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41-10-60
Section 41-10-60 Disposition of proceeds from sale of bonds and refunding bonds. (a) The authority
shall pay out of the proceeds from the sale of any of the bonds all expenses, including fees
of agents and attorneys and other charges, which said board of directors may deem necessary
or advantageous in connection with the issuance of the bonds. The proceeds of the bonds, other
than refunding bonds, remaining after paying the expenses of their issuance shall be turned
over to the State Treasurer and shall be carried by him in a special account to the credit
of the authority and shall be subject to be drawn on by the authority solely for the purposes
of acquiring real estate suitable for the purpose of the authority in Jefferson County, Alabama,
including all expenses reasonably necessary in connection with such acquisition, and erecting,
constructing and equipping on such real estate exhibition halls, buildings, warehouses, storage
facilities, parking areas and other structures and...
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45-41A-10.12
Section 45-41A-10.12 Notice of bond resolution. Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority, in its discretion,
may cause to be published once a week for two consecutive weeks, in a newspaper published
or having a general circulation in the city, a notice in substantially the following form
(the blanks being properly filled in) at the end of which shall be printed the name and title
of either the chair or secretary of such authority: "The Auburn Downtown Redevelopment
Authority, a public corporation organized and existing under the laws of the State of Alabama
(the 'Authority'), after notice published on the ______ day of ______, 20__ , in ______, a
newspaper of general circulation in the City of Auburn, Alabama, held a public hearing on
the ______ day of ______, 20__ , regarding its proposed issuance of $_____ principal amount
of bonds of the Authority for purposes authorized in the act of the Legislature of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-41A-10.12.htm - 2K - Match Info - Similar pages
11-99B-17
Section 11-99B-17 Provisions of chapter as to incorporation of district, acquisition of property,
issuance of bonds, exclusive; jurisdiction over and regulation of district, by State Board
of Health, Public Service Commission. Except as expressly otherwise provided in this chapter,
no proceeding, notice, or approval shall be required for the incorporation of any district
or the amendment of its certificate of incorporation, the acquisition of any property or project,
or the issuance of any bonds, or trust indenture; provided, however, that nothing contained
in this section shall be construed to exempt any district from the jurisdiction of the State
Board of Health. The district, every project of the district, and the rates, rentals, fees,
licenses, and charges thereof shall be exempt from all jurisdiction of and all regulation
and supervision by the Public Service Commission and neither a public hearing nor the consent
of the State Department of Finance shall be prerequisite to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-17.htm - 1K - Match Info - Similar pages
14-2-29
Section 14-2-29 Facilities - Leasing - State or agency thereof. (a) The authority is hereby
authorized to enter into a lease or leases of any one or more facilities constructed, acquired,
reconstructed, renovated or improved by the authority under the provisions of this chapter
to and with the department and any other agency, board, commission, bureau or department of
the state which may be charged with the responsibility for the operation of any of the penal
or correctional institutions of the state. The department and any such other agency, board,
commission, bureau or department of the state and each of them are hereby authorized to lease
any such facilities from the authority. No such lease shall, however, be for a term longer
than the then current fiscal year of the state, but any such lease may contain a grant to
the state or its agency of successive options of renewing said lease on the terms specified
therein for any subsequent fiscal year or years of the state; provided, that...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-2-29.htm - 3K - Match Info - Similar pages
22-29-1
Section 22-29-1 Definitions. For the purposes of this chapter, unless otherwise indicated,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) AUTHORITY. The public corporation organized pursuant to the provisions of this chapter
as a public corporation, agency and instrumentality of the state. (2) AUTHORIZING RESOLUTION.
A resolution or order adopted by the board of directors authorizing the issuance of bonds
by the authority or providing for an indenture of trust under and pursuant to which its bonds
are to be issued. (3) BOARD OF DIRECTORS. The board of directors of the authority. (4) BOARD.
