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24-1-70
Section 24-1-70 Issuance of bonds by authority; types of and security for bonds generally;
liability on bonds. An authority shall have power to issue bonds from time to time, in its
discretion, for any of its corporate purposes. An authority shall also have power to issue
or exchange refunding bonds for the purpose of paying, retiring, extending, or renewing bonds
previously issued by it. An authority may issue such types of bonds as it may determine, including,
without limiting the generality of the foregoing, bonds on which the principal and interest
are payable from income and revenues of the authority and from grants or contributions from
the federal government or some other source. Such income and revenues securing the bonds may
be: (1) Exclusively the income and revenues of the housing project financed in whole or in
part with the proceeds of such bonds; (2) Exclusively the income and revenues of certain designated
housing projects, whether or not they are financed in whole or in...
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33-1-12.1
Section 33-1-12.1 Additional powers. In addition to the powers conferred in this chapter and
by other applicable law, the port authority shall have the following powers: (1) To have and
use a corporate seal and to alter the same at pleasure. (2) To exercise the right of eminent
domain as freely and completely, and in the same manner, as the state has that power now or
at any time hereafter, and the power of eminent domain shall apply not only as to all property
of private persons or corporations but also as to property already devoted to public use.
(3) To acquire by purchase, gift, the exercise of the power of eminent domain, or other lawful
means, sell, rent, lease, and otherwise dispose of real, personal, or mixed property in its
own name, and to construct, improve, renovate, equip, and maintain the docks and its facilities.
(4) To receive, take, and hold by sale, gift, lease, devise, eminent domain, or other lawful
means, real and personal estate of every description in its own...
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24-1-31
Section 24-1-31 Issuance of bonds by authority; types of and security for bonds generally;
liability on bonds. An authority shall have power to issue bonds, from time to time, in its
discretion, for any of its corporate purposes. An authority shall also have power to issue
or exchange refunding bonds for the purpose of paying, retiring, extending or renewing bonds
previously issued by it. An authority may issue such types of bonds as it may determine, including,
without limiting the generality of the foregoing, bonds on which the principal and interest
are payable from income and revenues of the authority and from grants or contributions from
the federal government or some other source. Such income and revenues securing the bonds may
be: (1) Exclusively the income and revenues of the housing project financed in whole or in
part with the proceeds of such bonds; (2) Exclusively the income and revenues of certain designated
housing projects, whether or not they are financed in whole or in...
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40-9B-4
Section 40-9B-4 Authorization of abatement. (a) Noneducational ad valorem taxes, construction
related transaction taxes, except those local construction related transaction taxes levied
for educational purposes or for capital improvements for education, and mortgage and recording
taxes, or payments required to be made in lieu thereof, and in the case of a qualifying industrial
or research enterprise described in Section 40-9B-3(a)(10)e. which is owned by an entity organized
under Chapter 6 of Title 37, or by an authority both organized and existing pursuant to Chapter
50A of Title 11, and subject to the payments required to be made in lieu of ad valorem, sales,
use, license, and severance taxes imposed by Section 11-50A-7, in addition to the foregoing,
all other ad valorem taxes, or payments required to be made in lieu thereof, imposed by the
state, counties, municipalities, and other taxing jurisdictions of Alabama, may be abated
with respect to private use industrial property and...
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40-9-1
Section 40-9-1 Persons and property generally. The following property and persons shall be
exempt from ad valorem taxation and none other: (1) All bonds of the United States and this
state and all county and municipal bonds issued by counties and municipalities in this state,
all property, real and personal, of the United States and this state and of county and municipal
corporations in this state; all cemeteries, all property, real and personal, used exclusively
for religious worship, for schools or for purposes purely charitable; provided, that property,
real or personal, owned by any educational, religious or charitable institution, society or
corporation let for rent or hire or for use for business purposes shall not be exempt from
taxation, notwithstanding that the income from such property shall be used exclusively for
education, religious or charitable purposes; all mortgages, together with the notes, debts
and credits secured thereby on real and personal property situated in...
