2-6-50
Section 2-6-50 Definitions. The following words and phrases, wherever used in this article,
shall, in the absence of clear implication herein otherwise, have the following respective
meanings: (1) COLISEUM. The existing coliseum building located in the Alabama Agricultural
Center in the City of Montgomery. (2) THE CORPORATION. Any public corporation which may be
organized pursuant to any law now in force or hereafter enacted for the purpose of acquiring
title to and completing the construction and equipment of the coliseum and the necessary facilities
in connection therewith. (3) BOARD. The Agricultural Center Board created by Sections 2-6-1
and 2-6-2. (4) LEASE AGREEMENT. Any agreement of lease covering all or any part of the properties
comprising the Alabama Agricultural Center, including the coliseum and any facilities necessary
in connection therewith, which may be made between the board and the corporation pursuant
to the provisions of this article. (Acts 1951, No. 533, p. 943,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-50.htm - 1K - Match Info - Similar pages

2-6-51
Section 2-6-51 Lease authorized. The Agricultural Center Board is hereby authorized
and empowered to enter into an agreement with the corporation under which agreement all or
any part of the properties of the corporation shall be leased to the board. The lease agreement
shall begin upon the completion of the construction and equipment of the coliseum and the
necessary facilities in connection therewith and shall extend for such period of time as may
be agreed upon by the board and the corporation; provided, that it shall not exceed for any
period later than the last maturity of any bonds which may be issued by the corporation. The
lease agreement shall provide for the payment by the board as rental for the properties covered
thereby of an amount sufficient to pay, as the same respectively mature, the principal of
and interest on all bonds issued by the corporation and to create and maintain a reserve therefor
and shall require the board, as additional rental, to pay the premiums on all...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-51.htm - 1K - Match Info - Similar pages

11-54-171
Section 11-54-171 Definitions. The following words and phrases used in this article
shall, in the absence of clear implication otherwise, be given the following interpretations:
(1) APPLICANT. A person who files a written application with the governing body of any municipality
in accordance with Section 11-54-173. (2) AUTHORITY. A public corporation organized
pursuant to this article. (3) AUTHORIZING MUNICIPALITY. Any municipality the governing body
of which shall have adopted an authorizing resolution. (4) AUTHORIZING RESOLUTION. A resolution
adopted by the governing body of any municipality in accordance with Section 11-54-173,
that authorizes the incorporation of an authority. (5) BOARD. The board of directors of an
authority. (6) BONDS. Includes bonds, notes, and certificates representing an obligation to
pay money. (7) COUNTY. Any county in the state. (8) DIRECTOR. A member of the board of an
authority. (9) GOVERNING BODY. With respect to a municipality, its city or town council,...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-171.htm - 5K - Match Info - Similar pages

41-9-682
Section 41-9-682 Function and powers generally. (a) It shall be the function and main
purpose of the board to honor those, living or dead, who, by achievement or service, have
made outstanding and lasting contributions to music in Alabama or elsewhere. The board may
adopt such rules, regulations and bylaws as may be needed to carry out its functions. Also,
it may conduct surveys and polls and may appoint such committees and representatives as it
may determine necessary or desirable. The board may acquire, construct, install, equip, lease,
manage and operate buildings and other facilities consisting of any one or more of the following
to be located in Colbert County, Alabama: (i) a music hall of fame and exhibition facility
for the display of busts, statues, plaques, books, papers, computerized figures, memorabilia,
records, films, audio tapes, video tapes, compact disks, recordings, pictures and other exhibits
relating to music and musicians, (ii) a library, research and educational...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-682.htm - 13K - Match Info - Similar pages

11-20-30
Section 11-20-30 Definitions. Whenever used in this article, unless a different meaning
clearly appears in the context, the following terms, whether used in the singular or plural,
shall be given the following respective interpretations: (1) CORPORATION. Any corporation
organized pursuant to the provisions of this article. (2) COUNTY. Any county in this state
with respect to which a corporation may be organized. (3) GOVERNING BODY. The commission of
the county. (4) MORTGAGE. A mortgage or a mortgage and deed of trust or a trust indenture.
(5) PROJECT. Any land and any building or other improvement thereon and all real and personal
properties deemed necessary in connection therewith, whether or not now in existence, which
shall be suitable for use by the following or by any combination of two or more thereof: a.
Any industry for the manufacturing, processing or assembling of any agricultural, manufactured
or mineral products; b. Any commercial enterprise in storing, warehousing,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-30.htm - 2K - Match Info - Similar pages

