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33-2-191
Section 33-2-191 Docks facilities revenue bonds and refunding bonds - Continuation of special
charges. The department is hereby authorized to continue to impose and collect all charges
and other fees presently imposed and collected, pursuant to statutory authorization, by the
department for the use of docks facilities or the handling or processing of cargo and commodities,
irrespective of any statutory provisions providing for the termination of such charges and
fees upon the happening of certain events, including specifically the special handling charge
on coal handled by the department authorized to be imposed by Act No. 64 enacted at the 1971
Special Session of the Legislature, as amended, and the special processing charge on coal
processed by the department authorized to be imposed by Act No. 703 enacted at the 1976 Regular
Session of the Legislature, as amended, and all statutory provisions respecting or requiring
the termination of such charges and fees in certain events are...
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33-2-192
Section 33-2-192 Docks facilities revenue bonds and refunding bonds - Pledge. All moneys hereby
pledged shall constitute a sinking fund for the purpose of paying the principal of, premium,
if any, and the interest on the docks facilities revenue bonds and refunding bonds. As security
for the payment of the principal of, premium, if any, and interest on the docks facilities
revenue bonds and the refunding bonds issued under this article, the department is authorized
to pledge the proceeds of the pledge herein provided for, including moneys on deposit in any
interest account or reserve account herein authorized to be created and the interest income
from the investment of moneys on deposit in such interest account or reserve account, and
the docks facilities construction and acquisition account. Any pledge made pursuant to this
section shall be valid and binding from the time the pledge is made. The income or revenue
so pledged shall immediately be subject to the lien of the pledge...
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33-2-181
Section 33-2-181 Authorization to issue docks facilities revenue bonds. The department, with
the approval of the Governor, may from time to time and at any time, issue its docks facilities
revenue bonds in such aggregate principal amounts as the department, with the approval of
the Governor, may determine to be advisable, for the purpose of providing funds for the acquisition,
construction, equipment or improvement of docks facilities, together with the expenses incident
to the authorization, issuance and sale of such docks facilities revenue bonds. The cost of
so acquiring, constructing, equipping and improving such docks facilities shall be deemed
to include interest that will either accrue or become payable on the docks facilities revenue
bonds issued therefor during the period required for the acquisition, construction, equipment
and improvement of such docks facilities, plus a period not exceeding six months after the
completion thereof. The powers conferred on the department by...
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2-5A-33
Section 2-5A-33 Sale of bonds. The bonds may be sold by the Department of Agriculture and Industries
from time to time in series. Each series of the bonds shall be sold at competitive bid and
at such price or prices and at such time or times as the commissioner may consider advantageous.
Bonds sold by competitive bid shall be sold, whether on sealed bids or at public auction,
to the bidder whose bid reflects the lowest effective borrowing cost to the Department of
Agriculture and Industries on the series of bonds being sold; provided, that if no bid acceptable
to the commissioner is received, he or she may reject all bids. Summary notice of each such
sale shall be given by publication in either a financial journal or a financial newspaper
published in the City of New York, New York, and also by publication in a newspaper published
in the State of Alabama which is customarily published not less often than three days during
each calendar week, each of which notices must be published at...
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14-2-19
Section 14-2-19 Bonds - Disposition of proceeds. (a) All proceeds derived from the sale of
any bonds, except refunding bonds, sold by the authority, remaining after payment of the expenses
of issuance thereof, shall be turned over to the State Treasurer, shall be carried 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: (1) Acquiring land for and constructing, reconstructing and equipping
thereon one or more facilities; (2) Constructing additional improvements on property currently
owned by the Department of Corrections or the authority in order to provide for additional
bedspace; (3) Paying all reasonable and necessary expenses incidental thereto, including filing,
recording, surveying, legal and engineering fees and expenses; (4) Paying the interest which
will accrue on the said bonds during the period required for the construction and equipment
of the said facilities and for a period not exceeding...
