed by order or resolution of the board of directors of the watershed management
authority specifying the purpose for which the funds are to be used and the proposed undertaking,
the amount of bonds to be issued and the rate of interest they are to bear and are approved
by the Director of the state Department of Finance. An authority, with such approval, shall
have power and is authorized from time to time to issue its negotiable bonds. Said bonds may
be issued in one or more series, may bear such date or dates, mature at such time or times
not exceeding 40 years from their respective dates, bear interest at such rate or rates, payable
in such manner, be in such denominations, be in such form, either coupon or registered, be
executed in such manner, be payable in such medium of payment, at such place or places and
be subject to such terms of redemption, with or without premium, be...
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11-62-9
Section 11-62-9 Bonds and notes generally - Notice of resolution authorizing issuance of bonds
or notes; limitation period for actions, etc., as to validity of proceedings for issuance
of bonds. (a) Upon the adoption by the board of any authority of any resolution providing
for the issuance of bonds or notes, such authority may, in the discretion of its board, cause
a notice respecting the issuance of such bonds or notes to be published once a week for two
consecutive weeks in each county in which shall be located any facility financed or in any
way assisted by the issuance of such bonds or notes, such publication in each such county
to be in a newspaper having general circulation therein. Such notice shall be in substantially
the following form (the blanks being properly filled in) at the end of which shall be printed
the name and title of either the chairman or secretary of such authority: "_____ a public
corporation and instrumentality of the State of Alabama, on the _____ day...
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11-94-12
Section 11-94-12 Bonds of authority - Indenture; lien; remedies of bondholders. In the discretion
of its board, any bonds issued by an authority may be secured by an indenture between an authority
and a trustee, which may be any trust company or bank having trust powers, whether such bank
or trust company is located within or without the state. In any such indenture or resolution
providing for the issuance of bonds an authority may pledge, for payment of the principal
of and the interest on such bonds, any of its revenues to which its right then exists or may
thereafter come into existence and may assign, as security for such payment, any of its leases,
franchises, permits and contracts; and in any such indenture, an authority may mortgage any
of its properties, including any that may be thereafter acquired by it, and may provide that
in the event of a default in payment of the bonds secured thereby or in the event of default
with respect to any agreement contained therein, such...
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41-10-44.11
Section 41-10-44.11 Publication of notice; time limitation on actions questioning bonds or
proceedings. Upon the adoption by the board of directors of the authority of any resolution
providing for the issuance of project obligations, the authority may, in its discretion, cause
to be published once a week for two consecutive weeks, in newspapers published or having a
general circulation in the Cities of Birmingham, Montgomery, Huntsville and Mobile, a notice
in substantially the following form (the blanks being properly filled in) at the end of which
shall be printed the name and title of either the president or the secretary of the authority:
"The State Industrial Development Authority, a public corporation under the laws of the
State of Alabama, on the ______ day of ___, authorized the issuance of $___ principal amount
of bonds or other obligations of the said public corporation for purposes authorized in Title
41, Chapter 10, Article 2A. The proceeds from the sale of the said...
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