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11-11B-3
Section 11-11B-3 Power and authority of counties and public corporations. Each county and each
public corporation shall have the power and, when approved by its governing body, the authority,
to do or perform any one or more of the following: (1) To anticipate the receipt of any grant
either by loan or by assignment or both; to issue securities to evidence such loan or assignment;
to make such securities the general obligation indebtedness of the issuer or the obligation
of the issuer limited or restricted as to source of payment and security to all or a portion
of the proceeds of the grant or to any revenue, receipts or income or any special tax or license
of the issuer, or any one or more thereof. (2) To pledge to the holders of any securities
issued pursuant to this chapter the full faith and credit of the issuer and in addition to,
or instead of such pledge, to pledge and grant a security interest in all or a portion of
the proceeds of the grant or any revenue, receipts or income...
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11-81A-3
Section 11-81A-3 Power and authority of municipalities, counties, and public corporations.
Each municipality or county and each public corporation shall have the power and, when approved
by its governing body, the authority, to do or perform any one or more of the following: (1)
To anticipate the receipt of any grant either by loan or by assignment or both; to issue securities
to evidence such loan or assignment; to make such securities the general obligation indebtedness
of the issuer or the obligation of the issuer limited or restricted as to source of payment
and security to all or a portion of the proceeds of the grant or to any revenue, receipts,
or income or any special tax or license of the issuer, or any one or more thereof. (2) To
pledge to the holders of any securities issued pursuant to this chapter the full faith and
credit of the issuer and in addition to, or instead of such pledge, to pledge and grant a
security interest in all or a portion of the proceeds of the grant or...
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11-92-1
Section 11-92-1 Definitions. (a) The following definitions shall be applicable to this chapter,
unless a different meaning clearly appears from the context: (1) COUNTY. Each county in the
state. (2) GOVERNING BODY. The county commission or the board of commissioners, council, or
other governing body of a municipality. (3) INDUSTRIAL PARK. Land, with such improvements
as are authorized by this chapter, which has been determined by a governing body to be suitable
for use by more than one industrial or commercial enterprise for industrial or commercial
purposes and has been acquired or is proposed to be acquired by a county or a municipality
or any combination of counties and municipalities and held for the purpose of transferring
it to one or more persons for use for industrial or commercial purposes. (4) MUNICIPALITY.
A municipal corporation in the state. (5) PARTICIPANT. With respect to the acquisition and
development of an industrial park, a county or municipality which has financed...
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18-1B-2
Section 18-1B-2 Limitations on condemnation. (a) Neither the State of Alabama, nor any of its
departments, divisions, agencies, commissions, corporations, boards, authorities, or other
entities, nor any agency, corporation, district, board, or other entity organized by or under
the control of any municipality or county in the state and vested by law to any extent whatsoever
with the power of eminent domain may condemn property for the purpose of nongovernmental retail,
office, commercial, residential, or industrial development or use or to primarily condemn
a mortgage or deed of trust; provided, however, the foregoing provisions of this subsection
shall not apply to the exercise of the powers of eminent domain by any county, municipality,
housing authority, or other public entity based upon a finding of blight in an area covered
by any redevelopment plan or urban renewal plan pursuant to Chapters 2 and 3 of Title 24,
provided the purpose of the exercise of the powers of eminent domain...
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11-90-3
Section 11-90-3 Library boards - Powers and duties. (a) The library board shall have full power
and authority to: (1) Control the expenditure of all funds received or appropriated for such
libraries; (2) Erect or rent buildings to cost not in excess of the funds available to it;
(3) Purchase books and equipment; (4) Provide a system of library service to be made easily
available to all citizens of the county or municipality through central library, branches,
stations, book truck service, or other appropriate means; (5) Elect a librarian and other
employees; and (6) Manage and control the said library in order to carry out the full intent
and purpose of this chapter. (b) A careful and complete record and set of books shall be kept
by the library board, showing the proceedings of their several meetings and the receipts and
disbursements in detail of all funds. (c) In counties where a city having a population of
not less than 65,000 already maintains a free public library, a separate...
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