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14-2-30
Section 14-2-30 Facilities - Leasing - County, municipal corporation, agency of federal government,
etc. If at any time any facility constructed by the authority is, or is about to be, vacant
or unused as a result of there being no lease for such facility in effect for the current
fiscal year, then, but only in such event, in order to prevent default on its bonds, the authority
is hereby authorized to lease such facility to any other agency, department, bureau or commission
of the state, any municipal corporation, public corporation, county, or other public body
in the state, or any agency of the federal government other than the original lessee of said
facility. Any such lease shall not be for the purpose of lending public credit but shall be
solely to avoid default on the authority's bonds and to insure the prompt payment of the principal
thereof and interest thereon when due. (Acts 1965, No. 678, p. 1226, §25; Acts 1985, 1st
Ex. Sess., No. 85-125, p. 187, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-2-30.htm - 1K - Match Info - Similar pages
41-10-325
Section 41-10-325 Lease of vacant facilities to prevent default on bonds. If at any time any
facility constructed or acquired by the authority is, or is about to be, vacant or unused
as a result of there being no lease for such facility in effect for the current fiscal year,
then, but only in such event, in order to prevent default on its bonds, the authority is hereby
authorized to lease such facility to any other agency, department, bureau or commission of
the state, any municipal corporation, public corporation, county, or other public body in
the state, or any agency of the federal government. Any such lease shall not be for the purpose
of lending public credit but shall be solely to avoid default on the authority's bonds and
to insure the prompt payment of the principal thereof and interest thereon when due. (Acts
1986, No. 86-546, p. 1093, §26.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-325.htm - 1K - Match Info - Similar pages
37-11A-1
by the Governor, or upon its otherwise becoming a law, and when the State of Mississippi ratifies
the compact. Article III. For purposes of this compact, the following terms shall have the
following meanings: (1) Person means an individual, a corporation, a partnership, or any other
entity. (2) Railroad means a common carrier by railroad as defined in Section 1(3) of Part
I of the Interstate Commerce Act [codified as 49 U.S.C. §1(3)]. (3) Railroad properties and
facilities mean any real or personal property or interest in property which is owned,
leased, or otherwise controlled by a railroad or other person, including, without limitation,
the authority, and which are used or are useful in rail transportation service, including,
without limiting the generality of the foregoing: a. Track, roadbed, and related structures,
including rail, ties, ballast, other track materials, grading, tunnels, bridges, trestles,
culverts, elevated structures, stations, office buildings used for operating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
41-10-515
Section 41-10-515 Leasing to county, municipal corporation, agency of federal government, etc.
If at any time any facility constructed or acquired by the authority is, or is about to be,
vacant or unused as a result of there being no lease for such facility in effect for the current
fiscal year, then, but only in such event, in order to prevent default on its bonds, the authority
is hereby authorized to lease such facility to any other agency, department, bureau or commission
of the state, any municipal corporation, public corporation, county, or other public body
in the state, or any agency of the federal government, and lastly, and in no other order of
priority, to a private person, firm or corporation. Any such lease shall not be for the purpose
of lending public credit but shall be solely to avoid default on the authority's bonds and
to insure the prompt payment of the principal thereof and interest thereon when due. (Acts
1990, No. 90-603, p. 1094, §26.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-515.htm - 1K - Match Info - Similar pages
45-39A-11.04
the power to do all of the following: (1) Sue and be sued. (2) Acquire property and rights
and interests in property by gift, lease, or purchase or by the exercise of eminent domain.
(3) Have a seal and alter the same at pleasure. (4) Appoint officers, agents, employees, and
attorneys, and to fix their compensation. (5) Make bylaws for the management and regulation
of its affairs. (6) Make contracts, and to execute all instruments necessary or convenient
to lease or purchase and own real or personal property to be used for the furtherance
of the purposes for the accomplishment of which the Authority is created. (7) Arrange, sponsor,
and conduct programs and exhibits in the civic center for the advancement of the cultural,
civic, and scientific interests and welfare of the citizens of the county and of the municipalities
thereof and for the advancement of the humanities. (8) Promote, sponsor, and operate in the
civic center exhibitions and recreational activities. (9) Charge fees for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.04.htm - 5K - Match Info - Similar pages
11-54A-9
prosecute and defend civil actions in any court having jurisdiction of the subject matter and
of the parties. (3) To adopt and make use of a corporate seal and to alter the same at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may deem
necessary in connection therewith, regardless of whether or not any such projects shall then
be in existence. (6) To lease to others any or all of its projects and to charge and collect
rent therefor, and to terminate any such lease upon the failure of the lessee to comply with
any of the obligations thereof. (7) To sell, exchange, donate, or convey and to grant options
to any lessee to acquire any of its projects and any or all of its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54A-9.htm - 8K - Match Info - Similar pages
11-92B-10
to hold, keep, improve, maintain, and impose restrictive covenants and land use controls, to
engage in environmental remediation and restoration efforts as required under applicable agreements
with the United States Department of Defense, to equip, furnish, develop, and to transfer,
convey, donate, sell, lease, grant options to, assign, encumber with easements and mortgages
and other security agreements, or otherwise convey or dispose of property of every kind and
character, real, personal, mixed, tangible, and intangible, and any interest therein,
to any person, with the authority receiving adequate consideration, as solely determined by
the authority upon the authority's consideration of tangible and intangible factors in determining
if adequate consideration is to be received by the authority. (5) To make, enter into, and
execute such contracts, agreements, cooperative agreements, leases, loan agreements, orders,
mortgages, deeds, and other legal arrangements and to take...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92B-10.htm - 7K - Match Info - Similar pages
11-92C-8
in Chapter 93 of this title for the purpose of limiting the damages for which the authority
may be liable. (3) To adopt and make use of a corporate seal and to alter the seal at its
pleasure. (4) To adopt and alter bylaws for the regulation and conduct of its affairs and
business. (5) To acquire, whether by purchase, construction, exchange, gift, lease, or otherwise,
and to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more
projects, including all real and personal properties which the board of the authority
may deem necessary in connection therewith, regardless of whether or not the projects shall
then be in existence. (6) To lease to others any or all of its projects and to share and collect
rent thereof, and to terminate any lease upon the failure of the lessee to comply with any
of the obligations thereof. (7) To sell, exchange, donate, or convey and to grant options
to any lessee to acquire any of its projects and any or all of its properties if...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92C-8.htm - 12K - Match Info - Similar pages
45-23A-91.08
prosecute and defend civil actions in any court having jurisdiction of the subject matter and
of the parties. (3) To adopt and make use of a corporate seal and to alter the same at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may deem
necessary in connection therewith, regardless of whether or not any such projects shall then
be in existence. (6) To lease to others any or all of its projects and to charge and collect
rent therefor, and to terminate any such lease upon the failure of the lessee to comply with
any of the obligations thereof. (7) To sell, exchange, donate, or convey and to grant options
to any lessee to acquire any of its projects and any or all of its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23A-91.08.htm - 9K - Match Info - Similar pages
45-27A-31.08
prosecute and defend civil actions in any court having jurisdiction of the subject matter and
of the parties. (3) To adopt and make use of a corporate seal and to alter the same at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may deem
necessary in connection therewith, regardless of whether or not any such projects shall then
be in existence. (6) To lease to others any or all of its projects and to charge and collect
rent therefor, and to terminate any such lease upon the failure of the lessee to comply with
any of the obligations thereof. (7) To sell, exchange, donate, or convey and to grant options
to any lessee to acquire any of its projects and any or all of its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27A-31.08.htm - 7K - Match Info - Similar pages
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