14-2-12
Section 14-2-12 Bonds - Authorization. (a) For the purpose of providing funds for the acquisition
of sites, for the construction, reconstruction, alteration and improvement of facilities,
for the procurement and installation of equipment therefor and for payment of obligations
incurred and the principal of and interest on any temporary loans made for any of the said
purposes, the authority is hereby authorized, from time to time, to sell and issue, in addition
to all bonds heretofore authorized to be issued by the authority, its bonds in such aggregate
principal amounts as may be determined by the corporation to be necessary for the said purposes
but not to exceed $25,000,000, plus an additional seven million five hundred thousand dollars
($7,500,000) pursuant to Act 97-950, in aggregate principal amount. (b) In addition to the
authorization provided in subsection (a), the authority is hereby authorized, from time to
time, to sell and issue its bonds in amounts determined by the...
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2-3A-8
Section 2-3A-8 Bonds of the authority. (a) Source of payment. All bonds issued by the authority
shall be payable solely out of the revenues and other receipts of the authority as may be
designated in the proceedings of the board under which the bonds shall be authorized to be
issued. (b) Pledge of revenues and other security. The principal of and interest on any bonds
issued by the authority shall be secured by a pledge of the revenues and other receipts out
of which the same may be payable and may be secured by a trust indenture evidencing such pledge
or by a foreclosable mortgage and deed of trust conveying as security for such bonds all or
any part of the property of the authority from which the revenues so pledged may be derived.
The resolution under which the bonds are authorized to be issued or any such trust indenture
or mortgage may contain any agreements and provisions respecting the maintenance and insurance
of the property covered by such trust indenture or mortgage, the use...
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33-2-126
Section 33-2-126 General provisions relative to inland facilities bonds. In order to provide
funds for the purposes of this article, there are hereby authorized to be sold and issued
bonds of the state not exceeding $2,000,000.00 in aggregate principal amount, under and subject
to the provisions hereinafter set forth. The bonds shall be designated as inland facilities
bonds of the state. The bonds shall be general obligations of the state for payment of the
principal of and interest on which the full faith and credit of the state are hereby irrevocably
pledged. The bonds may be issued from time to time in one or more series, shall bear an appropriate
series designation, shall be in such form and denominations and of such tenor and maturities,
shall bear such rate or rates of interest payable in such manner, may contain provisions for
redemption prior to maturity, and may contain other provisions not inconsistent herewith,
all as shall be set forth in an order or resolution of the...
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33-2-156
Section 33-2-156 General provisions relative to inland facilities bonds. In order to provide
funds for the purposes of this article, there are hereby authorized to be sold and issued
bonds of the state not exceeding $10,000,000.00 in aggregate principal amount, under and subject
to the provisions hereinafter set forth. The bonds shall be designated as inland facilities
bonds of the state, series 1970. The bonds shall be general obligations of the state for payment
of the principal of and interest on which the full faith and credit of the state are hereby
irrevocably pledged. The bonds may be issued from time to time in one or more series, shall
bear an appropriate series designation, shall be in such form and denominations and of such
tenor and maturities, shall bear such rate of interest payable in such manner, may contain
provisions for redemption prior to maturity, and may contain other provisions not inconsistent
herewith, all as shall be set forth in an order or resolution of the...
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33-2-37
Section 33-2-37 General provisions relative to additional inland waterways improvement bonds.
In order to provide funds for the purposes of this article, there are hereby authorized to
be sold and issued bonds of the state not exceeding $3,500,000.00 in aggregate principal amount,
under and subject to the provisions hereinafter set forth. The bonds shall be designated as
inland waterways improvement bonds of the state. The bonds shall be general obligations of
the state, for payment of the principal of and interest on which the full faith and credit
of the state are hereby irrevocably pledged. The bonds may be issued from time to time in
one or more series, shall bear an appropriate series designation, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable in such manner, may contain provisions for redemption prior to maturity, and may contain
other provisions not inconsistent herewith, all as shall be set forth in an...
