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11-101A-15
Section 11-101A-15 Use of proceeds. (a) The principal proceeds derived from any borrowing made
by an authority shall be used solely for the purpose or purposes for which the borrowing was
authorized to be made. If any securities are issued for the purpose of financing costs of
acquiring, constructing, improving, enlarging, and equipping a project, those costs shall
be deemed to include the following: (1) The cost of any land forming a part of the project.
(2) The cost of the labor, materials, and supplies used in any construction, improvement,
or enlargement, including architectural and engineering fees and the cost of preparing contract
documents advertising for bids. (3) The purchase price of, and the cost of installing, equipment
for the project. (4) The cost of landscaping the lands forming a part of the project and of
constructing and installing roads, sidewalks, curbs, gutters, utilities, and parking facilities
in connection therewith. (5) Legal, accounting, publishing, printing,...
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11-47-225
Section 11-47-225 Use of proceeds of borrowing; application of any portion of proceeds not
needed for original purposes. (a) The principal proceeds derived from any borrowing made by
an authority shall be used solely for the purpose or purposes for which the borrowing was
authorized. If any bonds are issued for the purpose of financing costs of acquiring, constructing,
improving, enlarging, and equipping a project, the costs shall be deemed to include the following:
(1) The cost of any land forming a part of the project. (2) The cost of the labor, materials,
and supplies used in the construction, improvement, or enlargement, including architectural
and engineering fees and the cost of preparing contract documents and advertising for bids.
(3) The purchase price of, and the cost of installing, equipment for the project. (4) The
cost of landscaping the lands forming a part of the project and of constructing and installing
roads, sidewalks, curbs, gutters, utilities, and parking places in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-225.htm - 4K - Match Info - Similar pages
21-1-80
Section 21-1-80 Contracts for sale, etc., of tangible personal property or standing timber
of institute by public auction or sealed bid, advertisement of sale; manner of taking bids
and awarding contract. All contracts of whatever nature for the sale or disposal of tangible
personal property or standing timber owned by the Alabama Institute for Deaf and Blind shall
be let by free and open competitive public auction or sealed bids by the Alabama Institute
for Deaf and Blind. Every proposal to make a sale covered by this article shall be advertised
for at least two weeks in advance of the date fixed for receiving the bids. Such advertisement
shall appear at least once a week for two consecutive weeks in a newspaper of general circulation
in the county where the sale is to be made, and a copy of such proposal shall simultaneously
be posted on a readily accessible public bulletin board at the main office of the president
of the Alabama Institute for Deaf and Blind and a public bulletin...
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22-21-324
Section 22-21-324 Use of proceeds. (a) The principal proceeds derived from any borrowing made
by an authority shall be used solely for the purpose or purposes for which such borrowing
was authorized to be made. If any securities are issued for the purpose of financing costs
of acquiring, constructing, improving, enlarging and equipping health care facilities, such
costs shall be deemed to include the following: (1) The cost of any land forming a part of
such health care facilities; (2) The cost of the labor, materials and supplies used in any
such construction, improvement or enlargement, including architectural and engineering fees
and the cost of preparing contract documents advertising for bids; (3) The purchase price
of, and the cost of installing, equipment for such health care facilities; (4) The cost of
landscaping the lands forming a part of such health care facilities and of constructing and
installing roads, sidewalks, curbs, gutters, utilities and parking places in...
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33-2-8
Section 33-2-8 General provisions relative to inland waterways improvement bonds and temporary
loans. In order to provide funds for the purposes herein authorized, the Governor is hereby
empowered to execute, with the concurrence of the director of state docks, and to sell the
state's bonds in such amounts, not exceeding in the aggregate the sum of $3,000,000.00 as
may be necessary for said purposes, all under and subject to the following provisions: Said
bonds shall be appropriately designated as inland waterways improvement bonds of the state.
The bonds may be issued from time to time in one or more series and the bonds of each series
shall be payable in substantially equal annual installments of principal and interest at such
times as may be designated by the State Docks Department with approval of the Governor; provided,
that the first installment of principal of the bonds of each series must mature not later
than 10 years from the date of such series and the last installment of...
