45-29-140.04
Section 45-29-140.04 Board of directors. (a) The Fayette County Water Coordinating and Fire Prevention Authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. (b) The initial board of directors shall consist of the three citizens appointed to incorporate the authority and four other directors to be appointed within 45 days after the date the authority is incorporated as follows: (1) The Fayette County Commission shall appoint two members of the board of directors. (2) The Fayette County Firefighters Association shall appoint one member from their association who shall serve an initial term of one year. (3) With each incorporated municipality regardless of size having one vote in the selection, the elected mayors of all incorporated municipalities in Fayette County shall appoint one director who shall serve an initial term of two years. (4) The chairs of the water authorities in Fayette County...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-140.04.htm - 4K - Match Info - Similar pages
45-29-90.13
Section 45-29-90.13 Execution of bonds; pledge of revenues, receipts, and other security. All bonds issued by the authority shall be signed by the chair of its board of directors and attested by its secretary-treasurer, and the seal of the authority shall be affixed thereto, and any interest coupons applicable to the bonds of the authority shall be signed by the chair; provided, that a facsimile of the signature of one, but not both, of the officers may be printed or otherwise reproduced on any such bonds in lieu of his or her manually signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced on any such bonds in lieu of being manually affixed thereto, and a facsimile of the signature of the chair of its board of directors may be printed or otherwise reproduced on any such interest coupons in lieu of his or her manually signing the same. Any such bonds may be executed and delivered by the authority at any time, and from time to time, shall be in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-90.13.htm - 4K - Match Info - Similar pages
45-37-90.06
bonds shall be payable solely from taxes made payable to the authority by any act of the Legislature heretofore or hereafter adopted and from the revenues of the authority derived from the activities, operations, and enterprises in which the authority is hereby authorized to engage. As security for any money so borrowed, together with interest thereon, and any obligations incurred or assumed, the authority, in its discretion, may mortgage, pledge, or otherwise transfer and convey its real, personal, and mixed property, or any part or parts thereof, whether then owned or thereafter acquired, including any franchises then owned or thereafter acquired, and all or any part of the taxes payable to the authority under any act of the Legislature heretofore or hereafter adopted, and all or any part of revenues desired from the activities, operation, and enterprises in which the authority is hereby authorized to engage. In the resolution authorizing such revenue bonds or the mortgage given to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-90.06.htm - 9K - Match Info - Similar pages
45-37A-41
the property for state taxes and all mortgages of record notice by personally serving upon such person, firm, association, or corporation a copy of the notice to remedy the unsafe or dangerous condition of such building or structure, or to demolish the same, within a reasonable time set out in the notice, which time shall not be less than 60 days or suffer such building or structure to be demolished by such city and the cost thereof assessed against the property. In the event that such personal service is returned not found after not less than two attempts, such notice may be given by registered or certified mail. The mailing of such registered mail notice, properly addressed and postage prepaid, shall constitute notice as required herein. Notice of such order, or a copy thereof, prior to the delivery or mailing of the same as required by the immediately preceding sentence, shall also be posted at or within three feet of an entrance to the building or structure, provided that if...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-41.htm - 8K - Match Info - Similar pages
45-37A-56.35
Section 45-37A-56.35 Security of bonds. In the discretion of the authority any bonds may be issued under and secured by an indenture between the authority and a trustee. The trustee may be a private person or corporation, including, but not limited to, any trust company or bank having trust powers, whether such bank or trust company is located within or without the state. In any such indenture or resolution providing for the issuance of bonds the authority may pledge, for payment of the principal of and the interest on such bonds, any of its revenues to which its right then exists or may thereafter come into existence and may assign, as security for such payment, any of its leases, franchises, permits, and contracts; and in any such indenture the authority may mortgage any of its properties, including any properties thereafter acquired by it. Any such pledge of revenues shall be valid and binding from the time it is made, and the revenues so pledged and thereafter received by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-56.35.htm - 4K - Match Info - Similar pages
45-38-141.04
