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41-10-36
Section 41-10-36 Definitions. Unless the context requires otherwise, the terms defined
in this section shall have the following meanings for purposes of this division: (1)
AFFECTED BOND. Any obligation or portion thereof which is required under the terms of the
code to receive an allocation of the state ceiling as a condition for the exclusion of interest
on such obligation from the gross income of the recipient thereof for federal income tax purposes.
(2) ALLOCATION. An allocation of a portion of the state ceiling issued by the authority pursuant
to the provisions of this division. (3) APPLICATION. An application for an allocation, submitted
by an issuer under the provisions of this division. (4) APPLICATION FOR CARRYFORWARD ALLOCATION.
Any application filed with the authority seeking an elective carryforward of unused limitation
for a "carryforward purpose" as defined in Section 146(f)(5) of the code.
(5) AUTHORITY. The State Industrial Development Authority, a public corporation of...
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41-23-122
Section 41-23-122 Inland Waterways and Intermodal Infrastructure Advisory Board. (a)
The Director of ADECA shall create an Inland Waterways and Intermodal Infrastructure Advisory
Board to advise the Director of ADECA. The membership of the board shall be inclusive and
reflect the racial, gender, geographic, urban and rural, and economic diversity of the state.
The membership of the board shall be composed of the following members to be selected and
appointed by the Director of ADECA in consultation with the Coalition of Alabama Waterway
Associations: (1) One representative from each of the associations representing the five major
navigable waterways serving Alabama, namely the Coosa-Alabama River Improvement Association,
Warrior-Tombigbee Waterway Association, Tri Rivers Waterway Development Association, Tennessee
River Valley Association, and Tennessee-Tombigbee Waterway Development Authority. (2) One
member from public port operations which have existing waterfront cargo handling...
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11-47-210
Section 11-47-210 Definitions. When used in this article, unless the context plainly
indicates otherwise, the following words and phrases shall have the meanings respectively
ascribed to them by this section: (1) APPLICANT. An individual who files a written
application with the governing body of any county or municipality in accordance with Section
11-47-214. (2) AUTHORITY. A public corporation organized under this article for the purposes,
with the powers, and subject to the restrictions set forth in this article. (3) AUTHORIZING
COUNTY. With respect to an authority, any county which has a governing body that has made
findings and determinations of facts pertaining to the organization of the authority in accordance
with Section 11-47-214. (4) AUTHORIZING MUNICIPALITY. With respect to an authority,
any municipality which has a governing body that has made findings and determinations of facts
pertaining to the organization of the authority in accordance with Section 11-47-214.
(5)...
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11-54-171
Section 11-54-171 Definitions. The following words and phrases used in this article
shall, in the absence of clear implication otherwise, be given the following interpretations:
(1) APPLICANT. A person who files a written application with the governing body of any municipality
in accordance with Section 11-54-173. (2) AUTHORITY. A public corporation organized
pursuant to this article. (3) AUTHORIZING MUNICIPALITY. Any municipality the governing body
of which shall have adopted an authorizing resolution. (4) AUTHORIZING RESOLUTION. A resolution
adopted by the governing body of any municipality in accordance with Section 11-54-173,
that authorizes the incorporation of an authority. (5) BOARD. The board of directors of an
authority. (6) BONDS. Includes bonds, notes, and certificates representing an obligation to
pay money. (7) COUNTY. Any county in the state. (8) DIRECTOR. A member of the board of an
authority. (9) GOVERNING BODY. With respect to a municipality, its city or town council,...
