45-29-140.07
Section 45-29-140.07 Power to contract. (a) As security for payment of the principal of and
interest on bonds or obligations assumed by it, the authority may enter into a contract or
contracts binding itself for the proper application of the proceeds of bonds and other funds,
for the continued operation and maintenance of any water system and fire protection facilities
owned by it or any part or parts thereof, for the imposition and collection of reasonable
rates for and the promulgation of reasonable regulations respecting any service furnished
from any such system or facility, for the disposition and application of its gross revenues
or any part thereof and for any other act or series of acts not inconsistent with this article
for the protection of the bonds and other obligations being secured and the assurance that
the revenues from such system or facility will be sufficient to operate such system or facility,
maintain the same in good repair and in good operating condition, pay the...
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45-29-140.16
Section 45-29-140.16 Notice requirements, etc.; regulatory control and supervision. (a) Except
as expressly otherwise provided in this article, no proceeding, notice, or approval shall
be required for the incorporation of the authority or the amendment of its certificate of
incorporation, the acquisition of any property, water system, or fire protection facility
or the issuance of any mortgage and deed of trust or trust indenture. (b) The authority, every
water system or fire protection facility owned by the authority or leased or subleased to
a county, and the rates and charges thereof shall be exempt from all jurisdiction of and all
regulation and supervision by the Alabama Public Service Commission and neither a public hearing
nor the consent of the Department of Finance shall be prerequisite to any transaction between
or with the authority and the county or between the authority or the county and any vendor,
vendee, lessor, or lessee to or from the authority. (Act 89-188, p. 169,...
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45-38-141.07
Section 45-38-141.07 Power to contract. (a) As security for payment of the principal of and
interest on bonds or obligations assumed by it, the authority may enter into a contract or
contracts binding itself for the proper application of the proceeds of bonds and other funds,
for the continued operation and maintenance of any water system and fire protection facilities
owned by it or any part or parts thereof, for the imposition and collection of reasonable
rates for and the promulgation of reasonable regulations respecting any service furnished
from any such system or facility, for the disposition and application of its gross revenues
or any part thereof and for any other act or series of acts not inconsistent with this part
for the protection of the bonds and other obligations being secured and the assurance that
the revenues from such system or facility will be sufficient to operate such system or facility,
maintain the same in good repair and in good operating condition, pay the...
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45-38-141.16
Section 45-38-141.16 Notice requirements, etc.; regulatory control and supervision. (a) Except
as expressly otherwise provided in this part, no proceeding, notice, or approval shall be
required for the incorporation of the authority or the amendment of its certificate of incorporation,
the acquisition of any property, water system, or fire protection facility, or the issuance
of any mortgage and deed of trust or trust indenture. (b) The authority, every water system
or fire protection facility owned by the authority or leased or subleased to a county, and
the rates and charges thereof shall be exempt from all jurisdiction of and all regulation
and supervision by the Alabama Public Service Commission and neither a public hearing nor
the consent of the State Department of Finance shall be prerequisite to any transaction between
or with the authority and the county or between the authority or the county and any vendor,
vendee, lessor, or lessee to or from the authority. (Act 89-472, p....
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45-47-250.07
Section 45-47-250.07 Contracts of the authority. (a) As security for payment of the principal
of and interest on bonds or obligations assumed by it, the authority may enter into a contract
or contracts binding itself for the proper application of the proceeds of bonds and other
funds, for the continued operation and maintenance of any water system and fire protection
facilities owned by it or any part or parts thereof, for the imposition and collection of
reasonable rates for and the promulgation of reasonable regulations respecting any service
furnished from any such system or facility, for the disposition and application of its gross
revenues or any part thereof, and for any other act or series of acts not inconsistent with
this article for the protection of the bonds and other obligations being secured and the assurance
that the revenues from such system or facility will be sufficient to operate such system or
facility, maintain the same in good repair and in good operating...
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45-25-250.08
Section 45-25-250.08 Planning, development, operation, etc., of water, sewer, or garbage systems.
For the purpose of securing water, sewer, or garbage service or aiding or cooperating with
the authority in the planning, development, undertaking, construction, extension, improvement,
operation, or protection of water, sewer, or garbage systems, 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) Appropriate,
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, including, but without limitation,
any water, sewer, or garbage system, any interest in any thereof and any franchise (3) Do
any and all things, whether or not specifically authorized in this...
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45-29-140.09
Section 45-29-140.09 Assistance from state bodies. For the purpose of securing water service
and fire protection facilities or aiding or cooperating with the authority in the planning,
development, undertaking, construction, extension, improvement, operation, or protection of
water systems and fire protection facilities, 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) Appropriate, 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 including, but without limitation, any water system
or fire protection facility, any interest in any thereof, and any franchise. (3) Do any and
all things, whether or not specifically authorized in this section,...
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45-47-250.09
Section 45-47-250.09 Planning, development, operation, etc., of services and facilitates. For
the purpose of securing water service and fire protection facilities or aiding or cooperating
with the authority in the planning, development, undertaking, construction, extension, improvement,
operation, or protection of water systems and fire protection facilities, any county, municipality,
or other political subdivision, public corporation, agency, or instrumentality of this state,
upon such terms and with or without consideration, may as it may determine: (1) Appropriate,
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 including, but without limitation,
any water system or fire protection facility, any interest in any thereof and any franchise.
(3) Do any and all things, whether or not...
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11-89-10
Section 11-89-10 Bonds of district - Statutory mortgage lien to secure payment of principal
and interest. Any resolution of the board or trust indenture under which bonds may be issued
pursuant to the provisions of this chapter may contain provisions creating a statutory mortgage
lien, in favor of the holders of such bonds and of the interest coupons applicable thereto,
on the water systems, sewer systems, and fire protection facilities or any thereof (including
any after-acquired property) out of the revenues from which such bonds are made payable. The
said resolution of the board or the said trust indenture may provide for the filing for record
in the office of the judge of probate of each county in which any part of such water systems,
sewer systems, and fire protection facilities or any thereof may be located of a notice containing
a brief description of such systems and facilities or either, a brief description of such
bonds and a declaration that said statutory mortgage lien has...
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45-38-141.09
Section 45-38-141.09 Assistance from state bodies. For the purpose of securing water service
and fire protection facilities or aiding or cooperating with the authority in the planning,
development, undertaking, construction, extension, improvement, operation, or protection of
water systems and fire protection facilities, any county, municipality, or other political
subdivision, public corporation, agency, or instrumentality of this state, upon such terms
and with or without consideration, as it may determine, may do any or all of the following:
(1) Appropriate, 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, including,
but without limitation, any water system or fire protection facility, any interest in any
thereof, and any franchise. (3) Do any and all things, whether or not...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-38-141.09.htm - 1K - Match Info - Similar pages