22-27-22
Section 22-27-22 Authority of counties to issue and sell warrants; full faith and credit
of county pledged to payment; restrictions on use of proceeds. Each county shall have the
power from time to time to sell and issue interest-bearing warrants of such county for the
purpose of paying costs to that county of acquiring and providing solid wastes collection
and disposal facilities. Such warrants may be in such denomination or denominations, may have
such maturity or maturities not exceeding 30 years from their date, may bear interest from
their date at such rate or rates payable at such times, may be payable at such place or places
within or without the state, may be sold at such time or times and in such manner, whether
publicly or privately, may be executed in such manner and may contain such terms not in conflict
with the provisions of this article, all as the county commission of such county may provide
in the proceedings wherein the warrants are authorized to be issued. All such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-27-22.htm - 1K - Match Info - Similar pages

11-20-37
Section 11-20-37 Powers generally; location and operation of projects. (a) The corporation
shall have the following powers, together with all powers incidental thereto or necessary
for the performance of those stated in this subsection: (1) To have succession by its corporate
name for the period specified in the certificate of incorporation unless sooner dissolved
as provided in this article; (2) To sue and be sued and to prosecute and defend civil actions
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 acquire, whether by purchase,
construction, exchange, gift, lease or otherwise, improve, maintain, equip and furnish one
or more projects, including all real and personal properties which the board of directors
of the corporation may deem necessary in connection therewith and regardless of whether or
not any such projects or any part thereof shall then be in existence; (5) To...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-37.htm - 4K - Match Info - Similar pages

11-56-9
Section 11-56-9 Leasing of projects. (a) The corporation and any local subdivision are
hereby respectively authorized to enter into with each other one or more lease agreements
whereunder a project or any part thereof shall be leased by the corporation to such local
subdivision for a term not longer than the then current fiscal year of such local subdivision,
but any such lease agreement may contain a grant to such local subdivision of successive options
of renewing the said lease agreement on the terms specified therein for any subsequent fiscal
year or years of such local subdivision. The said lease agreement may contain appropriate
provisions as to the method by which such local subdivision may, at its election, exercise
such of the said options of renewal as its governing body may elect on the terms provided
therein and such other covenants and provisions as shall not be inconsistent with this chapter
and as the corporation and such local subdivision may agree. The rental for each...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-9.htm - 5K - Match Info - Similar pages

16-13-304
Section 16-13-304 Terms and conditions; sale; use of proceeds. (a)(1) Warrants issued
pursuant to this article may be in the denomination or denominations; shall have a maturity
or maturities not exceeding 30 years from their date; may bear interest from their date at
the rate or rates payable in the manner and at the times; may be payable at the place or places
within or without the State of Alabama; may be sold for such price and in the manner as provided
in this article; and may contain the terms not in conflict with the provisions of this article;
all as the board may provide in the proceedings pursuant to which the warrants are authorized
to be issued. (2)(i) The board may provide that the warrants shall bear interest at a rate
or rates fixed at the time of the issuance thereof. (ii) With the prior, specific approval
of the State Superintendent, given as provided in this article, the board may provide that
the warrants shall bear interest at rates which may be changed from time to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-304.htm - 5K - Match Info - Similar pages

23-1-313
Section 23-1-313 Bonds and notes - Disposition of proceeds from sale. The authority
shall pay out of the proceeds from the sale of the obligations authorized by this article
all expenses that the board of directors may deem necessary and advantageous in connection
with the sale and issuance thereof. The proceeds from the issue of any obligations authorized
by this article, (i) except the proceeds of bonds which were issued to pay principal and interest
of temporary bonds or notes and in anticipation of which such temporary bonds or notes shall
have been issued, and (ii) except the proceeds of refunding bonds issued to refund any outstanding
obligation, remaining after paying the expenses of their sale and issuance, shall be deposited
in the State Treasury, shall be credited to the Road and Bridge Fund and shall be subject
to be withdrawn by the authority, upon the approval of the State Department of Transportation
and the Governor, but only for the purpose of paying the federal share...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-313.htm - 3K - Match Info - Similar pages