2-6-78
Section 2-6-78 Disposition of proceeds from sale of securities. All proceeds derived
from the sale of any securities of the corporation, other than refunding securities, shall
be deposited in the State Treasury and carried in a special account or accounts, and may be
withdrawn solely for the purposes and in the amounts set out below: (1) No more than 60 percent
of the said proceeds shall be used for the acquisition, construction and installation of a
market facility by the Board of Agriculture and Industries. Withdrawals for such purpose shall
be upon requisition by or pursuant to authority of the Board of Agriculture and Industries
addressed and presented to the State Comptroller and paid out by the warrant of the Comptroller
upon the State Treasury, to be used only to pay the following: a. The cost of materials, supplies
and labor used in the construction of the market facility; b. The cost of acquisition and
installation of equipment for the market facility; c. The cost of acquiring...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-78.htm - 4K - Match Info - Similar pages

22-21-130
Section 22-21-130 Definitions. For the purposes of this article, unless otherwise indicated,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) AUTHORITY. A corporation organized pursuant to the provisions of this article. (2) BOARD.
The board of directors of the authority. (3) BOND. Any bond issued under the provisions of
this article, including refunding bonds. (4) COUNTY. That county in which the certificate
of incorporation of the authority shall be filed for record. (5) COUPON. Any interest coupon
evidencing an installment of interest payable with respect to a bond. (6) FISCAL YEAR. A fiscal
year of the municipality. (7) GOVERNING BODY. The council, board of commissioners or other
like body in which the legislative functions of the municipality are vested by law. (8) INDENTURE.
A mortgage, an indenture of mortgage, deed of trust or trust indenture executed by the authority
as security for any bonds. (9) LEASE AGREEMENT. Any agreement of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-130.htm - 2K - Match Info - Similar pages

11-92A-1
Section 11-92A-1 Definitions. When used in this chapter, the following terms shall have
the following meanings, respectively, unless the context clearly indicates otherwise: (1)
ARTICLES. The articles of incorporation or articles of reincorporation of an authority. (2)
AUTHORITY. A public corporation incorporated and reincorporated pursuant to the provisions
of this chapter. (3) AUTHORIZED OPERATIONAL AREA. The county or counties in which the authority
has been or is proposed to be authorized to operate, as designated in its articles of incorporation
in accordance with the provisions of this chapter. If an authority does not designate an authorized
operational area, then such authority's authorized operational area shall be deemed for all
purposes to be solely the county of incorporation of the authority. (4) BOARD OF DIRECTORS.
The board of directors of an authority. (5) BOND OR BONDS. A bond or bonds issued under the
provisions of this chapter. (6) COUNTY OF INCORPORATION. The county...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-1.htm - 4K - Match Info - Similar pages

11-89A-2
Section 11-89A-2 Definitions. The following words and phrases used in this chapter,
and others evidently intended as the equivalent thereof, shall, in the absence of a clear
implication herein otherwise, be given the following respective interpretations herein: (1)
APPLICANT. A natural person who files a written application with the governing body of any
county or municipality in accordance with the provisions of Section 11-89A-3. (2) AUTHORITY.
Any public corporation organized pursuant to the provisions of this chapter. (3) AUTHORIZING
RESOLUTION. A resolution or ordinance adopted by the governing body of any county or municipality
in accordance with the provisions of Section 11-89A-3, that authorizes the incorporation
of an authority. (4) BOARD. The board of directors of an authority. (5) BONDS. Bonds, notes,
or other obligations representing an obligation to pay money. (6) COSTS. As applied to a facility
or any portion thereof, such term shall include all or any part of the cost of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-2.htm - 7K - Match Info - Similar pages

41-10-541
Section 41-10-541 Definitions. (a) The following words and phrases used in this division,
and others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPROPRIATED
FUNDS. Net TVA payments to the extent such payments are pledged and appropriated to the authority
pursuant to Section 41-10-550. (2) AUTHORITY. The public corporation organized pursuant
to this division. (3) AUTHORITY GUARANTY. An agreement of the authority pursuant to which
the payment of debt service referable to bonds, notes, or other evidences of indebtedness
of a development agency is guaranteed by the authority. (4) AUTHORITY OBLIGATIONS. Bonds of
the authority and authority guaranties. (5) AUTHORITY-GUARANTEED OBLIGATIONS. Bonds, notes,
or other evidences of indebtedness of a development agency that are issued solely for the
purpose in financing a project and that are guaranteed, in whole or in part,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-541.htm - 13K - Match Info - Similar pages