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11-99-6
Section 11-99-6 Allocation of positive tax increments; payment to local finance officer; tax
increment fund. (a) Positive tax increments of a tax increment district shall be allocated
and paid over to the public entity which created the district for each year commencing on
the October 1 following the date when the district is created until the earlier of: (1) That
time, after the completion of all public improvements specified in the project plan or amendments
thereto, when the public entity has received aggregate tax increments from the district in
an amount equal to the aggregate of all expenditures previously made or monetary obligations
previously incurred for project costs for the district; or (2) Thirty-five years after the
last expenditure identified in the project plan is made. No expenditure may be provided for
in the project plan to be made more than five years after the district is created, except
in Class 3 municipalities where such expenditures may be made not more than 10...
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45-17-91.23
Section 45-17-91.23 Creation of Shoals Economic Development Fund; purposes for which moneys
in such fund may be expended. (a) There is created the Shoals Economic Development Fund, which
shall be a special or trust fund or account of the committee, and which shall be administered
in accordance with this subpart. (b)(1) The authority may, at any time and from time to time,
request that the committee authorize and approve the expenditure or appropriation of moneys
on deposit in the Shoals Economic Development Fund, but solely for purposes authorized in
subsection (c). Any such request may specify that such moneys shall be expended by, or appropriated
directly or indirectly to, any of the following: a. The authority itself. b. Either of the
counties, or any city or town located, in whole or in part, in either of the counties. c.
Any public corporation that has been organized with the approval or consent of any one or
more of the counties, the municipalities, or any other city or town in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-17-91.23.htm - 8K - Match Info - Similar pages
2-1-7
Section 2-1-7 Purchase, etc., with public funds of beef not raised and produced within United
States. (a) It is specifically forbidden for any person knowingly to purchase or to authorize
or requisition the purchase of beef other than beef raised and produced within the United
States when such purchase is to be paid by the state government, any of its political subdivisions
or any agency thereof out of public funds; provided, however, that the provisions of this
subsection shall not apply to canned meat which is not available from a domestic source and
which is not processed in the United States. (b) Any purchase which is made in violation of
the provisions of subsection (a) of this section shall be considered an illegal and unauthorized
expenditure of public funds. (Acts 1975, No. 220, ยงยง1, 2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-1-7.htm - 1K - Match Info - Similar pages
11-29-6
Section 11-29-6 Distribution of fund capital; purposes for which counties may use funds. The
fund capital shall be distributed to the several counties of the state and shall be paid on
April 15 of the fiscal year for which each annual appropriation is made as follows: Part of
the funds to be paid to counties that is equal to 45.45 percent of the total of such portion
shall be allocated equally among the 67 counties of the state; and the entire residue of the
portion to be paid to counties, being an amount equal to 54.55 percent of such portion, shall
be allocated among the 67 counties of the state on the basis of the ratio of the population
of each county to the total population of the state according to the then next preceding federal
decennial census or, prior to the effective date of the 1990 decennial census, any special
federal census held in any county subsequent to the effective date of the 1980 federal decennial
census and prior to the adoption hereof. Such funds shall only be...
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7-9A-102
Section 7-9A-102 Definitions and index of definitions. (a) Article 9A definitions. In this
article: (1) "Accession" means goods that are physically united with other goods
in such a manner that the identity of the original goods is not lost. (2) "Account,"
except as used in "account for," means a right to payment of a monetary obligation,
whether or not earned by performance, (i) for property that has been or is to be sold, leased,
licensed, assigned, or otherwise disposed of, (ii) for services rendered or to be rendered,
(iii) for a policy of insurance issued or to be issued, (iv) for a secondary obligation incurred
or to be incurred, (v) for energy provided or to be provided, (vi) for the use or hire of
a vessel under a charter or other contract, (vii) arising out of the use of a credit or charge
card or information contained on or for use with the card, or (viii) as winnings in a lottery
or other game of chance operated or sponsored by a State, governmental unit of a State, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-102.htm - 29K - Match Info - Similar pages
11-50-97
Section 11-50-97 Making of loans and issuance of bonds to pay for sewers or sewer system. The
council may borrow money on the faith and credit of the city or town, executing the note of
the city or town therefor and pledging as security for such loan the proceeds of the proposed
assessments thereafter to be made as provided in this division, and such sum or sums so borrowed
the council may advance in payment or part payment of the cost of such sewer or sewers or
sewer system; and, upon the expiration of 30 days after the assessment for the cost of the
same shall have been made final, the council may then issue and sell bonds for such amount
as may be necessary, after deducting the amount paid by property owners, to pay the cost of
such sewers or sewer system, including such amounts as may have been borrowed for the purpose,
and all interest and other expenses incurred in and about the purchase of the same. The council
may provide in its contract with the owner or owners of the sewer,...
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22-1-11
Section 22-1-11 Making false statement or representation of material fact in claim or application
for payments on medical benefits from Medicaid Agency generally; kickbacks, bribes, etc.;
exceptions; multiple offenses. (a) Any person who, with intent to defraud or deceive, makes,
or causes to be made or assists in the preparation of any false statement, representation,
or omission of a material fact in any claim or application for any payment, regardless of
amount, from the Medicaid Agency, knowing the same to be false; or with intent to defraud
or deceive, makes, or causes to be made, or assists in the preparation of any false statement,
representation, or omission of a material fact in any claim or application for medical benefits
from the Medicaid Agency, knowing the same to be false; shall be guilty of a Class C felony.
The offense set out herein shall not be complete until the claim or application is received
by the Medicaid Agency or the contractor with the Medicaid Agency or its...
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7-9A-405
Section 7-9A-405 Modification of assigned contract. (a) Effect of modification on assignee.
A modification of or substitution for an assigned contract is effective against an assignee
if made in good faith and in accordance with reasonable commercial standards. The assignee
acquires corresponding rights under the modified or substituted contract. The assignment may
provide that the modification or substitution is a breach of contract by the assignor. This
subsection is subject to subsections (b) through (d). (b) Applicability of subsection (a).
Subsection (a) applies to the extent that: (1) the right to payment or a part thereof under
an assigned contract has not been fully earned by performance; or (2) the right to payment
or a part thereof has been fully earned by performance and the account debtor has not received
notification of the assignment under Section 7-9A-406(a). (c) Rule for individual under other
law. This section is subject to law other than this article which establishes...
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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-36-252.06.htm - 13K - Match Info - Similar pages
45-37-90.06
Section 45-37-90.06 Civic Center Authority - Revenue bonds. (a) Subject to the conditions,
qualifications, and restrictions set forth in subsection (e), the authority shall have the
power to borrow money and to issue revenue bonds as evidence of money so borrowed, which bonds
shall be payable solely from taxes made payable to the authority by any act of the Legislature
heretofore or hereafter adopted and from the revenues of the authority derived from the activities,
operations, and enterprises in which the authority is hereby authorized to engage. As security
for any money so borrowed, together with interest thereon, and any obligations incurred or
assumed, the authority, in its discretion, may mortgage, pledge, or otherwise transfer and
convey its real, personal, and mixed property, or any part or parts thereof, whether then
owned or thereafter acquired, including any franchises then owned or thereafter acquired,
and all or any part of the taxes payable to the authority under any act...
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