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24-1-66
Section 24-1-66 Powers and duties of authority generally. (a) An authority shall constitute
a public body and a body corporate and politic exercising public powers, and having all the
powers necessary or convenient to carry out and effectuate the purposes and provisions of
this article, including the following powers in addition to others granted in this article:
(1) To investigate into living, dwelling, and housing conditions and into the means and methods
of improving such conditions; (2) To determine where unsafe or unsanitary dwelling, public
school, or housing conditions exist; (3) To study and make recommendations concerning the
plan of the county in relation to the problem of clearing, replanning, and reconstruction
of areas in which unsafe or unsanitary dwelling, public school, or housing conditions exist,
and the provision of dwelling accommodations for persons of low income, and to cooperate with
the county or any regional planning agency; (4) To prepare, carry out, and...
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39-1-4
Section 39-1-4 selection of surety company, etc.; approval of bonds, etc. (a) No officer
or employee of an awarding authority and no person acting or purporting to act on behalf of
such officer or employee of an awarding authority, except a public agency or authority created
pursuant to agreement or compact with another state, shall, with respect to any public works
contract, require the bidder to obtain or procure any surety bond or contract of insurance
specified in connection with such contract or specified by any law, ordinance, or regulation
from a particular surety company, insurance company, bonding company, agent, or broker. No
officer, employee, person, firm, or corporation acting or purporting to act on behalf of any
officer or employee of an awarding authority shall negotiate, make application, obtain, or
procure any surety bond or contract of insurance, except contracts of insurance for builder's
risk or owner's protective liability, which shall be obtained or procured by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-1-4.htm - 3K - Match Info - Similar pages
11-92A-16
Section 11-92A-16 Use of bonds, proceeds, etc. (a) The proceeds from the sale of any
bonds shall be applied as provided in the proceedings in which the bonds are authorized to
be issued, including without limitation, the payment of all legal, fiscal, and recording fees
and expenses incurred in connection with the authorization, sale, and issuance of the bonds
and, if so provided in the proceedings authorizing their issuance, interest on said bonds
(or if only a part of any issue of bonds is issued for acquisition purposes, interest on that
portion of the bonds of that issue that is issued to pay acquisition costs) for a reasonable
period prior to and during the time required for the acquisition, construction, and equipping
of the project. An authority may provide in the proceedings authorizing the issuance of bonds
for the funding of a debt service reserve and/or a replacement and extension reserve from
the proceeds of its bonds. (b) All contracts made by an authority and all bonds...
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31-4-8
Section 31-4-8 Acquisition, construction, etc., of armories, grounds, etc. The Armory
Commission may, either alone or in cooperation with the United States or political subdivisions
of the state, such as counties, cities, or incorporated towns, and private corporations, voluntary
unincorporated associations or individuals, construct or acquire by purchase, contract, lease,
gift, donation, or condemnation, armories, buildings, or grounds, suitable for drill instruction
and administration and the safekeeping of public property and make additions and improvements
in or to such armories and facilities, and, either alone or with the like cooperation of others,
provide heat, light, water, telephone service, and other costs of operation and maintenance,
including insurance. The amounts to be appropriated out of any armory funds for the construction
or acquisition of armories, and for the maintenance or rental of armories, shall, within the
limits set forth in this section, be wholly within...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/31-4-8.htm - 1K - Match Info - Similar pages
40-9E-1
Section 40-9E-1 Definitions. For purposes of this chapter only, the following terms
shall have the following meanings: (1) BASE YEAR. The taxable year immediately before the
taxable year in which property first becomes qualified property under this chapter. (2) BASE
YEAR VALUE. The value of the property used to determine the assessment on which the property
tax on property is imposed for the base year. Base year value does not include any new property
that is first assessed in the base year. (3) ELIGIBLE ASSESSMENT. The difference between the
base year value and the actual value as determined by the county tax assessor for the applicable
taxable year. (4) ENHANCED USE LEASE AREA. Any area of a military installation which contains
underutilized real or personal property, or both, that is leased by a secretary of a military
department to a lessee pursuant to the authority provided in 10 U.S.C. ยง2667. (5) LOCAL GOVERNING
BODY. The governing body of a county or municipality which proposes...
