33-2-157
Section 33-2-157 Requirements for sale of bonds. The bonds must be sold only at public
sale, either on sealed bids or at public auction, to the bidder whose bid reflects the lowest
net interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the day fixed for the sale. The department may
fix the terms and conditions under which each such sale may be held; provided, that none of
the bonds may be sold for a price less than the face value thereof; and,...
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33-2-38
Section 33-2-38 Requirements for sale of bonds. The bonds must be sold only at public
sale, either on sealed bids or at public auction, to the bidder whose bid reflects the lowest
net interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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33-2-68
Section 33-2-68 Requirements for sale of bonds. The bonds must be sold only at public
sale, either on sealed bids or at public auction, to the bidder whose bid reflects the lowest
net interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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33-2-98
Section 33-2-98 Requirements for sale of bonds. The bonds must be sold only at public
sale, either on sealed bids or at public auction, to the bidder whose bid reflects the lowest
net interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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16-16B-5
Section 16-16B-5 (Implementation Conditioned on Separate Legislative Enactment.) Sale
of the bonds. The Bonds may be sold by the Authority from time to time in series, and if sold
in more than one series, may all be authorized in one initial resolution of the Authority
with the pledges therefor made by the Authority in such initial resolution although some of
the details applicable to each series may be specified in the respective resolutions under
which the different series are issued. The Authority, in the course of establishing, by resolution,
a principal amount of Bonds to be authorized for sale at any given time, or to be sold in
any series, may take into account the existence of any unexpended proceeds of prior issues
of bonds of the Authority (and of any other issuer, if such should be deemed by the Authority
to be relevant), and may structure the portions of the allocations provided for in Section
16-16B-9 to be distributed from the proceeds of a particular series (constituting...
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2-5A-33
Section 2-5A-33 Sale of bonds. The bonds may be sold by the Department of Agriculture
and Industries from time to time in series. Each series of the bonds shall be sold at competitive
bid and at such price or prices and at such time or times as the commissioner may consider
advantageous. Bonds sold by competitive bid shall be sold, whether on sealed bids or at public
auction, to the bidder whose bid reflects the lowest effective borrowing cost to the Department
of Agriculture and Industries on the series of bonds being sold; provided, that if no bid
acceptable to the commissioner is received, he or she may reject all bids. Summary notice
of each such sale shall be given by publication in either a financial journal or a financial
newspaper published in the City of New York, New York, and also by publication in a newspaper
published in the State of Alabama which is customarily published not less often than three
days during each calendar week, each of which notices must be published at...
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4-3-14
Section 4-3-14 Issuance and sale of bonds by authority; form, denominations, terms,
etc., of bonds. 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, city or town within the state, or a charge against
the credit or taxing powers of the state or of any county, city or town 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 payable in such installments and at...
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41-10-756
Section 41-10-756 Refunding bonds. (a) Any bonds issued by the authority may from time
to time be refunded by the issuance, sale, or exchange of refunding bonds for the purpose
of paying the following items: (1) All or any part of the principal of the bonds to be refunded.
(2) Any redemption premium required to be paid as a condition to the redemption prior to maturity
of any such bonds that are to be so redeemed in connection with such refunding. (3) Any accrued
and unpaid interest on the bonds to be refunded. (4) Any interest to accrue on each bond to
be refunded to the date on which it is to be paid, whether at maturity or by redemption prior
to maturity. (5) The expenses incurred in connection with the refunding. (b) Refunding bonds
of the authority may be sold, in the discretion of the authority, either (1) at public sale
or sales, based on sealed bids received either electronically or on paper, after advertisement
as may be prescribed by the authority, to the bidder whose bid...
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2-6-113
Section 2-6-113 Sale of bonds. Bonds may be sold by the corporation in series, and if
sold in more than one series may all be authorized in one initial resolution of the board
of directors with the pledges made in such initial resolution, although some of the details
applicable to each series may be specified in the respective resolutions under which the different
series are issued. Each series of the bonds may be sold at public or private sale, as determined
by the corporation, at such price or prices as the corporation shall determine, and, if sold
at public sale either on sealed bids or at public auction, on a basis determined by the corporation
to enable it to effect the sale of the bonds being sold at the lowest effective borrowing
cost to the corporation; provided, that if in the event of public sale of the bonds no bid
acceptable to the corporation is received it may reject all bids. Notice of each public sale
or summary notice of sale or both shall be given by publication in...
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14-2-19
Section 14-2-19 Bonds - Disposition of proceeds. (a) All proceeds derived from the sale
of any bonds, except refunding bonds, sold by the authority, remaining after payment of the
expenses of issuance thereof, shall be turned over to the State Treasurer, shall be carried
in a special account to the credit of the authority, and shall be subject to be drawn on by
the authority solely for the purposes of: (1) Acquiring land for and constructing, reconstructing
and equipping thereon one or more facilities; (2) Constructing additional improvements on
property currently owned by the Department of Corrections or the authority in order to provide
for additional bedspace; (3) Paying all reasonable and necessary expenses incidental thereto,
including filing, recording, surveying, legal and engineering fees and expenses; (4) Paying
the interest which will accrue on the said bonds during the period required for the construction
and equipment of the said facilities and for a period not exceeding...
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