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23-2-147
Section 23-2-147 Bonds; issuance; forms; procedures, etc. (a) The authority is hereby authorized
to provide by resolution for the issuance of bonds of the authority for any of its corporate
purposes, including the refunding of its bonds. The principal of and the interest on any issue
of such bonds shall be payable solely from, and be secured by a pledge of, tolls and other
revenues of all or any part of the toll road, bridge, or tunnel project financed in whole
or in part with the proceeds of such issue or with the proceeds of bonds refunded or to be
refunded by such issue. The proceeds of any such bonds may be used or pledged for the payment
or security of the principal or of the interest on bonds, and for the establishment of any
or all reserves for such payment or security, or for other corporate purposes as the authority
may authorize in the resolution authorizing the issuance of bonds or in the trust agreement
securing the same. (b) The bonds of each issue shall be dated; shall...
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24-1-22
of this article. (6) GOVERNMENT. Such term shall include the state and federal governments
and any subdivision, agency, or instrumentality, corporate or otherwise, of either of them.
(7) STATE. The State of Alabama. (8) FEDERAL GOVERNMENT. Such term shall include the United
States of America, the federal Secretary of Housing and Urban Development or any agency, instrumentality,
corporate or otherwise, of the United States of America. (9) HOUSING PROJECT. Such term shall
include all real and personal property, buildings and improvements, stores, offices,
public school buildings, lands for farming and gardening and community facilities acquired
or constructed or to be acquired or constructed pursuant to a single plan of undertaking to
demolish, clear, remove, alter or repair unsanitary or unsafe housing or to provide dwelling
accommodations at rentals within the means of persons of low income. This term may also be
applied to the planning of the buildings and improvements, the...
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24-1-61
of this article. (5) GOVERNMENT. Such term shall include the state and federal governments
and any subdivision, agency, or instrumentality, corporate or otherwise, of either of them.
(6) STATE. The State of Alabama. (7) FEDERAL GOVERNMENT. Such term shall include the United
States of America, the federal Secretary of Housing and Urban Development or any agency, instrumentality,
corporate or otherwise, of the United States of America. (8) HOUSING PROJECT. Such term shall
include all real and personal property, buildings and improvements, stores, offices,
public school buildings, lands for farming and gardening, and community facilities acquired
or constructed, or to be acquired or constructed, pursuant to a single plan of undertaking
to demolish, clear, remove, alter, or repair unsanitary or unsafe housing or to provide urban
or rural dwelling accommodations at rentals within the means of persons of low income. The
term "housing project" may also be applied to the planning of the...
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33-15-6
loans, grants or other assistance from federal, state and local governments or from agencies
of such governments, and make contracts and execute instruments containing such terms, provisions
and conditions as the board in its discretion deems to be necessary, proper or advisable for
the purpose of obtaining such loans, grants or other assistance. (3) LAND ACQUISITION. The
authority may acquire by purchase, construction, lease, gift, condemnation or otherwise property
of any kind, real, personal or mixed, or any interest therein, that the board deems
necessary or convenient to the exercise of its powers or functions; provided, that acquisition
by condemnation shall be limited to lands, rights in land, including leaseholds and easements,
and water rights in the Bear Creek Watershed that the board determines to be necessary to
the control and optimum development of Bear Creek and its tributaries, including such lands
adjacent to or in the immediate vicinity of water control...
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5-5A-18
Corporations formed for the purpose of doing business as a bank may: (1) Discount bills, notes
or other evidences of debt; (2) Receive and pay out deposits, with or without interest, pay
checks, and impose charges for any services; (3) Receive on special deposit money, bullion
or foreign coins or bonds or other securities; (4) Buy and sell foreign and domestic exchanges,
gold and silver bullion or foreign coins, bonds, bills of exchange, notes and other negotiable
paper; (5) Lend money on personal security or upon pledges of bonds, stocks or other
negotiable securities; (6) Take and receive security by mortgage, security agreement or otherwise
on property, real and personal; (7) Become trustees for any purpose and be appointed
and act as executors, administrators, guardians, receivers, or fiduciaries upon receiving
the prior written approval of the superintendent under Section 5-11A-1; (8) Lease real and
personal property upon specific request of a customer, provided such banks must...
