Code of Alabama

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41-29-300
Section 41-29-300 Establishment; duties; meetings; objectives. (a) The Regional Workforce Development
Councils are hereby established as an appointed group of state business and industry senior
managers. The Regional Workforce Development Councils shall be appointed from the seven regions.
The Deputy Secretary of the Workforce Development Division of the Department of Commerce and
the Chancellor of the Alabama Community College System shall jointly promulgate rules related
to the establishment and governance of these councils. The Deputy Secretary of the Workforce
Development Division of the Department of Commerce shall follow the operating guidelines previously
adopted by the Workforce Development Division of the Alabama Community College System (WDD/ACCS).
The Regional Workforce Development Councils shall provide a direct link to the workforce needs
of business and industry at the local level. The councils shall be business-driven and business-led
and work with their member counties...
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11-101A-20
Section 11-101A-20 Investments. (a) To the extent permitted by the contracts of the authority
with the holders of its securities and if not otherwise specifically prohibited by any other
provision of this chapter, the authority may invest any portion of the principal proceeds
derived from the sale of any of its securities which is not then needed for any of the purposes
for which the securities were authorized to be issued, the moneys held in any special fund
created pursuant to any resolution or indenture authorizing or securing any of its securities,
and any other moneys of the authority not then needed by it, in any of the following: (1)
Federal securities. (2) Any debt securities that are direct obligations of any agency of the
United States of America. (3) Interest-bearing bank time deposits and interest-bearing bank
certificates of deposit. (4) Money market funds whose investments are restricted to federal
securities. (5) Repurchase agreements with respect to federal securities....
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11-54-131
Section 11-54-131 Investment of moneys; duties of fund manager. (a) Moneys held in and forming
a part of an endowment trust fund, including, without limitation, proceeds of investments
held in and forming a part of the fund, shall, to the extent practicable and feasible, be
kept fully and continuously invested, pending their distribution and expenditure for the purposes
authorized by this division, in any of the following: (1) Interest-bearing bank time deposits
and interest-bearing bank certificates of deposit. (2) Debt securities that are direct general
obligations of the United States of America or any agency thereof, and debt securities of
any state or local government. (3) Other debt securities, common and preferred stocks, shares
of investment companies or mutual funds, or other like investments. (b) All of the above as
may be authorized in the trust agreement under which such fund has been established, and all
with the care, skill, prudence, and diligence under the circumstances...
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11-88-103
Section 11-88-103 Procedure where special fund used by authority in taking up bonds or coupons
representing principal at maturity. Where the authority has used any part of any other special
fund for the purpose of taking up at maturity bonds or coupons representing a portion of the
principal of bonds which had heretofore been issued for improvements and which had fallen
due, the provisions of Section 11-88-102 shall be construed to permit either the issuance
of refunding bonds to the authority's treasurer as custodian of such fund or the sale of such
bonds for the purpose of replacing in such fund all moneys of such fund so used. (Acts 1973,
No. 826, p. 1293, ยง63.)...
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2-2-91
Section 2-2-91 Duties of the center. The responsibilities of the center shall be as follows:
(1) To assess the current status and development of sources of alternative fuels as defined
in subsection (c) of Section 2-2-90. (2) To act as an information center for alternative fuels.
(3) To create an information clearinghouse for available federal grant funds and to provide
information regarding these grants to individuals, businesses, and political subdivisions
interested in developing sources of alternative fuels. (4) To establish criteria for matching
potential grant applicants with available grants. (5) To promote alternative fuels as a viable
energy source in this state. (6) To ensure that alternative fuels sold in Alabama meet ASTM
standards. (7) To receive and expend funds paid to the Alternative Fuel Research and Development
Fund through the income tax check-off program created in Section 2-2-93 and to expend and
disburse the funds for the purposes in Section 2-2-93. (Act 2007-452,...
