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9-6-17
Section 9-6-17 Provisions of chapter cumulative; provisions of chapter exclusive as to incorporation,
issuance of bonds, etc. This chapter is intended to aid the state in the execution of its
duties by providing appropriate and independent instrumentalities of the state with full and
adequate powers to fulfill their functions. The foregoing sections of this chapter shall be
deemed to provide additional and alternative methods for the doing of the things authorized
thereby and shall be regarded as supplemental and additional to and not in derogation of any
powers conferred upon boards of water and sewer commissioners created by municipalities within
this state or upon any other agencies of the state or the municipalities thereof which are
concerned with the control, abatement or prevention of water, air or general environmental
pollution. Neither this chapter nor any provision contained in this chapter shall be construed
as a restriction or limitation upon any power, right or remedy...
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23-1-175.1
Section 23-1-175.1 Infrastructure improvements. (a) In order to accomplish infrastructure improvements
contemplated for the benefit of the Alabama State Docks, the Alabama Highway Finance Corporation
shall have the following powers, in addition to all powers set forth in this article. (1)
To borrow money and issue its bonds in evidence thereof, in a principal amount not to exceed
one hundred fifty million dollars ($150,000,000), for the purpose of financing the widening
and deepening of the Mobile Ship Channel and improvements related thereto. No bond issued
by the corporation for this purpose shall have a specified maturity date later than twenty
years after its issuance date. (2) To issue from time to time one or more series of refunding
bonds for the purpose of refunding any bonds issued pursuant to subdivision (1) or bonds previously
issued to refund such bonds, in any case, however, having a final maturity that is not later
than the final maturity of the bonds being refunded. (3)...
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41-10-490
Section 41-10-490 Definitions. For the purposes of this article, the following terms shall
have the meanings respectively ascribed to them by this section: (1) AUTHORITY. The public
corporation organized pursuant to the provisions of this article. (2) CODE. The Code of Alabama
1975, as amended. (3) REFUNDING BONDS. Those refunding bonds issued under the provisions of
Section 41-10-502. (4) STATE. The State of Alabama. (5) BONDS. Those bonds, including without
limitation refunding bonds, issued under the provisions of this article. (6) FACILITIES. A
multi-storied vehicle parking and storage facility and appurtenanaces necessary or incidental
to the operation of such facility, to be constructed and erected on, or attached to, that
block of land bounded by the following streets: Pelham, Jackson, Washington, and South Ripley
in the Capitol complex in the City of Montgomery, Alabama. (7) PERMITTED INVESTMENTS. United
States Securities, certificates of deposit fully secured by United States...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-490.htm - 2K - Match Info - Similar pages
9-14A-7
Section 9-14A-7 Additional powers of Alabama State Parks System Improvement Corporation. In
addition to the powers provided in the above Section 9-14A-6, the Alabama State Parks System
Improvement Corporation shall have the following powers: (a) To acquire, provide, construct,
improve, renovate, equip and maintain the state parks system. (b) To acquire by purchase,
gift, or the exercise of the power of eminent domain, or any other lawful means, and to transfer,
convey or cause to be conveyed to the state, any real, personal or mixed property necessary
or convenient in connection with the acquiring, providing, constructing, improving, renovating,
equipping and maintenance of parks and park facilities. (c) To enter into contracts with municipalities,
counties, the Alabama Department of Conservation and Natural Resources or other agencies or
political subdivisions of the state or any other state, private persons, firms, corporations
and any branch of the federal government, in furtherance...
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11-20-38
Section 11-20-38 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; refunding of bonds. All bonds issued by the corporation shall be payable solely out
of the revenues and receipts derived from the leasing or sale by the corporation 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 corporation 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 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 evidence in such manner, may be executed by such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-38.htm - 3K - Match Info - Similar pages
11-22-9
Section 11-22-9 Bond issues - Funds for payment; execution; form; redemption; sale; refunding;
negotiable instruments. (a) All bonds issued by the corporation shall be payable solely out
of the revenues and receipts derived from the operation, leasing or sale by the corporation
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. (b) Such bonds may be executed
and delivered by the corporation 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 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, may be executed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-22-9.htm - 4K - Match Info - Similar pages
11-28-7
Section 11-28-7 Provisions of this chapter control. Insofar as the provisions of this chapter
may be inconsistent with the provisions of any other law concerning actions authorized by
this chapter, the provisions of this chapter shall control, it being hereby specifically declared
that the provisions of Section 11-8-10 shall not be applicable to any warrants issued under
the provisions of this chapter. Subject to the preceding sentence, this chapter does and shall
be construed to provide an additional and alternative method for the doing of the things authorized
thereby and shall be regarded as supplemental and additional to other laws. The provisions
of Section 11-28-2 regarding the payment of interest on warrants issued pursuant to this chapter
shall be deemed declarative of existing law and shall not be construed in a manner adverse
to the validity of any bonds, notes, warrants or other instruments evidencing debt at any
time issued by the State of Alabama, any instrumentality...
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11-50-171
Section 11-50-171 Publication of notice of adoption of resolution authorizing transfer, certain
terms thereof, etc.; limitation period for action to restrain proposed transfer, etc. (a)
After the adoption of proceedings providing for the transfer and conveyance of any water system
or systems, the public corporation and municipality or municipalities proposing to make such
transfer and conveyance shall cause to be published once a week for two successive weeks in
a newspaper having general circulation within the limits of such municipality or municipalities
a notice in substantially the following form (the blanks being first properly filled in) with
the names of the public corporation and the municipality or municipalities appended thereto:
"A resolution has been adopted by the board of directors of the _____ (herein insert
the name of the public corporation proposing to make the transfer) and a resolution (or resolutions)
has (or have) been adopted by the governing body (or bodies) of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-171.htm - 4K - Match Info - Similar pages
11-54A-22
Section 11-54A-22 Loans, sales, grants, etc., of money, property, etc., to authority by counties,
municipalities, etc. For the purpose of effecting the revitalization and redevelopment of
the central business district of the city, any county, municipality, or other political subdivision,
public corporation, agency, or instrumentality of this state may, upon such terms and with
or without consideration, as it may determine: (1) Lend or donate money to or perform services
for the benefit of the authority; (2) Donate, sell, convey, transfer, lease, or grant to the
authority, without the necessity of authorization at any election of qualified voters, any
property of any kind, any interest therein, and any franchise; and (3) Do any and all things,
whether or not specifically authorized in this chapter and not otherwise prohibited by law,
that are necessary or convenient in connection with aiding and cooperating with the authority
in its efforts to revitalize and redevelop the central...
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11-60-9
Section 11-60-9 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; refunding of bonds. All bonds issued by the corporation shall be payable solely out
of the revenues and receipts derived from the operation, leasing or sale by the corporation
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 corporation 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 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, may be executed by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-60-9.htm - 4K - Match Info - Similar pages
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