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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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45-16A-20.01
Section 45-16A-20.01 Authority to operate cable, telecommunications, etc., systems. In addition
to all other power, rights, and authority heretofore granted by law, the City of Elba in Coffee
County and municipal instrumentalities of the City of Elba may acquire, establish, purchase,
construct, maintain, enlarge, extend, lease, improve, and operate cable systems, telecommunications
equipment and telecommunications systems, and furnish cable service, interactive computer
service, and Internet access and other Internet services and telecommunications service, or
any combination thereof, to the inhabitants of the municipality and surrounding territory.
Notwithstanding any other provision of this article, the City of Elba in Coffee County and
municipal instrumentalities of the City of Elba may furnish to the inhabitants of the City
of Elba and surrounding territory: Internet access and other Internet services; meter reading
services; appliance, equipment, or facilities monitoring; alarm...
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14-2-26
Section 14-2-26 Kilby property - Sale or lease by authority. (a) The authority shall have the
power to sell, convey and lease all or any part of the Kilby property and, as an aid to such
sale or lease, to cause to be prepared by competent real estate experts a land use map and
plan. No such sale or lease shall be made, however, except at public offering, on sealed bids
or at auction, and upon such published notice as the authority shall determine to be necessary
or desirable in order to attract the greatest interest from prospective bidders. Notice of
any public sale or lease shall, in any event, be given by publication in at least three newspapers
of general circulation published in the state at least three times, the first notice to be
published not less than 60 days before the date of such public offering, the second notice
to be published not less than 30 days nor more than 40 days before such public offering and
the third notice to be published not less than 10 days nor more than...
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14-2-29
Section 14-2-29 Facilities - Leasing - State or agency thereof. (a) The authority is hereby
authorized to enter into a lease or leases of any one or more facilities constructed, acquired,
reconstructed, renovated or improved by the authority under the provisions of this chapter
to and with the department and any other agency, board, commission, bureau or department of
the state which may be charged with the responsibility for the operation of any of the penal
or correctional institutions of the state. The department and any such other agency, board,
commission, bureau or department of the state and each of them are hereby authorized to lease
any such facilities from the authority. No such lease shall, however, be for a term longer
than the then current fiscal year of the state, but any such lease may contain a grant to
the state or its agency of successive options of renewing said lease on the terms specified
therein for any subsequent fiscal year or years of the state; provided, that...
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16-18-15
Section 16-18-15 Cooperation; aid from other public bodies. For the purpose of securing ancillary
improvements in connection with educational institutions or aiding or cooperating with the
authority in the planning, development, undertaking, construction, extension, improvement,
operation or protection of ancillary improvements in connection with educational institutions,
any county, municipality or other political subdivision, public corporation, agency or instrumentality
of this state may, upon such terms and with or without consideration, as it may determine:
(1) Lend or donate money to, or perform services for the benefit of the authority; (2) Donate,
sell, convey, transfer, lease or grant to the authority, without the necessity of authorization
at any election of qualified voters, any property of any kind, including but without limitation,
any ancillary improvements or part thereof, and any interest in any thereof; and (3) Do any
and all things, whether or not specifically...
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24-1-38
Section 24-1-38 Remedies conferrable upon obligees of authority by trust indenture, mortgage,
etc. Any authority shall have power by its trust indenture, mortgage, lease, or other contract
to confer upon any obligee holding, or representing, a specified amount in bonds, lease, or
other obligations, the right upon the happening of an "event of default" as defined
in such instrument: (1) By civil action in any court of competent jurisdiction to obtain the
appointment of a receiver of any housing project of the authority, or any part or parts thereof.
If such receiver be appointed, he may enter and take possession of such housing project or
any part or parts thereof, and operate and maintain same, and collect and receive all fees,
rents, revenues, or other charges thereafter arising therefrom in the same manner as the authority
itself might do and shall keep such moneys in a separate account or accounts and apply the
same in accordance with the obligations of the authority as the court...
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24-1-76
Section 24-1-76 Remedies conferrable upon obligees of authority by trust indenture, mortgage,
etc. Any authority shall have power by its trust indenture, mortgage, lease, or other contract
to confer upon any obligee holding or representing, a specified amount in bonds, lease, or
other obligations, the right upon the happening of an "event of default," as defined
in such instrument: (1) By civil action in any court of competent jurisdiction to obtain the
appointment of a receiver of any housing project of the authority, or any part or parts thereof.
If such receiver be appointed, he may enter and take possession of such housing project, or
any part or parts thereof, and operate and maintain same, and collect and receive all fees,
rents, revenues, or other charges thereafter arising therefrom in the same manner as the authority
itself might do and shall keep such moneys in a separate account or accounts and apply the
same in accordance with the obligations of the authority as the court...
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41-10-508
Section 41-10-508 Security. The principal of, premium, if any, and interest on the bonds of
the authority shall be secured by any or all of the following, as the authority may determine:
(1) The rent and revenues from the lease or use of one or more facilities of the authority;
(2) The proceeds from any sale of any facilities of the authority; (3) Any bond proceeds remaining
unexpended upon completion of all facilities to be constructed with such bond proceeds and
the payment of the cost thereof; (4) Any insurance proceeds which the authority may receive
by reason of its ownership of any of the facilities; and (5) Any mortgage upon or security
interest in one or more facilities of the authority, granted in connection with the issuance
of such bonds. The authority shall have authority to transfer and assign any lease or mortgage
of any of its facilities as security for the payment of such principal, premium, if any, and
interest. The bonds may be issued under, and secured by, a...
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41-10-318
Section 41-10-318 Security for bonds. The principal of, premium, if any, and interest on the
bonds of the authority shall be secured by any or all of the following, as the authority may
determine: (1) The rent and revenues from the lease or use of one or more facilities of the
authority; (2) The proceeds from any sale of any facilities of the authority; (3) Any bond
proceeds remaining unexpended upon completion of all facilities to be constructed with such
bond proceeds and the payment of the cost thereof; (4) Any insurance proceeds which the authority
may receive by reason of its ownership of any of the facilities; and (5) Any mortgage upon
or security interest in one or more facilities of the authority, granted in connection with
the issuance of such bonds. The authority shall have authority to transfer and assign any
lease or mortgage of any of its facilities as security for the payment of such principal,
premium, if any, and interest. The bonds may be issued under, and secured by,...
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45-36-252
Section 45-36-252 Definitions. When used in this part, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise.
(1) AUTHORITY. The Jackson County Water Authority, a public corporation organized pursuant
to this part. (2) BOARD. The Board of Directors of the Jackson County Water Authority. (3)
BONDS. Bonds, notes, and certificates representing an obligation to pay money. (4) COUNTY.
Jackson County. (5) DIRECTOR. A member of the Board of Directors of the Jackson County Water
Authority. (6) GARBAGE PICK UP AND DISPOSAL. All services involved in the pick up and disposal
of garbage from residents, businesses, and factories. (7) INCORPORATORS. The persons forming
a public corporation organized pursuant to this part. (8) MUNICIPALITY. An incorporated city
or town of Jackson County. (9) NEW TERRITORY. Any territory added, by amendment to the certificate
of incorporation of an authority, to the area or areas in which that...
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