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41-9-436
Section 41-9-436 Promotion and advertising of exhibits and facilities by commission; purchase
and acquisition of tangible personal property; operation or leasing of concessions in or on
grounds and facilities of commission. In view of the unique character and complexity of the
duties and responsibilities imposed on the commission by this article, it is hereby specifically
provided that the commission shall have, in addition to the power and authority enumerated
in Section 41-9-432, the right, power and authority to: (1) Develop and institute a program
of promotion and advertising of the exhibits and facilities provided for by this article,
said program of promotion and advertising to be conducted by the commission both within and
without the state in such manner and to such extent as may be deemed economically advisable
and appropriate by the commission; (2) Purchase and acquire items of tangible personal property
on a competitive bid basis in the manner prescribed by law for the...
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41-10-570
Section 41-10-570 Pledge and appropriation of state revenues from TVA payments to pay and redeem
bonds prior to maturity. There is hereby irrevocably pledged and appropriated such amounts
as may be necessary to pay and to redeem prior to their respective maturities the principal
of and the interest on any issue of bonds or to pay the principal of and the interest on any
refunding bonds issued to refund any revenue bonds that shall be issued by the Alabama Incentives
Finance Authority from the revenues retained by the State of Alabama from the in-lieu-of-taxes
payments made by the Tennessee Valley Authority (which are herein called the "TVA payments")
following the distribution of a portion of such TVA payments to certain counties in the State
of Alabama as provided in Section 40-28-2, and following the pledge and appropriation of TVA
payments pursuant to Section 41-9-783, for the Tennessee Valley Exhibit Commission Bonds outstanding
on July 20, 1995. (Acts 1995, No. 95-372, p. 746,...
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16-13-302
Section 16-13-302 Issuance authorized; purposes; refunding warrants; powers of the boards;
mandamus for payment. (a) In addition to all other notes, obligations, warrants, and other
forms or types of indebtedness which any board shall have the power to issue pursuant to laws
other than this article, each board shall have full and continuing power from time to time
to issue and sell warrants for educational and public school purposes, including, without
limitation, the following: (1) For the purpose of paying the costs of public school facilities.
(2) For the purpose of paying or refunding all or any portion (principal or interest or premium)
of any refundable debt then outstanding, whether such refunding shall occur before, at, or
after the maturity of the refundable debt to be refunded. (3) For the payment of extraordinary,
nonrecurring items that are not customarily payable from current revenues, including, without
limitation, casualty losses, legal judgments, and payments due upon...
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16-60-81
Section 16-60-81 Definitions. For the purpose of this article, the following words and phrases
shall have the respective meanings ascribed to them by this section: (1) AUTHORITY. The Alabama
Trade School and Junior College Authority organized under the provisions of this article.
(2) BONDS. The bonds issued under the provisions of this article. (3) BUILDING COMMISSION.
The Alabama Building Commission. (4) JUNIOR COLLEGE. An educational institution offering instruction
in the arts and sciences on the level of difficulty of the first two years above high school
level. (5) ORIGINAL EQUIPMENT. The total original equipment, machinery and facilities acquired
and installed or stored in a trade school or junior college for purposes of instruction, operation
and maintenance. (6) STATE. The State of Alabama. (7) TRADE SCHOOL. An educational institution
offering instruction primarily in useful trades, occupations or vocational skills. Pronouns
used in this article shall be deemed to include all...
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2-6-117
Section 2-6-117 Disposition of refunding bond proceeds. (a) The proceeds of refunding bonds
shall be applied, together with any other moneys legally available, to the payment of the
expenses authorized by this article and to the payment of the principal of, premium, if any,
and interest due and to become due on any outstanding bonds to be refunded. The expenses authorized
by this article shall include, in addition to other expenses authorized by this article, all
expenses that the board of directors may deem necessary or advantageous in connection with
the sale and issuance of refunding bonds, including, without limitation, the expenses of selling
and issuing such refunding bonds, including any discount reflected in the purchase price paid
to the corporation, fees and disbursements of attorneys, accountants, fiscal agents, financial
advisors, and other consultants, fees and disbursements of trustees, escrow agents, registrars,
paying agents, transfer agents, depositories for...
