11-81-163
Section 11-81-163 Adoption, amendment, recordation, etc., of ordinances or resolutions for
issuance of bonds, segregation of revenues, etc. For the purpose of this article, any borrower
is authorized to adopt ordinances providing for the issuance of revenue bonds as provided
in this article and any and all other appropriate ordinances and resolutions deemed necessary
to effectuate the full intent and purpose of this article, including the segregation of revenues
derived from the operation of any project named in Section 11-81-161, the determination, fixation
and revision from time to time of rates to be charged for services and any and all other necessary
ordinances and resolutions to protect the properties, to provide for the adequate operation
thereof and to insure the security of the bonds; provided, that in the case of counties, the
style of any ordinance or resolution adopted under this article shall be the same as is provided
by the laws of the state in the case of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-163.htm - 1K - Match Info - Similar pages

11-88-7.1
Section 11-88-7.1 Additional powers. (a) Any authority organized or operating pursuant to Chapter
88 of Title 11 shall, in addition to all other powers now or hereafter granted by law, have
the following powers and rights: (1) To borrow money for temporary use for any of its corporate
purposes and, in evidence of such borrowing, to issue from time to time revenue bonds or notes
maturing not later than 36 months from the date of issuance. Any such temporary borrowing
may be made in anticipation of the sale and issuance of long-term revenue bonds, and in such
event, the principal proceeds from the sale of such long-term revenue bonds shall, to the
extent necessary, be used for payment of the principal of and the interest on the temporary
revenue bonds or notes issued in anticipation of the sale and issuance of such long-term revenue
bonds. Any such temporary borrowing may also be made with respect to a project simultaneously
with or after the sale and issuance of long-term revenue bonds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-7.1.htm - 5K - Match Info - Similar pages

41-10-44.11
Section 41-10-44.11 Publication of notice; time limitation on actions questioning bonds or
proceedings. Upon the adoption by the board of directors of the authority of any resolution
providing for the issuance of project obligations, the authority may, in its discretion, cause
to be published once a week for two consecutive weeks, in newspapers published or having a
general circulation in the Cities of Birmingham, Montgomery, Huntsville and Mobile, 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 president or the secretary of the authority:
"The State Industrial 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 or other obligations of the said public corporation for purposes authorized in Title
41, Chapter 10, Article 2A. The proceeds from the sale of the said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-44.11.htm - 2K - Match Info - Similar pages

11-20-4
Section 11-20-4 Requirements as to leasing of projects. Prior to the issuance of any bonds,
the county shall lease the project to a lessee under an agreement providing for payment to
the county of such rentals as will be sufficient: (1) To pay the principal of and interest
on the bonds issued to finance the project as such principal and interest respectively mature;
(2) To build up and maintain any reserves deemed by the county commission to be advisable
in connection therewith; and (3) To pay the cost of maintaining the project in good repair
and keeping it properly insured unless the agreement of lease obligates the lessee to pay
for the maintenance and insurance of the project. (Acts 1961, Ex. Sess., No. 178, p. 2147,
§6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-4.htm - 1K - Match Info - Similar pages

11-54-89
Section 11-54-89 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; refunding of bonds. All bonds issued by the industrial development board shall be payable
solely out of the revenues and receipts derived from the leasing or sale by the board of its
projects or of any thereof as may be designated in the proceedings of the board of directors
under which the bonds shall be authorized to be issued. Such bonds may be executed and delivered
by the board at any time and from time to time, may be in such form and denominations and
of such tenor and maturities, may be in registered or bearer form either as to principal or
interest or both, may be payable in such installments and at such time or times, not exceeding
40 years from the date thereof, may be payable at such place or places whether within or without
the State of Alabama, may bear interest at such rate or rates payable at such time or times
and at such place or places and evidenced in such manner,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-89.htm - 4K - Match Info - Similar pages

11-99B-17
Section 11-99B-17 Provisions of chapter as to incorporation of district, acquisition of property,
issuance of bonds, exclusive; jurisdiction over and regulation of district, by State Board
of Health, Public Service Commission. Except as expressly otherwise provided in this chapter,
no proceeding, notice, or approval shall be required for the incorporation of any district
or the amendment of its certificate of incorporation, the acquisition of any property or project,
or the issuance of any bonds, or trust indenture; provided, however, that nothing contained
in this section shall be construed to exempt any district from the jurisdiction of the State
Board of Health. The district, every project of the district, and the rates, rentals, fees,
licenses, and charges thereof shall be exempt from all jurisdiction of and all regulation
and supervision by the Public Service Commission and neither a public hearing nor the consent
of the State Department of Finance shall be prerequisite to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-17.htm - 1K - Match Info - Similar pages

45-45-200.01
Section 45-45-200.01 Special issuance fee. (a)(1) In Madison County, the county commission
is authorized to impose, by resolution of the commission, a special issuance fee not to exceed
seventy-five cents ($.75) to be collected by the license director on each motor vehicle registration,
boat renewal or registration, manufactured home registration, business license application,
or other instrument registered or application applied for in the office of the license director.
The special issuance fee shall be in addition to all other fees, taxes, and other charges
provided by law. All special issuance fees collected pursuant to this section shall be deposited
by the license director in any depository in the county designated by the county governing
body. (2) The fee authorized by this section shall be set by the Madison County Commission,
by resolution of the commission, adopted at a regularly scheduled meeting. (b) The issuance
fees collected pursuant to this section shall be expended at...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-45-200.01.htm - 2K - Match Info - Similar pages

45-49-90.09
Section 45-49-90.09 Notice of bond resolution. (a) Upon the adoption by the board of directors
of any resolution providing for the issuance of bonds, the corporation, in its discretion,
may cause to be published once a week for two consecutive weeks, in a newspaper published
in the county, 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 the corporation: "___, a public corporation under the laws of the State of Alabama,
on the ___ day of ___, authorized the issuance of $___ principal amount of revenue bonds of
the corporation for purposes authorized in the act of the Legislature of Alabama under which
the corporation was organized. Any action or proceeding questioning the validity of the bonds,
the pledge, and mortgage to secure the same, any lease or sale of an industrial site to be
financed by the bonds, or the proceedings...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-90.09.htm - 2K - Match Info - Similar pages

11-55-2
Section 11-55-2 Powers of municipalities generally as to acquisition and leasing of projects
for post offices and issuance of bonds therefor. In addition to any other powers which it
may now have, any municipality in this state may hereafter acquire, whether by purchase, construction,
or gift, a project, as defined in Section 11-55-1, located within the corporate limits, may
lease such project to the United States government for such rental and upon such terms and
conditions as the governing body may deem advisable and as shall not conflict with the provisions
of this chapter and may issue revenue bonds for the purpose of defraying the cost of acquiring,
constructing, enlarging, and maintaining such project. (Acts 1955, No. 491, p. 1107, §2.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-55-2.htm - 1K - Match Info - Similar pages

45-48-70.18
Section 45-48-70.18 Public hearing required for issuance of tax anticipation warrants. The
commission shall not issue any tax anticipation warrants, revenue bonds, or other evidences
of temporary loans until a public hearing relative to the issuance thereof has been held.
Notice of each hearing shall be given by publication in a newspaper published in Marshall
County at least seven days prior to the public hearing. (Acts 1976, No. 616, p. 840, § 25;
Acts 1976, No. 633, p. 870, § 25.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-48-70.18.htm - 805 bytes - Match Info - Similar pages