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41-16A-4
Section 41-16A-4 Authorization to utilize alternative financing contracts; scope of contracts.
In addition to and not as a limitation upon other powers and authority, any governmental entity
shall have the power and authority to execute, perform, and authorize payments under any alternative
financing contract relating to any eligible property deemed by such governmental entity to
be necessary, useful, or appropriate to one or more lawful purposes of such governmental entity.
Any alternative financing contract may provide financing or a source of funds for any or all
costs of acquiring (by lease, purchase, lease-purchase, or otherwise), installing, equipping,
and/or improving any eligible property and for any or all associated costs, fees, and expenses
(including, without limitation, finance charges). (Acts 1993, No. 93-261, p. 389, §4.)...
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9-16-83
Section 9-16-83 Permits - Contents of application; reclamation plan; copy of application filed
for public inspection; insurance; blasting plan. (a) Each application for a surface coal mining
reclamation permit under this article shall be accompanied by a fee as determined by the regulatory
authority, but not to exceed the anticipated cost of reviewing, administering, and enforcing
the permit. In no event shall the permit fee be less than one thousand dollars ($1,000). The
regulatory authority shall develop procedures to enable the cost of the fee to be paid over
the life of the mine. The life of the mine means the term of the permit and the time required
to successfully complete all surface coal mining and reclamation activities and obtain a full
release of the performance bond for each bonded area. (b) The permit application shall be
submitted in a format prescribed by and satisfactory to the regulatory authority and shall
contain, among other things, all of the following: (1) The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-16-83.htm - 13K - Match Info - Similar pages
11-54-56
Section 11-54-56 Bonds - Disposition of proceeds from sale. (a) The proceeds derived from the
sale of any bonds issued under authority of this article, other than refunding bonds, shall
be used only to pay the cost of acquiring, constructing, improving, enlarging, equipping and
furnishing one or more projects as may be provided in the proceedings in which the bonds are
authorized to be issued. (b) Such cost shall be deemed to include the following: (1) The cost
of acquiring any land forming a part of the project; (2) The cost of the labor, materials
and supplies used in any such construction, improvement or enlargement, including architect's
and engineer's fees and the cost of preparing contract documents; (3) The purchase price of
and the cost of installing equipment, furniture and furnishings for the project; (4) The cost
of landscaping the lands forming a part of the project and of constructing and installing
roads, sidewalks, curbs, gutters, utilities and parking facilities in...
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23-1-432
Section 23-1-432 (This section terminates April 26, 2018, if no revenue is created.) Use of
funds by department; reporting requirements. (a) The monies allocated to the department from
the fund shall at all times be segregated and kept separate from other federal or state road
and bridge funds allocated to the department. Monies from the fund shall only be expended
for the maintenance, improvement, replacement, and construction of roads and bridges within
the state, including the payment of any debt associated with a road or bridge project or as
matching funds for any federally-funded road or bridge projects. The department shall not
use monies from the fund for any of the following purposes except in accordance with generally
accepted accounting principles for job cost accounting or federal cost allocation regulations:
(1) Salaries, benefits, or any other form of compensation for state or contract employees.
(2) The purchase, lease, or maintenance of equipment. (3) The maintenance or...
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39-2-8
Section 39-2-8 Execution of contracts and furnishing of performance bonds, etc., generally
by bidders awarded contracts. The bidder to whom the award is made shall, when required, enter
into a written contract on the form included in the proposal, plans, and specifications, furnish
a performance bond and payment bond executed by a surety company duly authorized and qualified
to make such bonds in the State of Alabama in the amount required by subsection (a) of Section
39-1-1 and provide evidence of insurance as required by the bid documents within the period
specified or, if no period is specified, within 15 days after the prescribed forms have been
presented to him or her for signature. If extenuating circumstances prevail, the awarding
authority may grant an extension in time not exceeding five days for the return of the contract,
required bonds and required evidence of insurance. (Acts 1947, No. 492, p. 338, §7; Acts
1997, No. 97-225, p. 348, §1.)...
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