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22-29-8
Section 22-29-8 Bonds - Authorization to issue and sell; security for payment. For the purpose
of providing funds for the state to make grants to local public bodies for a project or projects
or for the payment of obligations incurred or a temporary loan made for any of said purposes,
the authority is hereby authorized, from time to time, to issue and sell its bonds, not exceeding
in the aggregate principal amount, however, $30,000,000.00. Such bonds may be issued in one
or more series, shall be in such form and denominations and of such tenor and maturities,
not exceeding 40 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
with this section as may be provided by the authorizing resolution. As security for the payment
of the principal of and interest on its bonds, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-29-8.htm - 1K - Match Info - Similar pages
22-34-7
Section 22-34-7 Authority authorized to issue bonds. For the purpose of providing funds for
the authority to make loans to public bodies for a project or projects, 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 25 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 bonds, the authority is
authorized to pledge, transfer and assign any obligations of each...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-34-7.htm - 1K - Match Info - Similar pages
45-11-245.10
Section 45-11-245.10 Authorizing resolution; termination of levy of taxes. (a) If the governing
body of the county elects to levy and impose the taxes authorized by this part, it shall adopt
an authorizing resolution levying and imposing such taxes. Such authorizing resolution shall
be retroactive and curative as provided in Section 45-11-245.11, and the adoption of such
authorizing resolution shall authorize and confirm the levy, imposition, and continuation
of such taxes from August 1, 2014, until such levy and imposition is terminated in accordance
with the terms and conditions of this section; provided, however, that a credit shall be allowed
against the payment of such taxes as provided in Section 45-11-245.12. Such authorizing resolution
may provide such other terms or provisions relating to the levy, collection, administration,
and enforcement of such taxes as are not contrary to or inconsistent with the provisions of
this part. (b) The governing body of the county may, at any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-11-245.10.htm - 3K - Match Info - Similar pages
11-81-143
Section 11-81-143 Covenants in bond authorization resolutions; enforcement of provisions of
division and bond resolutions. (a) Any resolution or resolutions authorizing the issuance
of revenue anticipation bonds under this division may contain covenants as to the purpose
or purposes to which the proceeds of sale of said bonds may be applied and to the use and
disposition thereof, the use and disposition of the revenue of the undertaking in anticipation
of which said bonds are to be issued, including the creation and maintenance of reserves,
the issuance of other or additional bonds payable from the revenue of said undertaking to
pay from the general funds of the municipality or county to the account or accounts of the
undertaking the reasonable value for furnishing the municipality or county or any of its departments
with the services, facilities and commodities of said undertaking, the operation and maintenance
of such undertaking, the insurance to be carried thereon and the use and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-143.htm - 2K - Match Info - Similar pages
16-25-10.7
Section 16-25-10.7 Officers and employees of community action agencies; contributions; creditable
service. (a) Any governing body of any community action agency organized pursuant to Sections
11-80-4.1, 11-96-3 or 11-96-6 may by resolution legally adopted to conform to the rules prescribed
by the Board of Control of the Teachers' Retirement System elect to have its executive officers
and employees from whatever source and in whatever manner paid become eligible to participate
in the Teachers' Retirement System of Alabama subject to all rules, regulations and conditions
thereof. (b) The governing body of any community action agency eligible under subsection (a)
of this section and having made an election by resolution as provided therein, its employees
and executive officers may participate in and be entitled to all benefits of the Teachers'
Retirement System of Alabama, provided that where contributions are made from salaries paid
by a community action agency the agency shall pay the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-10.7.htm - 2K - Match Info - Similar pages
11-86A-16
Section 11-86A-16 Application of proceeds from the sale of bonds; source of payment; pledge
of county's or municipality's credit; negotiability; exemption from taxation; pledge as security
for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing
required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement
System of Alabama, and the State Insurance Fund; investment in bonds by public persons. (a)
The proceeds from the sale of any bonds shall be applied as provided in the proceedings in
which the bonds are authorized to be issued, including, without limitation, the payment of
all legal, fiscal, and recording fees and expenses incurred in connection with the authorization,
sale, and issuance of the bonds and, if provided in the proceedings authorizing their issuance,
interest on the bonds (or if only a part of any issue of bonds is issued for acquisition purposes,
interest on that portion of the bonds of that issue...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-86A-16.htm - 3K - Match Info - Similar pages
22-30F-3
Section 22-30F-3 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
(1) AUTHORITY. The corporation organized pursuant to this chapter as a public corporation,
agency, and instrumentality of the state and known as the "Alabama Land Recycling Finance
Authority." (2) AUTHORIZING RESOLUTION. A resolution, order, or other proceedings adopted
by the board of directors of the authority authorizing the issuance of agreements and related
matters. (3) BOARD OF DIRECTORS. The board of directors of the authority. (4) DEPARTMENT.
The Alabama Department of Environmental Management or any successor. (5) ELIGIBLE PROPERTY.
Property which qualifies under Section 22-30E-6 for participation in the voluntary cleanup
program established pursuant to Chapter 30E of this title, and which is owned and operated
by an applicant or applicants which qualifies for the limitation of liability as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-30F-3.htm - 5K - Match Info - Similar pages
23-2-152
Section 23-2-152 Bondholder's and trustee's rights of enforcement; scope of rights. Any holder
of bonds issued under the provisions of this article, or of any of the coupons appertaining
thereto, and the trustee under any trust agreement, except to the extent that the rights herein
given may be restricted by such trust agreement, may, by civil action or proceeding protect
and enforce any and all rights under the laws of this state, or granted hereunder, or under
the trust agreement or the resolution authorizing the issuance of bonds and may enforce and
compel the performance of all duties required by this article or by the trust agreement or
resolution to be performed by the authority or by any officer thereof, including the fixing,
charging and collecting of tolls. (Acts 1980, No. 80-691, p. 1377, ยง12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-2-152.htm - 1K - Match Info - Similar pages
11-81-144
Section 11-81-144 Form, terms, denominations, etc., of bonds; maturity and sale; execution
and delivery; issuance of revenue refunding bonds. (a) Revenue anticipation bonds may be issued
under this division in one or more series, may bear such date or dates, may be payable in
such medium of payment, at such place or places, may carry such registration privileges, may
be executed in such manner, may contain such terms, covenants and conditions, and may be in
such form, either coupon or registered, as may be specified in the resolution or resolutions
providing for their issuance. (b) Such bonds shall mature in the manner provided for the maturity
of revenue bonds in Section 11-81-6 and shall be sold as provided in Sections 11-81-10 through
11-81-12; provided, that if the proceedings authorizing the issuance of any revenue anticipation
bonds under this division shall recite that the undertaking with respect to which such bonds
are to be issued is then leased by the municipality or county...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-144.htm - 3K - Match Info - Similar pages
22-21-330
Section 22-21-330 Lease agreements with authorizing subdivision; terms; renewal options; special
pledge as security for payment of rental, etc.; use of vacant space. (a) Each authority and
any authorizing subdivision are hereby respectively authorized to enter into one or more lease
agreements with each other whereunder any health care facilities situated within (or within
10 miles of) such authorizing subdivision or any part thereof shall be leased by the authority
to such authorizing subdivision, but if and only if such authorizing subdivision is then permitted
by law to operate such health care facilities, to issue its bonds, warrants, notes or other
securities therefor and to pledge for the benefit of any such securities its full faith and
credit. No such lease agreement shall be for a term longer than the then current fiscal year
in which it is made. Any such lease agreement may, however, contain a grant to such authorizing
subdivision of successive options to renew such lease...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-330.htm - 6K - Match Info - Similar pages
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