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40-18-372
Section 40-18-372 Qualifying projects - Activities and standards. A qualifying project
must be found by the Secretary of Commerce to conduct an activity specified in subdivision
(1) and to meet the minimum standard set forth in subdivision (2). (1) A qualifying project
must predominantly conduct an activity that is any one or more of the following: a. Described
by NAICS Code 1133, 115111, 2121, 22111, 221330, 31 (other than 311811), 32, 33, 423, 424,
482, 4862, 48691, 48699, 48819, 4882, 4883 (other than 48833), 493, 511, 5121 (other than
51213), 51221, 517, 518 (without regard to the premise that data processing and related services
be performed in conjunction with a third party), 51913, 52232, 54133 (if predominantly in
furtherance of another activity described in this article), 54134 (if predominantly in furtherance
of another activity described in this article), 54138, 5415, 541614, 5417, 55 (if not for
the production of electricity), 561422 (other than establishments that...
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41-10-672
Section 41-10-672 Definitions. When used in this division, the following terms shall
have the following meanings unless the context clearly indicates otherwise: (1) ANCILLARY
COSTS shall mean the costs incurred in acquiring and constructing public improvements that
benefit all or any part of the projects including, without limitation, (i) improvements to
streets, roads, and bridges, (ii) improvements to water and sewer systems, gas and electric
systems, and other utilities providing services to any part of the projects, (iii) improvements
to the police, fire, and emergency rescue services provided to the companies by local governmental
entities, and (iv) improvements to transportation systems benefiting the companies, such as
railroad spur and switching facilities. (2) AUTHORITY shall mean the Alabama 21st Century
Authority, which is provided for pursuant to the Enabling Act. (3) BOEING shall mean the Boeing
Company, a corporation, or any affiliate thereof. (4) BONDS shall mean the...
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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...
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23-2-144
Section 23-2-144 Powers of the authority. (a) The authority shall have the following
powers: (1) To adopt bylaws for the regulation of its affairs and the conduct of its business.
(2) To adopt an official seal and alter the same at pleasure. (3) To maintain a principal
office and branch offices at the place or places within the state as it may designate. (4)
To sue and be sued in its own name, including suits in tort. (5) With the consent and approval
of the department, to acquire and construct toll road, bridge, or tunnel projects at locations
as the authority may determine to be desirable, practicable, and economically feasible and
to maintain, repair, and operate the projects. (6) To issue toll road, bridge, or tunnel revenue
bonds of the authority for any of its corporate purposes, payable solely from its tolls, other
revenues, and proceeds of the bonds, and to refund its bonds, all as provided in this article.
No bonds issued under the provisions of this article shall constitute a...
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39-2-2
Section 39-2-2 Advertisement for and opening of sealed bids for public works contracts;
violations; exclusions; emergency actions; sole source specification. (a) Before entering
into any contract for a public works involving an amount in excess of fifty thousand dollars
($50,000), the awarding authority shall advertise for sealed bids, except as provided in subsection
(j). If the awarding authority is the state or a county, or an instrumentality thereof, it
shall advertise for sealed bids at least once each week for three consecutive weeks in a newspaper
of general circulation in the county or counties in which the improvement or some part thereof,
is to be made. If the awarding authority is a municipality, or an instrumentality thereof,
it shall advertise for sealed bids at least once in a newspaper of general circulation published
in the municipality where the awarding authority is located. If no newspaper is published
in the municipality, the awarding authority shall advertise by...
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41-10-541
Section 41-10-541 Definitions. (a) The following words and phrases used in this division,
and others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPROPRIATED
FUNDS. Net TVA payments to the extent such payments are pledged and appropriated to the authority
pursuant to Section 41-10-550. (2) AUTHORITY. The public corporation organized pursuant
to this division. (3) AUTHORITY GUARANTY. An agreement of the authority pursuant to which
the payment of debt service referable to bonds, notes, or other evidences of indebtedness
of a development agency is guaranteed by the authority. (4) AUTHORITY OBLIGATIONS. Bonds of
the authority and authority guaranties. (5) AUTHORITY-GUARANTEED OBLIGATIONS. Bonds, notes,
or other evidences of indebtedness of a development agency that are issued solely for the
purpose in financing a project and that are guaranteed, in whole or in part,...
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