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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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-360.htm - 2K - Match Info - Similar pages
41-10-268
Section 41-10-268 Authorization, issuance and sale of bonds. The authority is hereby
authorized from time to time to sell and issue its interest-bearing or noninterest-bearing
bonds, in one or more series, not to exceed an aggregate principal amount of $40,000,000.00,
excluding refunding bonds described in Section 41-10-277, for the purpose of providing
funds for the acquisition, construction, installation and equipping of judicial facilities,
and for payment of obligations incurred for any of said purposes. Bonds of the authority may
be in such form and denominations, may be of such tenor, may be payable in such installments
and at such time or times not exceeding 30 years from their date, may be payable at such place
or places, may be redeemable at such times and under such conditions, may bear interest at
such rate or rates payable and evidenced in such manner or may be structured to bear no interest
or to reflect compound interest and may be secured in such manner, all as shall not...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-268.htm - 2K - Match Info - Similar pages
41-10-93
Section 41-10-93 Authority for issuance of bonds by corporation; liability upon bonds;
form, terms, denominations, etc.; redemption; sale; payment of expenses in connection with
authorization, sale and issuance; bonds to contain recital as to authority for issuance; bonds
to be deemed negotiable instruments. The corporation is authorized at any time and from time
to time to issue its interest-bearing revenue bonds for the purpose of acquiring, constructing,
improving, enlarging, completing and equipping one or more projects. The principal of and
interest on any such bonds shall be payable solely out of the rent, revenues and income derived
from the project with respect to which such bonds are issued. None of the bonds of the corporation
shall ever constitute an obligation or debt of the state, the county or the municipality or
a charge against the credit or taxing power of the state, the county or municipality. The
bonds of the corporation may be in such form and denomination, may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-93.htm - 3K - Match Info - Similar pages
41-10-28
Section 41-10-28 Execution of bonds and interest coupons; form, terms, denominations,
etc., of bonds; sale; refunding bonds; liability upon bonds; pledges of certain funds as security
for payment of principal and interest on bonds generally; bonds to be deemed negotiable instruments;
bonds and income therefrom exempt from taxation; use of bonds as security for deposits of
funds of state, etc.; investment of certain state funds and private trust funds in bonds;
public hearing or consent of Department of Finance, etc., not a prerequisite to issuance of
bonds. The bonds of the authority shall be signed by its president and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to such bonds shall be signed by the president; provided, that a facsimile of the signature
of one, but not both, of said officers may be printed or otherwise reproduced on any such
bonds in lieu of being manually subscribed thereon, a facsimile of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-28.htm - 7K - Match Info - Similar pages
4-3-14
Section 4-3-14 Issuance and sale of bonds by authority; form, denominations, terms,
etc., of bonds. The authority shall have the power and is hereby authorized at any time and
from time to time to issue and sell its interest-bearing revenue bonds for any of its corporate
purposes. The principal of and the interest on all such bonds shall be payable solely from,
and may be secured by a pledge of, the revenues derived by the authority from the operation
of any or all of its airports, heliports, facilities and other property. None of the bonds
issued or contracts entered into by the authority shall ever constitute or create an obligation
or debt of the state or of any county, city or town within the state, or a charge against
the credit or taxing powers of the state or of any county, city or town within the state.
Bonds of the authority may be issued at any time and from time to time, may be in such form
and denominations, may be of such tenor, may be payable in such installments and at...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-14.htm - 3K - Match Info - Similar pages
4-3-51
Section 4-3-51 Bonds - Issuance and sale generally; payment of principal and interest
generally; form, denominations, terms, etc. The authority shall have the power and is hereby
authorized at any time and from time to time to issue and sell its interest-bearing revenue
bonds for any of its corporate purposes. The principal of and the interest on all such bonds
shall be payable solely from, and may be secured by a pledge of, the revenues derived by the
authority from the operation of any or all of its airports, heliports, facilities and other
property. None of the bonds issued or contracts entered into by the authority shall ever constitute
or create an obligation or debt of the state or of any county or municipality within the state,
or a charge against the credit or taxing powers of the state or of any county or municipality
within the state. Bonds of the authority may be issued at any time and from time to time,
may be in such form and denominations, may be of such tenor, may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-51.htm - 3K - Match Info - Similar pages
11-56-10
Section 11-56-10 Bonds - Authority for issuance; security for payment of principal and
interest generally; form, terms, denominations, etc.; sale, redemption, etc. The corporation
is authorized at any time and from time to time to issue its interest-bearing revenue bonds
for the purpose of acquiring, constructing, improving, enlarging, completing and equipping
one or more projects. The principal of and the interest on any such bonds shall be payable
solely out of the revenues derived from the project with respect to which such bonds are issued.
None of the bonds of the corporation shall ever constitute an obligation or debt of the state,
the county or the municipality or a charge against the credit or taxing powers of the state,
the county or the municipality. Bonds of the corporation may be issued at any time and from
time to time, may be in such form and denominations, may be of such tenor, may be payable
in such installments and at such time or times, not exceeding 40 years from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-10.htm - 2K - Match Info - Similar pages
11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds;
security; investment of funds. The bonds of the authority shall be signed by its president
and attested by its secretary and the seal of the authority shall be affixed thereto or a
facsimile of such seal shall be printed or otherwise reproduced thereon; provided, that a
facsimile of the signature of one, but not both, of said officers may be printed or otherwise
reproduced on any such bonds in lieu of being manually subscribed thereon and a facsimile
of the signatures of both of the officers may be printed or otherwise reproduced on such bonds
in lieu of being manually affixed thereof if the authority, in its proceedings with respect
to issuance of the bonds, provides for manual authentication of such bonds. The State Treasurer
shall be registrar, transfer agent, and paying agent for the bonds. The State Treasurer may
designate named individuals who are employees of the state and who are assigned to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-85-107.htm - 7K - Match Info - Similar pages
16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature
finds that the number of students attending the several school systems located in those areas
of North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16A-7.htm - 24K - Match Info - Similar pages
23-1-157
Section 23-1-157 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president or vice president and attested by its secretary; provided, that a facsimile
of the signature of the officers may be imprinted or otherwise reproduced on any such bonds
in lieu of his or her signing the same. The seal of the corporation shall be affixed to such
bonds; provided, that a facsimile of the seal may be imprinted or otherwise reproduced on
any such bonds in lieu of being manually affixed thereon. (b) Any bonds of the corporation
may be executed and delivered at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this article, all as may be provided
by the resolution of the board of directors whereunder such bonds are authorized to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-157.htm - 6K - Match Info - Similar pages
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