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16-65-6
Section 16-65-6 Bonds generally. (a) Issuance of bonds. The authority is authorized and empowered
to issue its bonds from time to time for the purpose of making equipment loans to finance
equipment costs incurred or to be incurred by educational institutions. Such bonds may be
in such aggregate principal amount as the board of directors shall determine to be necessary
to pay the equipment costs included in such financing. The authority may pay from the proceeds
of the sale of its bonds all expenses, including publication and printing charges, attorneys'
fees, financial advisory fees, and other expenses which the board of directors may deem necessary
or advantageous in connection with the authorization, advertisement, sale, execution, and
issuance of its bonds or the making of equipment loans from the proceeds thereof. (b) Source
of payment. All bonds issued by the authority shall be limited obligations of the authority
payable solely from any combination of the following: (1) The...
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23-2-144
Except for the state and any political subdivision thereof, the other entities listed above
may issue bonds for the purpose of financing the costs of any funds or property provided to
the authority of a project. (7) To fix and revise, from time to time, charge, and collect
tolls for transit over or through toll road, bridge, and tunnel projects constructed by it
or on its behalf. (8) To establish rules and regulations for the use of any project. (9) To
acquire, hold, and dispose of real and personal property. (10) To acquire in the name
of the authority, by purchase or otherwise, on the terms and conditions and in a manner as
it may deem proper, or by condemnation in accordance with the provisions of Title 18, and
other provisions of law, insofar as the same may be applicable, any land and other property
or any easement or interest therein, which it may determine is reasonably necessary for any
toll road, bridge, or tunnel project or for its protection and preservation, or for the...
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9-10A-14
Section 9-10A-14 Powers of board. The board of directors of a watershed management authority
shall have power to: (1) Acquire, by purchase, gift, grant, bequest or devise, or through
condemnation proceedings held in the manner provided by Chapter 1A of Title 18, such lands
or rights-of-way as are necessary for the exercise of any authorized function of the authority.
Prior to commencing condemnation proceedings upon land or rights-of-way in the manner provided
by Chapter 1A of Title 18, the board of directors of a watershed management authority shall
conduct a public hearing regarding the commencement of said condemnation proceedings. The
board of directors, prior to the public hearing shall publish notice of the public hearing
at least twice, with an interval of at least seven days between the two publication dates,
in a newspaper or other publication of general circulation within the county or counties where
the land or right-of-way is situated. If no such publication of general...
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2-6-70
Section 2-6-70 Definitions. As used in this article, the following words shall have the following
meanings unless the context clearly requires otherwise: (1) AGRICULTURAL CENTER BOARD. The
board of that name established pursuant to Article 2 of this chapter. (2) AGRICULTURAL FUND.
The fund of that name created and administered pursuant to Article 1, Chapter 9, Title 2.
(3) BOARD OF AGRICULTURE AND INDUSTRIES. The Alabama Board of Agriculture and Industries created
pursuant to Section 2-3-1. (4) BUILDING COMMISSION. The Building Commission created under
Article 6, Chapter 9, Title 41, and any successor agency thereto. (5) COLISEUM. The existing
Garrett Coliseum and the grounds and other buildings and structures associated therewith,
all owned by the Agricultural Center Board and located in the City of Montgomery, Alabama.
(6) CORPORATION. The public corporation authorized to be created by this article. (7) ELIGIBLE
INVESTMENTS. (i) Any time deposit with, or any certificate of deposit...
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41-9-472
Section 41-9-472 Powers and duties. The commission shall be authorized: (1) To investigate
and select an available site for housing the exhibits, including the surrounding grounds,
in cooperation with the community, taking into consideration all pertinent factors affecting
the suitability of such site; (2) To acquire by rent or lease agreement or otherwise the necessary
housing facilities; and to establish, improve and enlarge the available facility, including
providing it with necessary equipment, furnishings, landscaping and related facilities, including
parking areas and ramps, roadways, sewers, curbs, and gutters; (3) To enter into such contracts
and cooperative agreements with local, state and federal governments, with agencies of such
governments, with private individuals, corporations, associations and other organizations
as the commission may deem necessary or convenient to carry out the purpose of this article,
with such contracts and agreements to include leases to private...
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