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33-2-67
Section 33-2-67 General provisions relative to additional inland waterways improvement bonds.
In order to provide funds for the purposes of this article, there are hereby authorized to
be sold and issued bonds of the state not exceeding $1,500,000.00 in aggregate principal amount,
under and subject to the provisions hereinafter set forth. The bonds shall be designated as
inland waterway improvement bonds of the state. The bonds shall be general obligations of
the state, for payment of the principal of and interest on which the full faith and credit
of the state are hereby irrevocably pledged. The bonds may be issued from time to time in
one or more series, shall bear an appropriate series designation, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable in such manner, may contain provisions for redemption prior to maturity, and may contain
other provisions not inconsistent herewith, all as shall be set forth in an...
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33-2-97
Section 33-2-97 General provisions relative to additional inland waterways improvement bonds.
In order to provide funds for the purposes of this article, there are hereby authorized to
be sold and issued bonds of the state not exceeding $2,000,000.00 in aggregate principal amount,
under and subject to the provisions hereinafter set forth. The bonds shall be designated as
inland waterway improvement bonds of the state. The bonds shall be general obligations of
the state, for payment of the principal of and interest on which the full faith and credit
of the state are hereby irrevocably pledged. The bonds may be issued from time to time in
one or more series, shall bear an appropriate series designation, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable in such manner, may contain provisions for redemption prior to maturity, and may contain
other provisions not inconsistent herewith, all as shall be set forth in an...
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9-15-82
Section 9-15-82 Article not to apply to certain transfers, reversions, sales, etc. (a) This
article shall not apply to the transfers of real property between departments, boards, bureaus,
commissions, institutions, corporations, or agencies of the state. These transfers may be
made by mutual agreements between the chief executive officers of the respective departments
with the approval of the Governor. This article shall not apply to the leasing or sale of
timber from unused lands under Section 9-15-1 et seq.; to the leasing or sale of timber from
school lands and swamp and overflowed lands under Section 9-15-30 et seq.; to the leasing
of oil, gas, and other minerals under Section 9-17-60 et seq.; real property sold by the Department
of Revenue under tax sales and redemptions; to the sale of property by the Alabama Historical
Commission under Section 41-9-249(7); to reversions made under Section 31-4-18; to the sale
or conveyance of real property by the Alabama Housing Finance...
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41-10-674
Section 41-10-674 Authorization to issue bonds. (a) General. The authority is authorized from
time to time to sell and issue the bonds in one or more series in an aggregate principal amount
of up to one hundred three million seven hundred sixty thousand dollars ($103,760,000) in
order to provide the funds to pay project costs, ancillary costs and training costs. In addition,
proceeds of the bonds in an amount up to four million six hundred fifty-five thousand dollars
($4,655,000) shall be used to pay the cost of reconstructing and improving the flood levee
located in Elba, Alabama and proceeds in an amount up to five million eight hundred ten thousand
dollars ($5,810,000) shall be used to pay the cost of reconstructing and improving the flood
levee located in Geneva, Alabama. Of the proceeds of the bonds an amount up to seven hundred
sixty thousand dollars ($760,000) shall be allocated for the acquisition of high technology
and audio-visual equipment for an advanced aerospace training...
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11-54-143
Section 11-54-143 Bonds issued to finance projects. All bonds issued by a municipality under
authority of this article shall be limited obligations of the municipality the principal of
and interest on which shall be payable solely out of the revenues derived from the leasing
of the project to finance which the bonds are issued. Bonds and interest coupons issued under
authority of this article shall never constitute an indebtedness of the municipality within
the meaning of any state constitutional provision or statutory limitation, and shall never
constitute nor give rise to a pecuniary liability of the municipality or a charge against
its general credit or taxing powers, and such fact shall be plainly stated in the face of
each such bond. Such bonds may be executed and delivered at any time and from time to time,
may be in such form and denominations, may be of such tenor, may be in registered or bearer
form either as to principal or interest or both, may be payable in such...
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