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22-3A-11
Section 22-3A-11 Sale of bonds. Bonds of the authority (including refunding bonds) may be sold
at such price(s) and at such time(s) as the directors may consider advantageous, either at
public sale through competitive bidding or by private sale through negotiation with the prospective
purchaser. The authority may fix the terms and conditions under which each sale of bonds may
be held. The authority may pay out of the proceeds from the sale of the bonds all expenses,
including, but not limited to, fees, premiums, discounts, insurance premiums and commissions
and letters of credit or other credit enhancement fees, as the directors may deem necessary
or advantageous. Neither a public hearing nor consent by the State Department of Finance or
any other department or agency shall be a prerequisite to the issuance of any of the bonds.
All bonds issued by the authority shall contain a recital that they are issued pursuant to
the provisions of this chapter, which recital shall be conclusive...
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22-3A-15
Section 22-3A-15 Disposition of proceeds of bonds; Public Health Facilities Building Fund;
powers of authority; improvement and construction defined; supervision; bidding. (a) The proceeds
of the bonds, other than refunding bonds, remaining after paying the expenses of their sale
and issuance shall be turned in to the State Treasury and all income derived from the investment
of said proceeds (including income from the investment of proceeds held in the Debt Service
Reserve Fund to the extent provided in the resolution, trust indenture or other documents
pursuant to which the bonds shall be issued) shall be carried in a special fund to be designated
the Public Health Facilities Building Fund, and shall be subject to be drawn on by the authority
for the purpose of paying the costs of acquiring, constructing, improving and equipping such
public health facilities in the state as shall be determined by the authority. Subject to
the provisions of Section 22-3A-19, the authority shall have...
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33-2-200
Section 33-2-200 Definitions. The words and terms used in this division shall have the same
definitions as provided in Section 33-2-180. In addition, the following words and terms shall
be given the following respective meanings: (1) INDENTURE. Any mortgage, indenture of mortgage,
deed of trust, trust agreement, or trust indenture executed by the department as security
for its special purpose obligations. (2) PRIVATE FACILITIES. Any and all kinds of buildings,
improvements, equipment, or other facilities for the use and benefit of one or more commercial
enterprises engaged in the manufacturing, processing, assembling, storing, warehousing, distributing,
or selling of any products of agriculture, mining, or industry, or other commercial activity
or research in connection therewith which is determined by the department's board of directors,
in its discretion, to aid commerce and use of the waterways of the state. (3) PRIVATE FACILITY
PAYMENTS. Rentals or other payments made to the...
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41-10-360
Section 41-10-360 Sale of bonds at public auction; rejection of bids; notice of sale; terms
and conditions of sale; expenses, fees, etc.; recital that bonds issued pursuant to article.
Each series of the bonds shall be sold at such time or times as the directors may determine
at public sale pursuant to competitive bidding, either on sealed bids or at public auction,
to the bidder whose bid reflects the lowest total net interest cost to the authority for the
bonds being sold, computed from the date of those at the time being sold to their respective
maturities; provided, that if no bid acceptable to the authority is received it may reject
all bids. Notice of the sale of any bonds at public sale shall be given either (1) by publication
in either a financial journal or a financial newspaper published in the City of New York,
New York, or (2) by publication in a newspaper published in the state which is customarily
published not less often than six days during each calendar week, which...
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41-10-468
Section 41-10-468 Use of proceeds from sale of bonds. All proceeds derived from the sale of
any bonds (except refunding bonds) sold by the authority remaining after payment of the expenses
of issuance thereof and the funding of any required reserve or replacement fund shall be turned
over to the State Treasurer, shall be carried by the State Treasurer 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 constructing, renovating, reconstructing, improving, altering, adding
to, demolishing, and equipping one or more public office buildings (including the State Capitol),
surfacing and resurfacing of land for parking and other uses to produce revenue, and all reasonable
and necessary expenses incidental thereto, including interest which shall accrue on said bonds
during the construction, renovation, reconstruction, improvement, alteration, addition, demolition,
and equipping of said buildings, surfacing and...
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