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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-36-252.06.htm - 13K - Match Info - Similar pages
28-3-190
Section 28-3-190 Levy of tax; collection; disposition of proceeds by localities; enforcement
and administration; penalties; exclusive nature of tax. (a) Levy. In addition to the excise
tax levied by Article 5A of Chapter 3 of this title and the licenses provided for by Chapter
3A of this title and by Section 28-3-194, and any acts amendatory thereof, supplementary thereto
or substituted therefor, and municipal and county licenses, there is hereby levied a privilege
or excise tax on every person licensed under the provisions of Chapter 3A who sells, stores,
or receives for the purpose of distribution, to any person, firm, corporation, club, or association
within the State of Alabama any beer. The tax levied hereby shall be measured by and graduated
in accordance with the volume of sales by such person of beer, and shall be an amount equal
to one and six hundred twenty-five thousands cents (1.625 cents) for each four fluid ounces
or fractional part thereof. (b) Collection. The tax levied...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-3-190.htm - 43K - Match Info - Similar pages
41-16-72
Section 41-16-72 Procurement of professional services. Any other provision of law notwithstanding,
the procurement of professional services by any agency, department, board, bureau, commission,
authority, public corporation, or instrumentality of the State of Alabama shall be conducted
through the following selection process: (1)a. Except as otherwise provided herein, attorneys
retained to represent the state in litigation shall be appointed by the Attorney General in
consultation with the Governor from a listing of attorneys maintained by the Attorney General.
All attorneys interested in representing the State of Alabama may apply and shall be included
on the listing. The selection of the attorney or law firm shall be based upon the level of
skill, experience, and expertise required in the litigation and the fees charged by the attorney
or law firm shall be taken into consideration so that the State of Alabama receives the best
representation for the funds paid. Fees shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-16-72.htm - 16K - Match Info - Similar pages
22-23B-3
Section 22-23B-3 Revolving Loan Fund established; maintenance; administration. There is hereby
established the State of Alabama Drinking Water Revolving Loan Fund, which shall be maintained
in perpetuity and operated by the department as agent for the authority for the purposes stated
herein. Grants from the federal government or its agencies allocated, allotted or paid to
the state for capitalization of the revolving loan fund, state matching funds where required,
and loan principal, interest, and penalties and interest income and all other amounts at anytime
required or permitted to be paid into the revolving loan fund shall be deposited therein.
Proceeds of bonds issued by the authority, proceeds of capitalization grants, funds appropriated
by the state, loan principal and interest payments, interest income and all other funds of
the authority shall be deposited with one or more banks designated by the authority to act
as depository or trustee with respect to such funds. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23B-3.htm - 3K - Match Info - Similar pages
22-23A-15
Section 22-23A-15 Purpose of chapter. This chapter is intended to aid the state through the
furtherance of its purposes by providing an appropriate and independent instrumentality of
the state with full and adequate powers to fulfill its functions. Except as expressly provided
in this chapter, no proceeding, notice or approval shall be required for the incorporation
of the authority, the purchase of any loans or the making of any loan to a community water
system, the issuance of any bonds, or the exercise of any other of its powers by the authority.
(Acts 1988, 1st Ex. Sess., No. 88-857, p. 338, ยง15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23A-15.htm - 917 bytes - Match Info - Similar pages
22-23A-7
Section 22-23A-7 Bonds - Authorization to issue and sell; security for payment. For the purpose
of providing funds for the authority to make loans to community water systems for a project
or projects, or to refinance debt of community water systems or for the payment of obligations
incurred or temporary loans made for any of said purposes, the authority is hereby authorized,
from time to time, to issue and sell its bonds or other evidences of indebtedness. Such bonds
may be issued in one or more series; shall be in such form and denominations and of such terms
and maturities, not exceeding 35 years from the date of issue of each series; shall bear such
rate or rates of interest, payable and evidenced in such manner; may contain such provisions
for registration or for redemption prior to maturity; and may contain such other provisions
not inconsistent herewith, all as may be provided by the authorizing resolution. As security
for the payment of the principal of and interest on its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23A-7.htm - 1K - Match Info - Similar pages
22-34-3
Section 22-34-3 Revolving fund established; use of funds; administration of fund; annual report.
(a) There is hereby established the Water Pollution Control Revolving Loan Fund, which shall
be maintained in perpetuity and operated by the department as agent for the authority for
the purposes stated herein. Grants from the federal government or its agencies allotted to
the state for capitalization of the revolving loan fund, state matching funds where required,
and loan principal, interest, and penalties shall be deposited as required by the terms of
the federal grant directly in the revolving loan fund. Money in the revolving loan fund shall
be expended in a manner consistent with terms and conditions of the federal capitalization
grants and may be used to provide loans for the construction or rehabilitation of public wastewater
treatment facilities; to secure principal and interest on bonds issued by the authority if
the proceeds of such bonds are deposited in the revolving loan fund...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-34-3.htm - 3K - Match Info - Similar pages
11-85-109
Section 11-85-109 Administrative and recordkeeping functions of authority. (a) The Alabama
Department of Economic and Community Affairs (ADECA) Planning and Economic Development Division
shall perform the centralized administrative and recordkeeping functions for the authority.
ADECA shall ensure that grantees utilize their allocations of grant monies efficiently and
effectively as revolving loan funds, pursuant to Sections 41-23-50 and 41-23-51. The grantees
shall provide to ADECA all information regarding the disbursements of revolving loan funds,
terms and conditions of the revolving loans that are approved, jobs created, and other information
deemed necessary by the authority to assess the respective revolving loan programs of the
grantees. ADECA shall cause programmatic audits to be conducted on the utilization of revolving
loan funds by grantees upon the request of the authority. ADECA shall recommend to the Regional
Revolving Loan Policy Committee, defined in Section 41-23-51 a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-85-109.htm - 2K - Match Info - Similar pages
11-57-15
Section 11-57-15 Bonds - Security for payment of principal and interest. The principal of and
the interest on the bonds shall be secured by a pledge of the revenues out of which the bonds
shall be made payable by an assignment or pledge of the lease agreement covering the project
from which revenues so pledged shall be derived and by a pledge of the rental from such project
and may be secured by a nonforeclosable indenture covering the project. The trustee under
any indenture may be a trust company or bank having trust powers, whether located within or
without the state. The indenture may contain any agreements and provisions customarily contained
in instruments securing evidences of indebtedness, including, without limiting the generality
of the foregoing, provisions respecting the collection, segregation and application of the
rental from any project covered by such indenture, the terms to be incorporated in the lease
agreement respecting the project, the maintenance and insurance of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-57-15.htm - 2K - Match Info - Similar pages
11-92A-23
Section 11-92A-23 Special reserve funds and applications for appropriations. (a) In addition
to all other powers at any time conferred upon an authority by law, an authority may, in connection
with the issuance of any bonds hereunder, create and establish one or more special debt service
reserve funds (a "debt service reserve fund"), and may pay or cause to be paid into
each debt service reserve fund (i) proceeds from bonds issued pursuant hereto to the extent
provided by the authority authorizing the issuance thereof; (ii) any moneys appropriated and
made available by the Legislature for the purpose of such fund; and (iii) any other moneys
that may be made available to the authority from any other source for the purpose of such
fund. All moneys held in a debt service reserve fund shall be used solely for the payment
of the principal of, premium, if any, and interest on bonds secured, in whole or in part,
by that fund when and as the same become due and payable as provided in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-23.htm - 7K - Match Info - Similar pages
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