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40-23-4
sales of materials, equipment, and machinery that, at any time, enter into and become a component
part of ships, vessels, towing vessels or barges, or drilling ships, rigs or barges, or seismic
or geophysical vessels, other watercraft and commercial fishing vessels of over five tons
load displacement as registered with the U.S. Coast Guard and licensed by the State of Alabama
Department of Conservation and Natural Resources. Additionally, the gross proceeds from the
sale or sales of lifeboats, personal flotation devices, ring life buoys, survival craft
equipment, distress signals, EPIRB's, fire extinguishers, injury placards, waste management
plans and logs, marine sanitation devices, navigation rulebooks, navigation lights, sound
signals, navigation day shapes, oil placard cards, garbage placards, FCC SSL, stability instructions,
first aid equipment, compasses, anchor and radar reflectors, general alarm systems, bilge
pumps, piping, and discharge and electronic position fixing...
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11-99A-48
Section 11-99A-48 Additional security for bonds. (a) A board may pledge out of bond proceeds
or other sources reserve funds for the repayment of bonds. In addition, the district, any
other public person, or any other person may mortgage, subject to foreclosure, for the benefit
of bonds, any improvements constructed, acquired, or installed with proceeds of the bonds.
(b) A board, the appointing government, any other public person, or any other person may pledge
to the payment of bonds all or part of a grant, donation, revenue, or income received or to
be received from the government of the United States or any other public or private source,
whether or not it is received pursuant to an agreement or otherwise. (Act 99-446, p. 1013,
§1.)...
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39-7-22
generally; consent of Department of Finance required for issuance or sale of bonds or other
evidence of indebtedness by authority. (a) Subject only to the Constitution of the State of
Alabama, each authority incorporated under this chapter shall have power: (1) To sue and be
sued; (2) To have a seal and alter the same at pleasure; (3) To acquire, by purchase, gift,
devise, lease or exercise of the power of eminent domain or other mode of acquisition, hold
and dispose of property real and personal, tangible and intangible, and interests therein
in its own name, subject to mortgages or other liens or otherwise, and to pay therefor in
cash or on credit and to secure and procure payment of all or any part of the purchase price
thereof on such terms and conditions as it shall determine; (4) To make and enter into contracts,
indentures of trust, leases and bonds; (5) To borrow money and to issue negotiable bonds and
provide for the rights of the holders thereof; (6) To refund any bonds...
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41-10-325
Section 41-10-325 Lease of vacant facilities to prevent default on bonds. If at any time any
facility constructed or acquired by the authority is, or is about to be, vacant or unused
as a result of there being no lease for such facility in effect for the current fiscal year,
then, but only in such event, in order to prevent default on its bonds, the authority is hereby
authorized to lease such facility to any other agency, department, bureau or commission of
the state, any municipal corporation, public corporation, county, or other public body in
the state, or any agency of the federal government. Any such lease shall not be for the purpose
of lending public credit but shall be solely to avoid default on the authority's bonds and
to insure the prompt payment of the principal thereof and interest thereon when due. (Acts
1986, No. 86-546, p. 1093, §26.)...
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33-10-15
Section 33-10-15 Certain powers enumerated. The commission is granted all powers capable of
being delegated by the Legislature under the Constitution of the state, including but not
limited to authority: (1) To own, construct, operate, maintain and lease docks, wharves, sheds,
elevators, pipelines, pumping stations and facilities, storage facilities, housing and food
facilities, heliport, locks, slips, laterals, basins, warehouses and all other property, structures,
equipment and facilities, including belt and connecting lines of railroads and works of public
improvement necessary or useful for deep draft harbor and terminal purposes. (2) To dredge
and maintain shipways, channels, slips, basins and turning basins. (3) To establish, operate
and maintain in cooperation with the federal government, the State of Alabama and its various
agencies, subdivisions and public bodies, navigable waterway systems. (4) To acquire by expropriation
any real property in fee, leaving the ownership of any...
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41-9-326
Board of Trustees of the University of Alabama is hereby authorized, in its discretion, to
lease or to deed in fee simple such lands and appurtenances thereto to the commission. Such
board of trustees may also sell, give or lend any other relics of old-style iron making or
other items appropriate for display along with or as a part of a display or exhibit of iron
making. The commission is further authorized to lease, accept as a gift or loan or otherwise
acquire any other property, real or personal, including gifts or bequests of money
or other things of value to be used in fulfilling the purpose for which it is established
or for any auxiliary purpose incidental or appropriate thereto. (b) The commission is also
authorized to borrow money and issue revenue bonds in evidence thereof, but no such bonds
shall be general obligations of the State of Alabama or any agency or any political subdivision
thereof. Nor shall such commission pledge to the payment of any such loans the land,...
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45-37-72.20
Section 45-37-72.20 Definitions. As herein used, the following terms have the meanings hereby
ascribed to them: (1) COUNTY. Jefferson County, Alabama. (2) COUNTYWIDE ELECTION. Any election,
whether general, special, or primary, including runoff elections, where qualified electors
throughout the county are entitled to vote and which is held to elect a federal, state, or
county officer or to nominate a candidate or candidates, for a federal, state, or county office
or offices, to submit one or more questions, including, but not limited to, the question of
adopting a proposed amendment to the Constitution of Alabama of 1901, and the question of
whether general obligation bonds, or revenue bonds, of the state or county shall be issued.
(3) ELECTION COMMISSION. The election commission of the county. (4) FIRST ELECTION. The first
election for which this act provides to fill a vacancy as distinguished from the runoff election
held hereunder, if a runoff election is necessary. (5) RUNOFF...
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33-10-25
Section 33-10-25 Exemption from taxation; servicing of bonds. It is the intent of this chapter
that the commission shall not be required to pay any taxes or assessments on any property
acquired or used by it under the provisions of this chapter or upon the income therefrom,
and any bonds issued hereunder shall be serviced from the income of said facility and shall
be exempt from taxation by the State of Alabama, and by any municipal or political subdivision
of the state. (Acts 1973, No. 1064, p. 1779, §2.)...
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37-1-31
Section 37-1-31 Exclusive powers and jurisdiction. The rights, powers, authority, jurisdiction
and duties by this title conferred upon the commission shall be exclusive and, in respect
of rates and service regulations and equipment, shall be exercised notwithstanding any rights
heretofore acquired by the public under any franchise, contract or agreement between any utility
and municipality, county or municipal subdivision of the state, and shall be exercised, so
far as they may be exercised consistently with the Constitution of the state and of the United
States, notwithstanding any right heretofore so acquired by any such utility. (Acts 1920,
No. 37, p. 38; Code 1923, §9813; Code 1940, T. 48, §17.)...
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9-14C-9
Section 9-14C-9 Control of property; bonds. (a) The commission may take possession under a
lease or a deed of the land and other property in Jefferson County known as Red Mountain Greenway
and Recreational Area, which is now owned by USS Real Estate or other entities and located
along Red Mountain in Birmingham. The commission is further authorized to lease, accept as
a gift or loan, or otherwise acquire any other property, real or personal, including
gifts or bequests or other things of value to be used in fulfilling the purpose for which
it is established or for any auxiliary purpose incidental or appropriate thereto. (b) The
commission may borrow money and issue revenue bonds in evidence thereof, but the bonds shall
not be general obligations of the State of Alabama or any agency or any political subdivision
thereof and must be publicly bid. The commission may pledge property, real or personal,
to the repayment thereof and may pledge the proceeds derived from admission fees or...
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