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22-21-332
Section 22-21-332 Investment of funds. (a) To the extent permitted by the contracts of the
authority with the holders of its securities and if not otherwise specifically prohibited
by any other provision of this article, the authority may invest any portion of the principal
proceeds derived from the sale of any of its securities which is not then needed for any of
the purposes for which such securities were authorized to be issued, the moneys held in any
special fund created pursuant to any resolution or indenture authorizing or securing any of
its securities, and any other moneys of the authority not then needed by it, in any of the
following: (1) Federal securities; (2) Any debt securities that are direct obligations of
any agency of the United States of America; (3) Interest-bearing bank time deposits and interest-bearing
bank certificates of deposit; and (4) Interest-bearing time deposits and interest-bearing
certificates of deposit of any federally-chartered savings and loan...
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33-9-2
Section 33-9-2 Authorization; provisions. The Governor, on behalf of this state, is hereby
authorized to execute a compact, in substantially the form as provided hereinafter, with the
State of Mississippi: Article I. The purpose of this compact is to promote the development
of a deep draft harbor and terminal to be located on the continental shelf of the United States,
in the Gulf of Mexico, and to establish a joint interstate authority to assist in this effort.
Article II. The states which are parties to this compact (hereinafter referred to as "party
states") do hereby establish and create a joint agency which shall be known as the Ameraport
Deep Draft Harbor and Terminal Authority (hereinafter referred to as the "authority").
The membership of which authority shall consist of the Governor of each party state and five
other citizens of each party state, to be appointed by the Governor thereof. Each appointive
member of the authority shall be a citizen of that state who is interested...
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41-10-590
Section 41-10-590 Legislative findings. The Legislature finds and declares the following: That
the State of Alabama places a high priority on the recruitment of industries to locate or
expand their operations in Alabama; that it is a vital economic development tool for the state
to be able to offer strategic incentives to such industries in the form of limited financial
commitments; that the Alabama Incentives Financing Authority has heretofore been created for
the purpose of funding such financial commitments made prior to July 20, 1995; and that by
the passage of Act 99-198 of the 1999 Regular Session it is the intention of the Legislature
to enable the authority to meet commitments made by the state to industries committing to
locate or expand in the state after such date and, further, to enable the authority to lease
or convey title to worker training facilities to the Alabama Public School and College Authority
and to the Alabama Industrial Development Training Institute. The...
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45-2-161
Section 45-2-161 Established; disposition of funds. (a) This section shall apply only in Baldwin
County. The governing body of Baldwin County may appropriate out of any moneys in the county
treasury not otherwise appropriated, and expend not more than the sum of twenty-five thousand
dollars ($25,000) per fiscal year for any purposes, not otherwise provided for by law, that
in their judgement are worthy and for the best interest of the county. The fund shall be known
as the Commission Discretionary Fund. Provided, however, the expenditure provided shall first
be authorized by the governing body of the county in a resolution spread upon its minutes
and for promoting the economic well-being of the citizens of Baldwin County. (b) Under the
provisions of subsection (a), not more than twenty-five thousand dollars ($25,000) shall be
appropriated and expended in any fiscal year. Any sum or sums remaining unexpended in the
fund at the end of the fiscal year, only so much shall be appropriated...
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11-32-1
Section 11-32-1 Legislative findings. (a) The Legislature finds, determines, and hereby declares
that, in counties having a population of not less than 600,000, there are conditions present
that are not present in counties with lesser populations. Those conditions include, but are
not limited to, the following: (1) The excessive growth in private vehicular traffic in the
counties is placing excessive burdens upon the road systems and parking facilities, especially
in commercial and industrial districts and in areas of high population density, which cannot
be alleviated by private vehicular traffic. (2) The number of vehicular miles the average
citizen of those counties travels per day is among the highest nationally in terms of miles
and commuting times. (3) The projected continued economic growth of the counties and the general
health and welfare of the citizens of the counties require those counties to provide the enhanced
availability of public transportation facilities, operations,...
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