41-10-755
Section 41-10-755 Bonds of the authority. (a) General. The authority is authorized from time to time to sell and issue its bonds for the purpose of providing funds to be transferred to and deposited in the Alabama Trust Fund and the Rainy Day Account, to provide additional funds to the Alabama Medicaid Agency, for paying the costs of transportation projects, and for the purpose of refunding any or all of the authority's outstanding bonds. (b) Sources of payment. Bonds issued by the authority shall be solely and exclusively an obligation of the authority and shall not create an obligation or debt of the state. Such bonds shall not be general obligations of the authority but shall be payable solely from one or more of the following sources: (1) Appropriated funds. (2) The income or proceeds realized by the authority under any mortgage or security granted to the authority. (3) Amounts derived from any letter of credit, insurance policy, or other form of credit enhancement applicable to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-755.htm - 5K - Match Info - Similar pages
41-9-433
Section 41-9-433 Form, terms, denominations, etc., of bonds; sale; redemption; execution of bonds and coupons. All bonds shall be issued, subject to the approval of the Governor, in such forms, denominations, series and numbers, may be of such tenor and maturities, may bear such date or dates, may be in registered or bearer form either as to principal or interest or both with rights of conversion into another form, may be payable in such installments and at such place or places, may bear interest at such rate or rates payable and evidenced in such manner and may contain provisions for redemption at the option of the state, to be exercised by said commission at such date or dates prior to their maturity and upon payment of such redemption price or prices, as shall be provided by said commission in the resolution or resolutions whereunder the bonds are authorized to be issued. The principal of each series of bonds shall mature in annual installments in such amounts as shall be specified...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-433.htm - 3K - Match Info - Similar pages
41-9-473
Section 41-9-473 Form, maturity, sale, etc., of bonds. All bonds shall be issued, subject to the approval of the Governor, in such forms, denominations, series and numbers, may be of such tenor and maturities, may bear such date or dates, may be in registered or bearer form either as to principal or interest or both with rights of conversion into another form, may be payable in such installments and at such place or places, may bear interest at such rate or rates payable and evidenced in such manner and may contain provisions for redemption at the option of the state to be exercised by said commission at such date or dates prior to their maturity and upon payment of such redemption price or prices, all as shall be provided by said commission in the resolution or resolutions whereunder the bonds are authorized to be issued. The principal of each series of bonds shall mature in annual installments in such amounts as shall be specified in the resolution or resolutions of the said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-473.htm - 3K - Match Info - Similar pages
45-15-130.08
Section 45-15-130.08 Requisition for expenditure of funds; appropriation by commission. The authority of the county engineer to expend funds shall be limited to the requisition for the expenditure of funds for the purpose of construction, maintenance, or repairs of public roads, bridges, ferries, or any other duties for Cleburne County as may be set aside and appropriated by the commission as hereinafter provided. It shall be the duty of the commission at some meeting in September of each calendar year, or not later than the first meeting in October following, by order or resolution spread upon the minutes, to fix and determine the amount of funds which will be available for the purpose of building, maintaining, and constructing public roads, bridges, and ferries of Cleburne County for the current fiscal year, beginning on October 1st, which amount, other than the salary of the county engineer, shall not be exceeded in the performance of duties required of the county engineer for that...