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41-10-45.4
Section 41-10-45.4 Repayment of loans. (a) In order to provide for the repayment of
a loan by a qualifying borrower for a project, the qualifying borrower is hereby authorized
and empowered to do and perform any one or more of the following: (1) To obligate itself to
pay to the authority at periodic intervals a sum sufficient to repay the authority loan according
to the terms thereof; (2) To levy, collect, and pay over to the authority and to obligate
itself to continue to levy, collect, and pay over to the authority the proceeds of any fee,
charge, license, permit, tax, or other source of revenue; (3) To undertake and obligate itself
to pay its contractual obligation to the authority solely from the proceeds from any one or
more of the sources specified in paragraph (2), or to impose upon itself a general obligation
pledge to the authority additionally secured by a pledge of any one or more of such sources;
(4) To obligate itself to continue to levy and collect such revenues, fees,...
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41-16-143
Section 41-16-143 Request for proposals; meeting; public notice; guarantee required;
bond; type, duration, funding, etc., of contract. (a) Before entering into a guaranteed energy
cost savings contract, a governmental unit shall submit a request for proposals. The governmental
unit shall evaluate any proposal from a qualified provider and shall select the qualified
provider that best meets the needs of the unit. After reviewing the proposals, the governmental
unit may enter into a guaranteed energy cost savings contract with a qualified provider if
it finds that the amount it would spend on the energy cost savings measures recommended in
the proposal would not exceed the amount of energy or operational cost savings, or both, within
the lesser of a 20-year period or the average useful life of the energy cost savings measures
from the date installation is complete and has been accepted by the governmental unit, if
the recommendations in the proposal are followed. The governmental unit...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-16-143.htm - 4K - Match Info - Similar pages
41-16-50
Section 41-16-50 Contracts for which competitive bidding required. (a) With the exception
of contracts for public works whose competitive bidding requirements are governed exclusively
by Title 39, all expenditure of funds of whatever nature for labor, services, work, or for
the purchase of materials, equipment, supplies, or other personal property involving fifteen
thousand dollars ($15,000) or more, and the lease of materials, equipment, supplies, or other
personal property where the lessee is, or becomes legally and contractually, bound under the
terms of the lease, to pay a total amount of fifteen thousand dollars ($15,000) or more, made
by or on behalf of any state trade school, state junior college, state college, or university
under the supervision and control of the Alabama Community College System, the Alabama Fire
College, the district boards of education of independent school districts, the county commissions,
the governing bodies of the municipalities of the state, and the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-16-50.htm - 6K - Match Info - Similar pages
22-3A-15
Section 22-3A-15 Disposition of proceeds of bonds; Public Health Facilities Building
Fund; powers of authority; improvement and construction defined; supervision; bidding. (a)
The proceeds of the bonds, other than refunding bonds, remaining after paying the expenses
of their sale and issuance shall be turned in to the State Treasury and all income derived
from the investment of said proceeds (including income from the investment of proceeds held
in the Debt Service Reserve Fund to the extent provided in the resolution, trust indenture
or other documents pursuant to which the bonds shall be issued) shall be carried in a special
fund to be designated the Public Health Facilities Building Fund, and shall be subject to
be drawn on by the authority for the purpose of paying the costs of acquiring, constructing,
improving and equipping such public health facilities in the state as shall be determined
by the authority. Subject to the provisions of Section 22-3A-19, the authority shall
have...
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23-1-434
Section 23-1-434 (This section terminates April 26, 2018, if no revenue is created.)
Use of funds by municipality; Municipal Transportation Safety Fund Plan; annual report. (a)
The monies distributed to a municipality from the fund shall be deposited in a separate fund
maintained by the municipality and expended only for one or more of the following: (1) The
maintenance, improvement, replacement, and construction of roads and bridges within a municipality's
jurisdictional limits. (2) As matching funds for federal road or bridge projects. (3) The
payment of any debt associated with a road or bridge project. (4) With the consent of the
county, for the maintenance, improvement, or replacement of county-maintained roads and bridges
within the municipality's jurisdictional limits. (5) For a joint road or bridge project with
the county pursuant to any agreement executed under the authority of state law. (b) The municipality
shall not use monies from the fund for any of the following purposes...
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