4-5-2
Section 4-5-2 Issuance and sale; form; denominations; terms; disposition of proceeds
of sale. Each county shall have the power from time to time to sell and issue interest-bearing
warrants of such county or interest-bearing certificates of indebtedness of such county for
the purpose of paying the cost of acquiring and providing county airports, including lands,
structures, runways and all other airport facilities whatsoever. Such warrants and certificates
may be in such denomination or denominations, may have such maturity or maturities not exceeding
30 years from their date, may bear interest from their date at such rate or rates not exceeding
six percent per annum, payable semiannually, may be payable at such place or places within
or without this state, may be sold at such time or times and in such manner, may be executed
in such manner and may contain such terms not in conflict with the provisions of this chapter,
all as the governing body of such county may provide in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-5-2.htm - 1K - Match Info - Similar pages

41-10-260
Section 41-10-260 Definitions. The following terms, wherever used in this article, shall
have the following respective meanings unless the context clearly indicates otherwise: (1)
AUTHORITY. The public corporation organized pursuant to the provisions of this article. (2)
BOARD OF DIRECTORS. The board of directors of the authority. (3) BONDS. When used with reference
to debt instruments issued by the authority, means bonds, notes and other forms of indebtedness.
(4) BUILDING COMMISSION. The Building Commission created by Act No. 128 adopted at the 1945
Regular Session of the Legislature of the state, and any successor agency thereto. (5) CHIEF
JUSTICE. The Chief Justice of the Supreme Court of the State of Alabama. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-260.htm - 5K - Match Info - Similar pages

41-9-806
Section 41-9-806 Powers of commission. The commission shall be authorized: (1) To investigate
and select available sites for housing historic exhibits, including the surrounding grounds,
with such state, federal or local agencies and governments and private individuals, corporations,
associations or other organizations as may be involved, taking into consideration all pertinent
factors affecting the suitability of such sites; to acquire, transport, renovate, maintain
and exhibit appropriate and suitable military or historic units, articles, exhibits and attractions;
to have full, complete and exclusive jurisdiction over the sites and any related exhibits;
(2) To promote tourism throughout the Cahaba Valley by attending travel shows; issuing news
releases, calendars of events and newsletters; publishing brochures and pamphlets; constructing
mobile travel exhibits; producing films and other visual presentations as may be necessary;
and advertising in magazines and/or newspapers; (3) To...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-806.htm - 5K - Match Info - Similar pages

45-49A-64.08
Section 45-49A-64.08 Rates, fees, and charges. Rates, fees, and charges for public transportation
service rendered by the authority from any of its transit systems shall be fixed and from
time to time revised as at all times to provide funds that, when added to all other revenues
(including tax proceeds) anticipated to be received by the authority, will be at least sufficient
to do all of the following: (1) To pay the cost of operating, maintaining, repairing, replacing,
extending, and improving the systems 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 operation of those systems, as the principal
and interest become due and payable. (3) To create and maintain such reserve 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-64.08.htm - 1K - Match Info - Similar pages

45-8A-20.01
Section 45-8A-20.01 Definitions. The following words and phrases used in this part,
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) "Applicant"
means a natural person who files a written application with the governing body of the city
in accordance with the provisions of Section 45-8A-20.03. (2) "Authority"
means the Anniston Downtown Development Authority, a public corporation organized pursuant
to the provisions of this part. (3) "Authorizing resolution" means a resolution
adopted by the governing body of the city in accordance with the provisions of Section
45-8A-20.03, that authorizes the corporation of the authority. (4) "Board" means
the board of directors of the authority. (5) "Bonds" means and shall include bonds,
notes, and certificates representing an obligation to pay money. (6) "City" means
the City of Anniston, Alabama. (7) "Director" means a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-20.01.htm - 3K - Match Info - Similar pages