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45-23-130.08
Section 45-23-130.08 Expenditure of funds; appropriation by commission. The authority of the county engineer to expend funds shall be limited to the requisition for the expenditure of funds for the purpose of construction, maintenance, or repairs of public roads, bridges, ferries, or any other duties for Dale County as may be set aside and appropriated by the commission as hereinafter provided. It shall be the duty of the commission at some meeting in September of each calendar year, or not later the the first meeting in October following, by order or resolution spread upon the minutes, to fix and determine the amount of funds which will be available for the purpose of building, maintaining, and constructing public roads, bridges, and ferries of Dale County for the current fiscal year, beginning on October 1st, which amount, other than the salary of the county engineer, shall not be exceeded in the performance of duties required of the county engineer for that period. The commission is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23-130.08.htm - 1K - Match Info - Similar pages
11-43B-30
Section 11-43B-30 Purchase of labor services, materials, etc., from elected officials or employees. Notwithstanding any statute or law to the contrary, any Class 4 municipality which adopts this form of mayor-council government may legally purchase or lease from any of the elected officials or employees of such municipality any labor, services, work, materials, equipment, or supplies under the competitive bidding procedures established by Section 41-16-50 et seq., and such elected official or employee may legally sell same to the municipality under those procedures. The elected official or employee, if he or she proposes to bid, shall not participate in the decision-making process determining the need for or the purchase of such personal service or personal property, or in the determination of the successful bidder. The council shall affirmatively find that the elected official or employee, from whom the purchase is to be made, is the lowest responsible bidder as required by said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43B-30.htm - 3K - Match Info - Similar pages
23-1-60
Section 23-1-60 Authority of Director of Transportation to alter plans or character of work, determine need for extra work, make supplemental agreements, etc. The following implementation of the provisions of the State Department of Transportation standard specifications for highways and bridges is hereby adopted as a statutory provision, any and all other laws in conflict notwithstanding: (1) ALTERATION OF PLANS OR CHARACTER OF WORK. The Director of Transportation shall have the authority to make, at any time during the progress of any construction on any highway project under his or her jurisdiction, such changes or alterations of construction details, including alterations in grade or alignment of roadway or bridges, or both, as may be necessary or desirable for the successful completion of the project. The aforementioned changes or alterations may or may not increase or decrease the original planned quantities; however, under no circumstances shall changes or alterations involve...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-60.htm - 3K - Match Info - Similar pages
39-3-2
Section 39-3-2 Contractors, etc., engaged in construction of public buildings, improvements or works for state or political subdivisions thereof to employ only workmen and laborers actually residing within state for two years preceding employment; procedure when said workmen or laborers not available; applicability of provisions of section. Every public officer, contractor, superintendent or agent engaged in or in charge of the construction of any state or public building or public improvement or works of any kind for the State of Alabama or any board, municipal commission or governmental agency of the State of Alabama or municipality in the State of Alabama shall employ only workmen and laborers who have actually resided in Alabama for two years next preceding such employment. In the event workmen or laborers qualified under the provisions of this section are not available, then the contractor, officer, superintendent, agent or person in charge of such work shall notify in writing the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-3-2.htm - 3K - Match Info - Similar pages
45-10-170.20
Section 45-10-170.20 Creation; composition; powers; advisory committee. (a) For purposes of this section, the term "decentralized wastewater system" is defined as a system for collection, treatment, and dispersal or reuse of wastewater from clusters of homes and businesses near the point of origin of wastewater generation, in which solids, greases, and oils are collected in an interceptor tank. (b)(1) There is created the Cherokee County Decentralized Wastewater System Authority to oversee the construction, maintenance, and operation of decentralized wastewater systems in Cherokee County. The jurisdiction of the authority shall include the unincorporated areas of Cherokee County. Any municipality in Cherokee County may elect to come under the jurisdiction of the Decentralized Wastewater Authority upon the adoption of a resolution and, once under the jurisdiction, may remove itself from the jurisdiction of the authority upon the adoption of a resolution. (2) The authority shall consist...
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45-37A-56.30
Section 45-37A-56.30 Operation or leasing of parking facilities. (a) As used in this section, the word person means a natural person, a corporation, a partnership, or unincorporated association. (b) It is hereby declared to be the public policy of this state, with respect to each parking facility, that upon an authority's acquiring a parking facility the authority shall carefully consider and decide, whether it is in the public interest that the authority itself operate such facility, enter into a contract with some person to operate such facility for the authority, or lease such facility. Among the factors the authority shall consider in making such decision are the following: (1) The relative efficiency of the alternate operations. (2) The relative economy of the three alternate operations. (3) The overall advantage and benefit to the authority and the public of the alternate operations. (c) In order to make the foregoing determination the authority shall ascertain the following: The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-56.30.htm - 2K - Match Info - Similar pages
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