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41-10-469
Section 41-10-469 Use of proceeds of refunding bonds. The proceeds of refunding bonds shall
be applied, together with any other moneys legally available therefor, to the payment of the
expenses authorized by this article and to the payment of the principal of, premium, if any,
and interest due and to become due on any outstanding bonds to be refunded thereby and, if
so required by resolution of the authority, shall be deposited in the State Treasury in an
interest account to pay interest on refunding bonds, and in the State Treasury in a reserve
account to further secure the payment of the principal of, premium, if any, and interest on
any refunding bonds. The expenses authorized by this article shall include, in addition to
expenses authorized by other sections hereof, all expenses that the board of directors may
deem necessary or advantageous in connection with the sale and issuance of such refunding
bonds, including without limitation, the expenses of selling and issuing such...
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41-10-98
Section 41-10-98 Proceeds of bonds not to be used for payment of fees, commissions, etc., for
services in sale, issuance, execution, etc., of bonds; maximum amount payable to attorneys
for services rendered. No part of any of the proceeds of the bonds provided for herein shall
be used for the payment of fees, commission, expense, salary or other remuneration to any
fiscal agent, person, firm or corporation for services in the sale, issuance, execution or
refunding of the bonds provided for in this article, and the total attorneys' fees which may
be paid for services rendered to the authority shall not exceed one half of one percent of
the face amount of the bonds issued under the provisions of this article. (Acts 1965, 1st
Ex. Sess., No. 174, p. 224, ยง29.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-98.htm - 1K - Match Info - Similar pages
41-9-478
Section 41-9-478 Liberal construction of article; additional powers. (a) The provisions of
this article shall be construed liberally, it being the purpose to provide in this state appropriate
housing facilities for displaying to the general public exhibits relating to the automobile
racing industry and the automobile industry and providing for the management and control of
the displays by such means as may be feasible and agreed upon. (b) In view of the unique character
and complexity of the duties and responsibilities imposed on the commission by this article,
it is hereby specifically provided that the commission shall have, in addition to the power
and authority enumerated in Section 41-9-472, the right, power and authority to: (1) Develop
and institute a program of promotion and advertising of the exhibits and facilities provided
for by this article, said program of promotion and advertising to be conducted by the commission
both within and without the state in such manner and to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-478.htm - 2K - Match Info - Similar pages
16-17-1
Section 16-17-1 Definitions. For purposes of this chapter, the following words and phrases
shall be given the following respective meanings: (1) ANCILLARY IMPROVEMENTS. Educational
and related facilities of every kind including, but without limitation to, classrooms, scientific
and other laboratories, libraries, auditoriums, gymnasiums, cafeterias, dining rooms, dormitories,
student and faculty apartments, student union buildings, recreational and social facilities,
student and faculty infirmaries and clinics and facilities for washing, laundering and cleaning
clothing and fabrics of every kind, or any combination of any thereof, and shall also include
equipment and furniture and fixtures used or useful in educational and related facilities
of every kind. (2) APPLICANT.A natural person who files a written application with the governing
body of any municipality in accordance with the provisions of Section 16-17-3. (3) AUTHORITY.
Any public corporation organized pursuant to the...
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41-10-142
Section 41-10-142 Bonds - Issuance; form, terms, denominations, etc.; sale; refunding bonds;
negotiable; security for payment. All bonds issued by an authority may be executed by such
officers of the authority and in such manner as shall be provided in the proceedings of the
board whereunder the bonds shall be authorized to be issued. Any such bonds may be executed
and delivered by an authority at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall contain such provisions not inconsistent
with the provisions of this article and shall bear such rate or rates of interest, payable
and evidenced in such manner as may be provided by resolution of its board. Bonds of an authority
may be sold at either public or private sale in such manner and at such price or prices and
at such time or times as may be determined by the board to be most advantageous. The principal
of or interest on any bonds issued or obligations assumed by an...
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