|
11-96A-3
Section 11-96A-3 Municipalities or counties empowered to take certain actions to carry out
purpose of chapter. The council or other governing body of any municipality, or governing
body of a county in furtherance of the legislative purpose stated above, is empowered to take
the following actions and to the extent necessary or desirable in its judgment to expend its
moneys to accomplish such purpose: (1) To acquire sites for, purchase, construct, own, develop,
operate, survey, subdivide, establish, maintain, refurbish, remodel, or improve single or
multi-family dwellings; (2) To receive designated funds from whatever source, federal, state,
private, or otherwise and to apply such funds for the uses and purposes described in this
chapter; (3) To sell and issue bonds or warrants in order to provide funds for any low or
moderate income single or multi-family housing purpose or to provide funds for any shelter
for the homeless purpose; (4) To purchase mortgage loans from mortgage lenders;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-96A-3.htm - 5K - Match Info - Similar pages
24-1A-2
or the state; interest bearing bank and savings and loan association deposits; obligations
of any agency of the United States of America; any obligations in which a state chartered
savings and loan association may invest its funds; any agreement to repurchase any of the
foregoing; or any combination thereof. (3) BOARD OF DIRECTORS. The board of directors of the
authority. (4) BONDS. Bonds or other securities representing an obligation to pay money. (5)
ELIGIBLE HOUSING UNIT. Real and personal properties located in the state constituting
a single family dwelling unit for occupancy by low and moderate income families or a multi-family
dwelling unit for occupancy by any persons and families without restriction as to the income
of such persons or families other than any applicable federal restrictions imposed upon multi-family
dwelling units financed from the proceeds of bonds the interest on which is exempt from federal
income taxes. (6) LOW AND MODERATE INCOME FAMILIES. Persons...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1A-2.htm - 4K - Match Info - Similar pages
24-3-4
Section 24-3-4 Powers, rights, etc., of housing authorities, etc., with respect to urban renewal
projects generally; surveys and plans. An authority shall have all the powers necessary or
convenient to undertake and carry out urban renewal plans and urban renewal projects, including
the authority to acquire and dispose of property, to make payments to persons and businesses
displaced by the acquisition and disposal of any property, to issue bonds and other obligations,
to borrow and accept grants from the federal government or other source, and to exercise the
other powers which Chapter 2 of this title confers on an authority with respect to redevelopment
projects. In connection with the planning and undertaking of any urban renewal plan or urban
renewal project, the authority, the municipality, and all public and private officers, agencies,
and bodies shall have all the rights, powers, privileges, and immunities which they have with
respect to a redevelopment plan or redevelopment...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-3-4.htm - 3K - Match Info - Similar pages
11-96-4
Section 11-96-4 Limited purpose agencies; defined; governing board; bi-annual audit; delegation
of responsibility; service area; consultation and planning. (a) A limited purpose agency qualifying
for funds from the community services administration block grant is a community-based and
-operated program which: (1) Was designated as an eligible entity to receive funds from the
community services block grant program under Public Law 97-115, the "Older Americans
Act Amendments of 1981" or administer a head start program. (2) Performs the functions
of community action agencies, but which is not technically a community action agency. (3)
Received funds in fiscal year 1981 under Section 221 and Section 222(a) or under Title IV
of the Economic Opportunity Act of 1964. (b) Each limited purpose agency shall administer
its programs through a governing board consisting of 15 to 50 members. This board shall be
representative of the population of its service area, and representative of the poor, as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-96-4.htm - 2K - Match Info - Similar pages
24-1A-5
to sell the equity of redemption, to purchase the equity of redemption and otherwise to sell
and dispose of the mortgaged property, all as shall seem in the best interests of the authority
and the holders of its bonds; (11) To sell and issue bonds in order to provide funds for any
corporate function, use or purpose; (12) To mortgage, pledge, assign or grant security interests
in any or all of its mortgage loans, mortgages and its interests created thereby in the underlying
real and personal properties covered by such mortgages as security for the payment
of the principal of, and interest on, any bonds issued by the authority, or as security for
any agreements made in connection therewith, whether then owned or thereafter acquired, and
to pledge the revenues from which said bonds are payable as security for the payment of the
principal of, and interest on, said bonds and any agreements made in connection therewith;
(13) To establish such reserves from the proceeds of any issue...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1A-5.htm - 7K - Match Info - Similar pages
11-96-3
Section 11-96-3 Community action agency; defined; governing board; biannual audit; delegation
of responsibility; service area; consultation with neighborhood-based organizations; powers
and duties. (a) A "community action agency" for the purposes of this chapter shall
include the following: (1) A county, a municipality or a combination thereof; (2) A private
nonprofit agency which has been designated as an "eligible entity" under Section
673(1) of the Community Services Block Grant Act; or (3) A private nonprofit agency newly
established by local ordinance in compliance with subsection (b) of this section. (b) Each
community action agency shall administer its programs through a governing board consisting
of 15 to 51 members. (1) One-third of the members of the board shall be elected or appointed
public officials, currently holding office or their representatives. These members shall be
designated or approved by the chief elected local government official or officials of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-96-3.htm - 4K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/18-1B-2.htm - 2K - Match Info - Similar pages
40-16-1
exception that the credit for licenses or taxes as provided by Section 40-16-8 and the rules
adopted pursuant thereto by the Department of Revenue will not apply to amounts of excise
tax on financial institutions imposed hereby and paid by such parent corporation. Financial
institution shall not mean or include individual citizens and fiduciaries acting in a representative
capacity for individual citizens, not engaged in a banking, loan, investment, or similar business,
but merely making personal investments of personal or fiduciary funds in bonds,
notes, or other evidences of indebtedness and not made in competition with the business of
national banks, nor shall such term apply to insurance companies or insurance associations
merely making investments of reserves in bonds, notes or other evidences of indebtedness and
not made in competition with the business of national banks. (2) INTERNAL REVENUE CODE or
U.S.C. All references in this chapter to the Internal Revenue Code or to 26...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-16-1.htm - 4K - Match Info - Similar pages
24-1-66
in connection with a project; (10) To lease or rent any of the dwelling or other accommodations
or any of the lands, buildings, structures, or facilities embraced in any housing project
and to establish and revise the rents or charges therefor; (11) To enter upon any building
or property in order to conduct investigations or to make surveys or soundings; (12) To purchase,
lease, obtain options upon, acquire by eminent domain, gift, grant, bequest, devise, or otherwise,
any property, real or personal, or any interest therein from any person, firm, corporation,
city, county, or government; (13) 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; (14) To own, hold, clear, and improve property; (15) To insure or provide for
the insurance of the property or operations of the authority against such risks as the authority
may deem advisable; (16) To procure insurance or guarantees...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-66.htm - 7K - Match Info - Similar pages
41-9-432
Section 41-9-432 Powers generally. The commission shall be authorized: (1) To investigate and
select an available site for housing the exhibits, including the surrounding grounds, in cooperation
with the Department of the Army and the community, taking into consideration all pertinent
factors affecting the suitability of such site; (2) To acquire by rent or lease agreement
or otherwise the necessary housing facilities and to establish, improve and enlarge the available
facility, including providing it with necessary equipment, furnishings, landscaping and related
facilities, including parking areas and ramps, roadways, sewers, curbs and gutters; (3) To
enter into such contracts and cooperative agreements with the local, state and federal governments,
with agencies of such governments, including the Department of the Army and the National Aeronautics
and Space Administration, with private individuals, corporations, associations and other organizations
as the commission may deem...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-432.htm - 8K - Match Info - Similar pages
|