33-15-7
Section 33-15-7 Rates, fees and charges; user permits. (a) Rates, fees and charges for services
rendered by the authority from any of its facilities shall be fixed and from time to time
revised by the authority; provided, that such rates, fees and charges shall be so fixed as
at all times to provide funds at least sufficient: (1) To pay the cost of operating, maintaining,
repairing, replacing, extending and improving the facilities and other property from which
such services are rendered; (2) To pay the principal of and the interest on all bonds issued
and obligations assumed by the authority that are payable out of the revenues derived from
the operation of those facilities as the said principal and interest become due and payable;
(3) To create and maintain such reserves for the foregoing purposes or any of them as may
be provided in any mortgage and deed of trust or trust indenture executed by the authority
hereunder or in any resolutions of the board of directors authorizing the...
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11-101A-6
Section 11-101A-6 Board of directors. (a) Each corporation shall be governed by a board of
directors composed of the number of directors provided in the certificate of incorporation
as most recently amended. Unless provided to the contrary in its certificate of incorporation,
all powers of the authority shall be exercised by the board or pursuant to this authorization.
Subject to the provisions of subdivision (8) of subsection (b) of Section 11-101A-4, the board
shall consist of directors having those qualifications, being elected or appointed by that
person or persons, including, without limitation, the board itself, one or more authorizing
subdivisions, or other counties and municipalities, and other entities or organizations and
in the manner, and serving for the terms of office, all as shall be specified in the certificate
of incorporation of the authority. Notwithstanding the foregoing, no fewer than a majority
of the directors shall be elected by the governing body or bodies of...
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11-54-174
Section 11-54-174 Procedure to incorporate; contents and execution of certificate of incorporation;
filing. Within 40 days following the adoption of an authorizing resolution the applicants
shall proceed to incorporate an authority by filing for record in the office of the judge
of probate of the county or one of the counties in which the authorizing municipality is located
a certificate of incorporation which shall comply in form and substance with the requirements
of this section and which shall be in the form and executed in the manner herein provided.
The certificate of incorporation of the authority shall state: (1) The names of the persons
forming the authority. (2) The name of the authority (which shall be "The Commercial
Development Authority of the City of _____," with the insertion of the name of the authorizing
municipality, unless the Secretary of State shall determine that such name is identical to
the name of any other corporation organized under the laws of the state or...
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11-54A-13
Section 11-54A-13 Notice of bond resolution; 30 days to bring action to question bond validity.
Upon the adoption by the board of the authority of any resolution providing for the issuance
of bonds, the authority may cause to be published once a week for two consecutive weeks, in
a newspaper published or having general circulation in the city, a notice in substantially
the following form (the blanks being properly filled in) at the end of which shall be printed
the name and title of either the chairman or secretary of such authority. "The _____
Redevelopment Authority, a public corporation under the laws of the State of Alabama, on the
_____ day of _____ authorized the issuance of $_____ principal amount of bonds of the public
corporation for purposes authorized in the act of the Legislature of Alabama under which the
public corporation was organized. Any action or proceeding questioning the validity of the
bonds, or the pledge and the mortgage and deed of trust or trust indenture to...
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45-23A-91.12
Section 45-23A-91.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority may, in its discretion,
cause to be published once a week for two consecutive weeks, in a newspaper published or having
a general circulation in the city, a notice in substantially the following form (the blanks
being properly filled in) at the end of which shall be printed the name and title of either
the chair or secretary of such authority: "Ozark Downtown Redevelopment Authority, a
public corporation under the laws of the State of Alabama, on the _____ day of _____, authorized
the issuance of $_____ principal amount of bonds of the public corporation for purposes authorized
in the act of the Legislature of Alabama under which the public corporation was organized.
Any action or proceeding questioning the validity of the bonds, or the pledge and the mortgage
and deed of trust or trust indenture to secure the same, or...
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45-27A-31.12
Section 45-27A-31.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority may, in its discretion,
cause to be published once a week for two consecutive weeks, in a newspaper published or having
a general circulation in the city, a notice in substantially the following form, the blanks
being properly filled in, at the end of which shall be printed the name and title of either
the chair or secretary of such authority: "The Brewton Development Authority, a public
corporation under the laws of the State of Alabama, on the ___ day of ___, authorized the
issuance of $____ principal amount of bonds of the public corporation for purposes authorized
in the act of the Legislature of Alabama under which the public corporation was organized.
Any action or proceeding questioning the validity of the bonds, or the pledge and the mortgage
and deed of trust or trust indenture to secure the same, or the...
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45-39-92.40
Section 45-39-92.40 Definitions. For the purposes of this subpart, the following terms shall
have the respective meaning ascribed by this section: (1) AUTHORIZED MUNICIPALITIES. The Cities
of Sheffield, Tuscumbia, Muscle Shoals, Cherokee, Littleville, Leighton, Florence, Rogersville,
Killen, Anderson, Lexington, St. Florian, and Waterloo. (2) COUNTY. Lauderdale County which
is authorized to levy excise taxes pursuant to this subpart. (3) DISTRIBUTOR. Any person who
engages in the selling of gasoline or motor fuel in this state by wholesale domestic trade,
but shall not apply to any transaction of such distributor in interstate commerce. (4) GASOLINE.
Gasoline, naphtha, and other liquid motor fuels or any device or substitute therefor commonly
used in internal combustion engines; provided, that such term shall not be held to apply to
those products known commercially as kerosene oil, fuel oil, or crude oil when used for lighting,
heating, or industrial purposes. (5) LOCAL PUBLIC...
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45-41A-10.12
Section 45-41A-10.12 Notice of bond resolution. Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority, in its discretion,
may cause to be published once a week for two consecutive weeks, in a newspaper published
or having a general circulation in the city, a notice in substantially the following form
(the blanks being properly filled in) at the end of which shall be printed the name and title
of either the chair or secretary of such authority: "The Auburn Downtown Redevelopment
Authority, a public corporation organized and existing under the laws of the State of Alabama
(the 'Authority'), after notice published on the ______ day of ______, 20__ , in ______, a
newspaper of general circulation in the City of Auburn, Alabama, held a public hearing on
the ______ day of ______, 20__ , regarding its proposed issuance of $_____ principal amount
of bonds of the Authority for purposes authorized in the act of the Legislature of...
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45-41A-40.12
Section 45-41A-40.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority, in its discretion,
may cause to be published once a week for two consecutive weeks, in a newspaper published
or having a general circulation in the city, a notice in substantially the following form,
the blanks being properly filled in, at the end of which shall be printed the name and title
of either the chair or secretary of such authority: "The Opelika Downtown Development
Authority, a public corporation under the laws of the State of Alabama, on the _____ day of
_____, authorized the issuance of $_____ principal amount of bonds of the public corporation
for purposes authorized in the act of the Legislature of Alabama under which the public corporation
was organized. Any action or proceeding questioning the validity of the bonds, or the pledge
and the mortgage and deed of trust or trust indenture to secure the...
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45-8A-111.12
Section 45-8A-111.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority may, in its discretion,
cause to be published once a week for two consecutive weeks, in a newspaper published or having
a general circulation in the city, a notice in substantially the following form (the blanks
being properly filled in) at the end of which shall be printed the name and title of either
the chairman or secretary of such authority: "The Oxford Downtown Development Authority,
a public corporation under the laws of the State of Alabama, on the ___ day of ___, authorized
the issuance of $ ______ principal amount of bonds of the public corporation for purposes
authorized in the act of the Legislature of Alabama under which the public corporation was
organized. Any action or proceeding questioning the validity of the bonds, or the pledge and
the mortgage and deed of trust or trust indenture to secure...
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