The State Board of Health of the State of Alabama or the State Committee of Public Health
or the State Health Officer, whichever at the time has the authority to act in health matters
pursuant to Sections 22-1-3, 22-2-1, 22-2-2, 22-2-6 and 22-2-8. (5) BONDS. The bonds issued
by the authority under the provisions of this chapter. (6) BOND SERVICE...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-29-1.htm - 3K - Match Info - Similar pages
33-15-7
Section 33-15-7 Rates, fees and charges; user permits. (a) Rates, fees and charges for services
rendered by the authority from any of its facilities shall be fixed and from time to time
revised by the authority; provided, that such rates, fees and charges shall be so fixed as
at all times to provide funds at least sufficient: (1) To pay the cost of operating, maintaining,
repairing, replacing, extending and improving the facilities and other property from which
such services are rendered; (2) To pay the principal of and the interest on all bonds issued
and obligations assumed by the authority that are payable out of the revenues derived from
the operation of those facilities as the said principal and interest become due and payable;
(3) To create and maintain such reserves for the foregoing purposes or any of them as may
be provided in any mortgage and deed of trust or trust indenture executed by the authority
hereunder or in any resolutions of the board of directors authorizing the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-15-7.htm - 3K - Match Info - Similar pages
33-2-39
Section 33-2-39 Disposition of proceeds from sale of bonds. The proceeds from the sale of any
of the bonds shall be paid into the state treasury and kept by the State Treasurer in a separate
account and paid over to the secretary-treasurer of the department from time to time in such
amounts as shall be directed by the Governor and the money so paid over to the secretary-treasurer
of the department shall be held and used only for the accomplishment of the purposes of this
article, and specifically for payment of the cost of acquiring, by construction or otherwise,
maintaining and operating, or any of them, dock facilities along navigable streams and waterways
now or hereafter existing within the state, in aid of commerce and use of navigable waterways
of the state. The cost of acquiring any dock facilities shall be deemed to include, inter
alia, (1) fees of engineers and attorneys and other expenses incidental to such acquisition;
(2) the cost of issuing those of the bonds that may be...
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45-29-90.12
Section 45-29-90.12 Rates, fees, and charges for services. (a) Rates, fees, and charges for
services rendered by the authority from any of its facilities shall be fixed and from time
to time revised by the authority; provided, that such rates, fees, and charges shall be so
fixed as at all times to provide funds at least sufficient to do all of the following: (1)
To pay the cost of operating, maintaining, repairing, replacing, extending, and improving
the facilities and other property from which such services are rendered. (2) To pay the principal
of and the interest on all bonds issued and obligations assumed by it, the authority, that
are payable out of the revenues derived from the operation of those facilities, as the principal
and interest become due and payable. (3) To create and maintain such reserves for the foregoing
purposes or any of them as may be provided in any mortgage and deed of trust or trust indenture
executed by the authority hereunder or in any resolutions of the...
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11-54-100
Section 11-54-100 Construction of division. (a) Neither this division nor anything contained
in this division shall be construed as a restriction or limitation upon any powers which the
industrial development board might otherwise have under any laws of this state, but shall
be construed as cumulative of any such powers. (b) No proceedings, notice, or approval shall
be required for the organization of the board or the issuance of any bonds or any instrument
as security therefor, except as is provided in this division, any other law to the contrary
notwithstanding; provided, that nothing in this division shall be construed to deprive the
state and its governmental subdivisions of their respective police powers over any properties
of the board or to impair any power thereover of any official or agency of the state and its
governmental subdivisions which may be otherwise provided by law. (Acts 1949, No. 649, p.
998, ยง16.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-100.htm - 1K - Match Info - Similar pages
11-89-19
Section 11-89-19 Provisions of chapter as to incorporation of district, acquisition of property,
issuance of bonds, etc., exclusive; jurisdiction over and regulation of district, etc., by
State Board of Health, Public Service Commission, etc. Except as expressly otherwise provided
in this chapter, no proceeding, notice, or approval shall be required for the incorporation
of any district or the amendment of its certificate of incorporation, the acquisition of any
property, water system, sewer system, or fire protection facility or the issuance of any bonds,
mortgage and deed of trust or trust indenture; provided, however, that nothing contained in
this section shall be construed to exempt any district from the jurisdiction of the State
Board of Health. The district, every water system, sewer system, or fire protection facility
of the district and the rates and charges thereof shall be exempt from all jurisdiction of
and all regulation and supervision by the Public Service Commission and...
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