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37-13-9
Section 37-13-9 Cooperation of cities, counties, etc. For the purpose of aiding and cooperating
with an authority in the planning, development, undertaking, construction, extension, improvement
or operation of railroad properties and facilities, any county, city, town 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 an authority;
(2) Cause water, sewer or drainage facilities, or any other facilities which it is empowered
to provide, to be furnished adjacent to or in connection with such railroad properties and
facilities; (3) Donate, sell, convey, transfer or lease to an authority any land, property,
franchise, grant easement, license or lease, which it may own; (4) Donate, transfer, assign,
sell or convey to an authority any right, title or interest which it may have in any lease,
contract, agreement, license or property; (5) Furnish,...
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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...
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11-50-314
(whether or not such system or systems were in existence and whether or not such system or
systems were privately owned prior to acquisition by such corporation and whether such system
or systems are located within or without or partly within and partly without the limits of
the municipality which authorized the organization of such corporation or within the limits
of another municipality) and to receive, acquire, take, and hold, whether by purchase, gift,
lease, devise, or otherwise, real, personal, and mixed property of any nature whatsoever
that its board of directors may deem a necessary or convenient part of such system or systems;
(5) To borrow money for any corporate function, use, or purpose and to issue in evidence of
the borrowing interest-bearing bonds payable solely from the revenues derived from the operation
of any one or more of its systems (regardless of the system or systems for the benefit of
or with respect to which such borrowing may be made); (6) To pledge for...
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16-26B-5
Section 16-26B-5 Board of trustees - Powers, duties, functions. The school board may: (1) Accept
donations, bequests, or other forms of financial assistance for educational purposes from
any public or private sector persons or agencies and comply with rules and regulations governing
grants from the federal government or from any other person or agency, which are not in contravention
of the Constitution of Alabama of 1901 and laws. (2) Purchase land and equipment and make
improvements to land and facilities necessary for the use of the school, in accordance with
applicable law. (3) Lease land or other property belonging to it or to the school. (4) Sell
or exchange land or other real property not needed for school purposes, if the sale or exchange
is specifically authorized by law and is in accordance with the procedures provided for the
sale of unused school lands under Chapter 15 (commencing with Section 9-15-1) of Title 9.
The sale shall be authorized by resolution of the school...
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22-21-53
To arrange, with any appropriate local or state agencies, for the opening or closing of streets,
roadways, alleys or other transportation facilities; (7) To lease or rent any land, building,
structure or facility needed in the operation of the hospital; (8) To enter upon buildings
or property in order to conduct investigations or to make surveys or soundings; (9) To purchase,
obtain options upon or acquire by eminent domain, gift, grant, bequest, devise or otherwise
any property, real or personal, or interest therein, from any person, firm, corporation,
city, county or government; (10) To sell, exchange, transfer, assign or pledge any property,
real or personal, or any interest therein, to any person, firm, corporation, city,
county or government; (11) To own, hold, clear and improve property; (12) To insure or provide
for insurance of the property or operation of the association against such risks as the association
may deem advisable; (13) To borrow money upon its bonds, notes,...
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45-49-90.01
Section 45-49-90.01 Purpose; liberal construction. (a) It is the intent of the Legislature
by the passage of this part to authorize the incorporation in Mobile County of public corporations
to acquire, enlarge, improve, replace, own, lease, and dispose of properties to the end that
such corporations may be able to develop land as sites for industrial parks in Mobile County
which shall be deemed to include the provision of water, sewage, drainage, transportation,
and other similar facilities which are incidental to the use of land as an industrial park,
including easements and rights of way for public utilities providing power and communication
services, but shall not be deemed to include the provision of structures or buildings other
than structures or buildings related to the provision of water, sewage, drainage, transportation,
or similar facilities. It is the further intent of the Legislature by the passage of this
part to vest such public corporations with all powers that may be...
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11-89-1
any thereof. (17) PERSON. Unless limited to a natural person by the context in which it is
used, such term includes a public or private corporation, a municipality, a county, a cooperative,
or an agency, department or instrumentality of the state or of a county or municipality or
cooperative. (18) PRINCIPAL OFFICE. The place at which the certificate of incorporation and
amendments thereto, the bylaws and the minutes of proceedings of the board of a district are
kept. (19) PROPERTY. Real and personal property and interests therein. (20) PUBLIC
CORPORATION. Any public corporation organized under the laws of the state. (21) PUBLIC FIRE
PROTECTION FACILITY. A fire protection facility which is owned or operated by the United States
of America, the state, a county, a municipality, a public corporation, any combination of
any thereof or any agency or instrumentality of any one or more thereof or in which any one
or more thereof or any agency or instrumentality of any one or more thereof holds...
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16-3-28
Section 16-3-28 Authority of board and trustees of institutions to borrow from federal agencies
or others; issuance of bonds, notes and other securities. (a) The State Board of Education,
acting for the respective educational institutions under its supervision, and each public
corporation that conducts one or more state educational institutions under its supervision,
acting through its board of trustees or other governing body, are hereby separately authorized
to exercise and perform any or all of the following powers: (1) To borrow money from the United
States of America or any department or agency thereof, or from any person, firm, corporation
or other lending agency for the purchase, construction, enlargement or alteration of any buildings
or other improvements, including dormitories, dining halls, classrooms, laboratories, libraries,
stadiums, administration buildings and any other buildings and appurtenances thereto suitable
for use by the institution with respect to which the...
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2-6-105
of its property and affairs. (5) To enter into agreements of any nature with any public or
private entity regarding the construction, renovation, restoration, improvement, maintenance,
management, or operation of the project or any properties or facilities constituting a part
of the project. (6) To take all actions and enter into all agreements necessary or appropriate
to complete the project work. (7) To acquire, purchase, lease, receive, hold, transmit, and
convey title to real and personal property to or from any person or legal entity, public
or private. (8) To borrow money and issue its bonds in evidence thereof, subject to this article.
(9) As security for payment of the principal of and interest on its bonds, to pledge any funds
or revenues from which its bonds may be made payable and to arrange for and provide additional
security for its bonds, including letters of credit, bond insurance policies, surety bonds
and the like, as the board of directors shall determine to be...
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22-21-77
corporate form: (1) To have succession by its corporate name for the duration of time, which
may be in perpetuity, specified in its certificate of incorporation or until dissolved as
provided in Section 22-21-82; (2) To maintain actions and have actions maintained against
it and to defend action maintained against it; (3) To make use of a corporate seal and to
alter the same at pleasure; (4) To receive, acquire, take and hold, whether by purchase, gift,
lease, devise or otherwise, real and personal estate of every description and to manage
and dispose of same by any form of legal conveyance or transfer; (5) To acquire, construct,
equip, enlarge, improve, maintain and operate a hospital and to do all things necessary to
that end; (6) With the approval of the board of directors, to design, construct, purchase
or otherwise acquire hospitals, clinics and other hospital facilities, and to lease or otherwise
make available such facilities to such persons, firms, partnerships, associations...
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