45-27-246.02
Section 45-27-246.02 Distribution of funds to Escambia County Industrial Development
Authority. An amount equal to one-tenth of the net funds received by Escambia County pursuant
to Sections 40-20-1 through 40-20-13, for the general fund of the county or one hundred thousand
dollars ($100,000) of the funds, whichever is the lesser, shall be appropriated by the Escambia
County Commission from the county general fund to the Escambia County Industrial Development
Authority, created by Article 9. Furthermore, the governing body of Escambia County may deposit
directly into an account authorized by the Escambia County Industrial Development Authority
on a monthly installment basis. The development authority may contract with any municipality
in Escambia County for services it deems appropriate out of the funds allocated by this section.
Any monies which are not expended by the authority by September 30 of each fiscal year shall
be carried over from year-to-year by the authority and remain...
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40-13-6
Section 40-13-6 Distribution of tax proceeds. (a) In each fiscal year when the funds
then on deposit in the special fund or funds created for retirement of the bonds equal the
amount needed to pay all the principal and interest becoming payable on the bonds within the
succeeding 12 months and the funds then on deposit in the reserve fund or funds created for
the bonds equal the maximum principal and interest becoming due on the bonds in any one year,
the severance tax proceeds remaining in the Alabama State Docks Bulk Handling Facility Trust
Fund, shall be distributed as provided herein; provided however, that if at the end of any
fiscal year of the state, beginning with the fiscal year ending September 30, 1987, the Director
of the Alabama State Docks Department shall have notified the Director of Finance in writing,
at least five days prior to the close of the fiscal year, that the revenues to be derived
by the Alabama State Docks Department from the operations of its coal handling...
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11-92A-23
Section 11-92A-23 Special reserve funds and applications for appropriations. (a) In
addition to all other powers at any time conferred upon an authority by law, an authority
may, in connection with the issuance of any bonds hereunder, create and establish one or more
special debt service reserve funds (a "debt service reserve fund"), and may pay
or cause to be paid into each debt service reserve fund (i) proceeds from bonds issued pursuant
hereto to the extent provided by the authority authorizing the issuance thereof; (ii) any
moneys appropriated and made available by the Legislature for the purpose of such fund; and
(iii) any other moneys that may be made available to the authority from any other source for
the purpose of such fund. All moneys held in a debt service reserve fund shall be used solely
for the payment of the principal of, premium, if any, and interest on bonds secured, in whole
or in part, by that fund when and as the same become due and payable as provided in the...

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41-10-625
Section 41-10-625 Powers of the authority. The authority shall have, in addition to
all other powers granted to it in this division, all of the following powers: (1) To have
succession by its corporate name until dissolved as herein provided. (2) To institute and
defend legal proceedings in any court of competent jurisdiction and proper venue; provided,
however, that the authority may not be sued in any nisi prius court other than the courts
of the county in which is located the principal office of the authority; and provided further
that the officers, directors, agents, and employees of the authority may not be sued for actions
in behalf of the authority in any nisi prius court other than the courts of the county in
which is located the principal office of the authority. (3) To have and to use a corporate
seal and to alter the seal at pleasure. (4) To establish a fiscal year. (5) To adopt, and
from time to time amend and repeal, bylaws, rules, and regulations not inconsistent with...

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45-25-91
Section 45-25-91 DeKalb County Economic Development Authority. (a) There is created
the DeKalb County Economic Development Authority. The authority is created for the purpose
and has the responsibility of aiding and assisting current industries and coordinating efforts
of all municipal and county agencies of DeKalb County, Alabama, as well as aiding organizations
in the development of new industries which will provide job opportunities for the citizens
of DeKalb County. (b)(l) The authority shall be governed by a board of directors consisting
of seven members. Two of the seven members shall be appointed by the DeKalb County Commission.
Three members shall be appointed by a majority vote of the legislators representing DeKalb
County. One member shall be appointed by the mayor and council of the municipality that is
the county seat of the county. One member shall be appointed by the DeKalb County Mayors'
Association. Vacancies on the board shall be appointed by the same appointing...