Section 45-38-141.04 Board of directors. (a) The Lamar County Water Coordinating and Fire Prevention Authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. (b) The initial board of directors shall consist of the three citizens appointed to incorporate the authority and four other directors to be appointed within 45 days after the date the authority is incorporated as follows: (1) The incorporator appointed by the Lamar County Commission shall serve an initial term of two years. (2) The Lamar County Rescue Squad Association shall appoint one member from their association who shall serve an initial term of one year. (3) The Lamar County Firefighters Association shall appoint one member from their association who shall serve an initial term of one year. (4) With each incorporated municipality regardless of size having one vote in the selection, the elected mayors of all incorporated municipalities...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-38-141.04.htm - 4K - Match Info - Similar pages
45-39A-11.05
bonds shall be payable solely from taxes made payable to the authority by an act of the Legislature heretofore or hereafter adopted and from the revenues of the authority derived from the activities, operations, and enterprises in which the authority is hereby authorized to engage. As security for any money so borrowed, together with interest thereon, and any obligations incurred or assumed, the authority, in its discretion, may mortgage, pledge, or otherwise transfer and convey its real, personal, and mixed property, or any part or parts thereof, whether then owned or thereafter acquired, including any franchises then owned or thereafter acquired, and all or any part of the taxes payable to the authority under any act of the Legislature heretofore or hereafter adopted and all or any part of revenues derived from the activities, operation, and enterprises in which the authority lawfully engages. In the resolution authorizing such revenue bonds or the mortgage given to secure the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.05.htm - 9K - Match Info - Similar pages
45-47-250.04
Section 45-47-250.04 Board of directors. (a) The Marion County Public Water Authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. (b) The initial board of directors shall consist of three citizens appointed to incorporate the authority and six other directors to be appointed within 45 days after the date the authority is incorporated as follows: (1) In addition to the appointment of one of the incorporators who shall serve an initial term of six years, the Marion County Commission shall appoint the county engineer as one director. (2) The Marion County Firefighters Association shall appoint one member from their associations who shall serve an initial term of two years. (3) With each incorporated municipality, regardless of size, having one vote in the selection, the elected mayors of all incorporated municipalities in Marion County shall appoint one director who shall serve an initial term of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-47-250.04.htm - 4K - Match Info - Similar pages
45-49A-63.80
Section 45-49A-63.80 Benefit payments. (a) Benefits payable to a member under Section 45-49A-63.60, Section 45-49A-63.61, or subsection (a) of Section 45-49A-63.62 shall be payable in monthly installments beginning on the first day after the latest of (1) the day the member retires or terminates his or her employment, (2) the board approves the member's benefit, or (3) the member has elected an optional form of benefit in accordance with Section 45-49-63.82; however, if a member's benefit had not commenced by the later of the first day following his or her termination of employment as a uniformed officer or the April 1 following the calendar year in which he or she attains age 70 1/2, he or she shall begin to receive his or her benefit on such date in accordance with Option 1 in Section 45-49A-63.81 if he or she is not married on such date or in accordance with the 50 percent survivor benefit in Option 2 of Section 45-49A-63.81 with his or her spouse as his or her beneficiary if he or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-63.80.htm - 2K - Match Info - Similar pages
11-54-179
Section 11-54-179 Bonds of authority generally. (a) Source of payment. All bonds issued by an authority shall be payable solely out of the revenues and receipts derived from the leasing or sale by the board of its projects or of any thereof as may be designated in the proceedings of the board under which the bonds shall be authorized to be issued. (b) Pledge of revenues, receipts and other security. The principal of and interest on any bonds issued by an authority shall be secured by a pledge of the revenues and receipts out of which the same may be payable and may be secured by a mortgage and deed of trust or trust indenture conveying as security for such bonds all or any part of the property of the authority from which the revenues or receipts so pledged may be derived. The resolution under which the bonds are authorized to be issued and any such mortgage and deed of trust or trust indenture may contain any agreements and provisions respecting the operation, maintenance and insurance...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-179.htm - 5K - Match Info - Similar pages
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