11-54B-49
Section 11-54B-49 Amendment of the self-help business improvement district ordinance. (a) The governing body of the municipality may amend an ordinance relating to the self-help business improvement district upon the written request of a representative group of the owners of the nonexempt real property located within the geographical area of the district. The request shall specify the desired amendment or amendments which should be made by the governing body of the municipality to the self-help business improvement district ordinance. The request shall also include the signatures of the owners of the nonexempt real property comprising at least 60 percent of the total fair market value of all real property located in the district, or the owners of at least 50 percent of the parcels of property located within the district; or, alternatively with respect to a district funded by assessments against a particular class of businesses, the signatures of the owners of businesses, consistent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54B-49.htm - 5K - Match Info - Similar pages
11-54B-5
Section 11-54B-5 Requirements of request for creation of self-help business improvement district. A request for the creation of a self-help business improvement district must contain the following: (a) The signatures of a representative group of the owners of the real property located within the geographical area of the proposed district. The group must include the signatures of the owners of real property which comprises at least two-thirds of the total fair market value of all real property located in the proposed district. Ownership of real property and the fair market value thereof shall be determined by the county property tax assessment records. When record title to real property is vested in a public corporation or authority under a bond financing plan provided for by statute, the beneficial user of the real property in which title may ultimately be vested by purchase shall be deemed the owner of such real property for purposes of this article. (b) An accurate description,...
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11-56-4
Section 11-56-4 Certificate of incorporation - Contents; approval by governing body. (a) The certificate of incorporation of the corporation shall state: (1) The names of the persons forming the corporation, together with the residence of each thereof, and a statement that each of them is a duly qualified elector of and property owner in the municipality; (2) The name of the corporation (which shall be "The Public Building Authority of the City (or Town) of _____" or some other name of similar import); (3) The location of its principal office, which shall be in the municipality; (4) The number of directors (which shall be three or a multiple of three); and (5) Any other matters relating to the corporation that the incorporators may choose to insert and that is not inconsistent with this chapter or with the laws of the state. (b) The form and contents of the certificate of incorporation must be submitted to the governing body for its approval, which shall be evidenced by a resolution...
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11-61A-4
Section 11-61A-4 Certificate of incorporation. The certificate of incorporation of the authority shall state all of the following: (1) The name of each person forming the authority, the residence of each person, a statement that each person is a duly qualified elector of the municipality, and a statement that each is the owner of property in the municipality. (2) The name of the authority (which shall include the words "Parking Authority"). (3) The duration that the authority will exist. If the duration is to be perpetual, that fact shall be stated. (4) The name of the municipality authorizing the incorporation of the authority and the date the authorization was granted. (5) The proposed location of the principal office of the authority, which shall be within the boundaries of the municipality. (6) Any other matters that are not inconsistent with this chapter or other laws of the state that the authority chooses to insert. (Acts 1994, No. 94-254, p. 470, ยง4.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-61A-4.htm - 1K - Match Info - Similar pages
18-4-18
Section 18-4-18 Interest in improvements on acquired real property. (a) To the greatest extent practicable, where an interest in real property is acquired, an equal interest in all buildings, structures, or other improvements located upon the real property so acquired and which is required to be removed from the real property which is determined to be adversely affected by the use to which the real property will be put shall be acquired. (b) For the purpose of determining the just compensation to be paid for any building, structure, or other improvement required to be acquired as above set forth, the building, structure, or other improvement shall be deemed to be a part of real property to be acquired notwithstanding the right or obligation of a tenant, as against the owner of any other interest in the real property, to remove the building, structure, or improvement at the expiration of his or her term, and the fair market value which the building, structure, or improvement contributes...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/18-4-18.htm - 2K - Match Info - Similar pages
36-25-1
Section 36-25-1 Definitions. Whenever used in this chapter, the following words and terms shall have the following meanings: (1) BUSINESS. Any corporation, partnership, proprietorship, firm, enterprise, franchise, association, organization, self-employed individual, or any other legal entity. (2) BUSINESS WITH WHICH THE PERSON IS ASSOCIATED. Any business of which the person or a member of his or her family is an officer, owner, partner, board of director member, employee, or holder of more than five percent of the fair market value of the business. (3) CANDIDATE. This term as used in this chapter shall have the same meaning ascribed to it in Section 17-5-2. (4) COMMISSION. The State Ethics Commission. (5) COMPLAINT. Written allegation or allegations that a violation of this chapter has occurred. (6) COMPLAINANT. A person who alleges a violation or violations of this chapter by filing a complaint against a respondent. (7) CONFIDENTIAL INFORMATION. A complaint filed pursuant to this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-25-1.htm - 21K - Match Info - Similar pages
4-3-3
Section 4-3-3 Contents of certificate of incorporation. The certificate of incorporation of the authority shall state: (1) The names of the persons forming the authority, together with the residence of each thereof, and a statement that each of them is a duly qualified elector of and owner of property in the state; (2) The name of the authority (which name shall include the words "airport authority"); (3) The period for the duration of the authority (if the duration is to be perpetual, that fact shall be so stated); (4) The name of each of the authorizing subdivisions, together with the date on which the governing body thereof adopted a resolution authorizing the incorporation of the authority; (5) The proposed location of the principal office of the authority, which shall be in this state; and (6) Any other matters relating to the authority that the incorporators may choose to insert and that are not inconsistent with this article or with the laws of the state. (Acts 1963, No. 265, p....
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4-3-42
Section 4-3-42 Certificate of incorporation - Contents. The certificate of incorporation of the authority shall state: (1) The names of the persons forming the authority, together with the residence of each thereof, and a statement that each of them is a duly qualified elector of and owner of property in the state; (2) The name of the authority (which shall include the words "airport authority" or "airport and industrial authority"); (3) The period for the duration of the authority (if the duration is to be perpetual, that fact shall be so stated); (4) The name of each of the authorizing subdivisions, together with the date on which the governing body thereof adopted a resolution authorizing the incorporation of the authority; (5) The proposed location of the principal office of the authority, which shall be in this state; and (6) Any other matters relating to the authority that the incorporators may choose to insert and that is not inconsistent with this article or with the laws of...
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40-3-19
Section 40-3-19 Meetings - Hearing objections to valuations. For the purpose of hearing objections filed in writing to any assessments or valuations fixed as provided for herein, the boards of equalization shall sit at the courthouse in their respective counties on the date specified by the Department of Revenue in each year, and shall continue as long as may be necessary; provided, that the sitting shall not be extended beyond the second Monday in July, unless otherwise ordered by the Department of Revenue, to dispose of all cases where objections to valuations or assessments have been filed in writing by any taxpayer, as provided in this chapter. For the purpose of hearing objections filed in writing to any assessments or valuations fixed as provided for herein, in counties where the board of equalization serves full time, the boards of equalization shall sit at the courthouse in their respective counties, beginning on the date specified by the Department of Revenue, to dispose of...
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45-37A-51.137
Section 45-37A-51.137 The fund and its investment. (a) In each instance in which any provision of this section requires a determination of the value of a security, or securities, in the fund, the fair market value of such security or securities as determined by pricing sources acceptable to the custodian, shall be deemed to be the value thereof. (b) The fund shall include all assets of the fund in any form, and the city director of finance shall be, ex officio, the custodian of the fund. The custodian shall keep a separate account of the fund and of all assets and liabilities thereof and of all receipts and disbursements thereof and of all prior service time and paid membership time of employee members. The custodian shall keep all monies of the fund in a separate bank account. The custodian shall keep in force and effect a bond in a penal amount equal to the total amount of monies and securities in such custodian's custody or possession, but in no event in excess of fifty thousand...
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