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45-27-90.06
Section 45-27-90.06 Expenses of authority. The county governing body of Escambia County
shall annually, before the end of the county's fiscal year, fix the amount to be expended
by the Industrial Development Authority herein created, and shall deposit such amount as it
determines to be necessary for the efficient operation of the authority in a special fund
in the county treasury to the credit of the authority. All other funds otherwise coming into
the hands of the authority shall likewise be deposited in the fund. The ordinary and necessary
operating expenses of the authority, including the expenses of its members and the salaries
and expenses of employees of the authority shall be paid out of authority funds. (Acts 1978,
No. 894, p. 1330, §7.)...
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45-25-92.06
Section 45-25-92.06 Industrial Development Authority - Funding. Forty percent of the
cost of operation of the authority shall be paid by the county and the remaining cost shall
be paid by the aforementioned cities and towns. On or before January 15 of each year, the
authority shall certify to the appropriate official of each city and town what the proportionate
amount of the funding of the authority shall be for the city or town, such amount to be based
on the ratio of the population of the city or town to the total population of the county.
Each city or town shall remit its proportionate amount on or before March 1 of each year.
The authority shall then deposit such monies in a special fund in the county treasury to the
credit of the authority. All other funds otherwise coming into the hands of the authority
shall likewise be deposited in such fund. The ordinary and necessary operating expenses of
the authority, including the expenses of its members and the salaries and expenses of...
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45-36-162
Section 45-36-162 Distribution of payments. (a) Any payments coming into the treasury
of Jackson County that are derived, directly or indirectly, from payments by the Tennessee
Valley Authority in lieu of payment of taxes shall be appropriated as follows: (1) One percent
to the Jackson County Economic Development Fund paid to the fund monthly until it reaches
a balance of one million dollars ($1,000,000); the payments shall continue whenever the balance
in the fund drops below one million dollars ($1,000,000). The county commission may invest
the funds to the benefit of local governments and entities in the county, and expend the same
for disaster relief in the county or for any economic purpose that benefits the county, including,
but not limited to, any activity or purpose which provides an incentive for the creation or
retention of jobs and employment opportunities in the county. Participating local governments
or entities may apply for the funds for these purposes. It is the intent...
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41-29-503
Section 41-29-503 Authorization to make grants of money. (a) The authority is hereby
authorized to make grants of money derived from the sale of its bonds, to grantees for use
by the grantees for any one or more of the following purposes: (1) The making of surveys to
determine the location of suitable project sites in the locality of the grantee. (2) The making
of surveys to determine the availability of labor in the locality of the grantee and to classify
such labor in terms of skills and educational level. (3) The preparation of project sites.
(4) Any combination of any of the foregoing which the grantees consider appropriate and necessary
for the promotion of industrial development in their respective localities. (b) Provided,
however, that 20 percent of the grant funds shall be expended specifically in rural areas
of the state and/or areas with high unemployment and low personal income levels. The Director
of the State Industrial Development Authority shall report annually to the...
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45-14-244.07
Section 45-14-244.07 Disposition of funds. (a) The proceeds from the tobacco tax authorized
in Clay County pursuant to Section 45-14-244, and as further provided for in Sections
45-14-244.01 to 45-14-244.03, inclusive, and Section 45-14-244.06, less two percent
of the actual cost of collection, which shall be retained by the Department of Revenue, shall
be distributed to the Clay County General Fund to be expended as follows: (1) Thirty-two percent
to the Alabama Forestry Commission to be utilized for fire protection in the county, as provided
in subsection (b). (2) Twenty percent to the Clay County Industrial Development Council. (3)
Twenty percent to the Clay County Animal Shelter. The Clay County Animal Shelter shall annually
report to the county commission regarding the expenditure of the funds in the preceding year.
(4) Thirteen percent to the Clay County Commission to be deposited into a special fund in
the county treasury and, subject to an application process developed by the...
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