Code of Alabama

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11-29-2
Section 11-29-2 Legislative findings and declaration of purpose. It is the desire of the state
to assist in the restoration and improvement of county government buildings, bridges, roads,
streets, and other facilities, and to promote the health, safety, and public welfare of the
citizens of the state. The making available in the manner provided in this chapter of appropriated
moneys to assist the financing of much needed capital improvement projects will assist county
government services and promote the welfare and prosperity of the people of the state. (Acts
1986, No. 86-206, p. 269, §2.)...
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11-66-2
Section 11-66-2 Legislative findings and declaration of purpose. It is the desire of the state
to assist in the restoration and improvement of municipal government buildings, roads, streets,
and other facilities, and to promote the health, safety, and public welfare of the citizens
of the state. The making available in the manner provided in this chapter of appropriated
moneys to assist the financing of much needed capital improvement projects will assist municipal
government services and promote the welfare and prosperity of the people of the state. (Acts
1986, No. 86-234, p. 345, §2.)...
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16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
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23-6-2
Section 23-6-2 Purposes of public corporation; supervision of construction by State Department
of Transportation; department's power to assign, contract, etc., construction work; construction
of chapter. It is the intention of the Legislature to authorize the incorporation of a public
corporation for all of the following purposes: (1) To issue bonds to assure the availability
of funds for payment of the cost of constructing industrial access roads and bridges as shall
from time to time be constructed. (2) To use an annual appropriation from the state Public
Road and Bridge Fund to assure the availability of funds for the cost of constructing industrial
access roads and bridges as shall from time to time be constructed. (3) To construct industrial
access roads and bridges through a corporation to be composed of the officials whose incorporation
is hereby authorized. (4) To vest in the corporation all powers, authorities, rights, privileges,
and titles necessary to enable it to...
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11-100-2
Section 11-100-2 Legislative findings. The Legislature hereby finds and determines that: (1)
The convention industry is a vital and beneficial industry for the State of Alabama and promotes
the health, welfare, progress, and physical and economic well-being of the people of this
state. (2) Adequate facilities are essential to the proper development of the meeting and
entertainment industries. Adequate convention facilities are often not self-supporting so
as to permit their financing with revenue bonds, but generate economic activity and stimulate
business and commerce in the affected locality, and throughout the state, through increased
demand for goods and services furnished by restaurants, hotels, places of entertainment, as
well as stores, shops and other establishments, and, as a consequence, they generate additional
state and local tax revenues. (3) It is in the interest of the state and its cities and counties,
for the state to assist any city, county, and entities or...
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11-101A-1
Section 11-101A-1 Legislative intent. It is the intent of the Legislature to authorize the
several counties and municipalities in the state effectively to form public corporations whose
corporate purpose shall be to provide buildings, facilities, and other property for lease
to and use by the United States of America, its departments, agencies, and instrumentalities,
to invest those public corporations with all powers that may be necessary to enable them to
accomplish that purpose, and to authorize each county and municipality forming each public
corporation to provide financial support and to take other action as may be necessary to enable
the public corporation to carry out the purposes of this chapter. This chapter shall be liberally
construed in conformity with this intent. (Act 2001-642, p. 1317, §1.)...
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11-95-1
Section 11-95-1 Legislative intent; liberal construction of chapter. It is the intent of the
Legislature by the passage of this chapter to promote the public health of the people of the
State of Alabama by authorizing each county and any municipality located in such county to
act jointly in authorizing the incorporation of one or more public corporations for the purpose
of providing public hospital facilities in such county and to invest each corporation so organized
with all powers that may be necessary to enable it to accomplish such purpose. This chapter
shall be liberally construed in conformity with said intent. (Acts 1981, No. 81-338, p. 480,
§1.)...
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11-99-1
or rehabilitation in such a manner that the conditions and evils enumerated may be eliminated,
remedied, or prevented; and that salvageable blighted and economically distressed areas can
be conserved and rehabilitated through appropriate public action as herein authorized and
the cooperation and voluntary action of the owners and tenants of property in such areas.
(3) It is further found and declared that there exist in municipalities and counties of the
state underutilized real and personal property in enhanced use lease areas which, when
leased by a secretary of a military department for cash or in-kind consideration, enhances
the public benefit and welfare by, among other things, promoting local economic development
and the stimulation of the local economy, increasing job opportunities, creating additional
tax revenues, and enhancing the public's overall quality of life. (4) It is further found
and declared that there exist in municipalities and counties of the state...
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16-17A-2
university in the state or a university that operates a school of medicine. (2) AUTHORITY.
A public corporation organized pursuant to the provisions of this chapter. (3) BOARD. The
board of directors of an authority. (4) DIRECTOR. A member of the board of an authority. (5)
GOVERNMENTAL ENTITY. The state, a county, a municipality, or any department, agency, board,
or commission of the state, a county, or a municipality. (6) HEALTH CARE FACILITY. All property
or rights in property, real or personal, tangible or intangible, useful to an authority
in its operations, including without limitation, the following: a. Facilities necessary or
desirable to the operation of an academic medical center, one or more health sciences schools,
hospitals, public health care clinics, treatment centers, emergency facilities, outpatient
facilities, laboratories, service or support facilities, and any other facilities related
to the operation of any of the foregoing. b. Biomedical or public health...
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16-18B-2
Section 16-18B-2 Definitions. Where used in this article the following words and terms shall
be given the following respective meanings unless the context hereof clearly indicates otherwise:
(1) AMENDMENT. The amendment to the constitution of the state authorizing the issuance of
the bonds. (2) CORPORATION. The public corporation authorized to be created by this article.
(3) BOARD OF DIRECTORS. The board of directors of the corporation. (4) BONDS. The bonds issued
under this article. (5) CODE. The Code of Alabama 1975, as amended. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are unconditionally guaranteed by the
United States of America and any certificates or any other evidences of an ownership interest
in such obligations of, or unconditionally guaranteed by, the...
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