|
22-3A-18
Section 22-3A-18 Investment of proceeds from bond sale; when authorized; application of income.
Prior to the completion of all public health facilities described in Section 22-3A-19, any
portion of the principal proceeds derived from the sale of the bonds which the board of directors
may determine is not then needed for any of the purposes for which the bonds are authorized
to be issued shall, on order of the authority, be invested by the State Treasurer in permitted
investments which mature at such time or times as the authority shall direct. At any time
and from time to time on order of the authority, any such investments may be sold or otherwise
converted by the State Treasurer into cash. The income derived from any such investments shall
be applied first for the payment of the costs of providing the public health facilities described
in Section 22-3A-19 and, to the extent not needed for such purpose, such income may be disbursed
on order of the authority for any purpose for which...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-18.htm - 1K - Match Info - Similar pages
22-3A-8
Section 22-3A-8 Issuance of bonds. For the purposes of acquiring, constructing, installing
and equipping public health facilities, the authority is hereby authorized to issue and sell
from time to time its bonds, which bonds may be in the form of interest-bearing bonds or noninterest-bearing
bonds. Other than refunding bonds, the aggregate principal amount of bonds issued under this
chapter shall not exceed $45,000,000.00; provided, however, that, if the authority determines
that the total net amount of bond proceeds available to provide funds for paying the costs
of acquiring, constructing, improving, and equipping public health facilities (excluding underwriting
discount, other issuance expenses and 10 percent of the principal amount of such bonds to
be used to capitalize or fund a debt service reserve fund as authorized by Section 22-3A-16(b)),
plus the interest income, not exceeding $2,000,000.00, earned on such net amount of bond proceeds
pending expenditure thereof, will be less...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-8.htm - 1K - Match Info - Similar pages
22-3A-1
Section 22-3A-1 Legislative findings and declarations. The Legislature hereby finds and declares
that it is necessary, desirable and in the public interest that additional facilities be made
available in this state for public health purposes. It is the intention of the Legislature
by the passage of this chapter to authorize the formation of a public corporation for the
purposes of providing for the acquisition, construction, improvement and equipment of public
health facilities and to improve such existing facilities for use by the State Board of Health
and county board(s) of health throughout this state in carrying out the duties and powers
imposed upon or vested in them; to authorize the said corporation to provide for payment of
the costs of the said facilities by the issuance of bonds of the corporation; and to pledge
the proceeds of such bonds and other revenues that may be available to it for payment of the
debt service on said bonds. (Acts 1990, No. 90-598, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-1.htm - 1K - Match Info - Similar pages
22-3A-23
Section 22-3A-23 Approval of allocations other than those in Section 22-3A- 19(a) to be unanimous.
Notwithstanding any provisions of this chapter, no allocations from any sources, including,
but not limited to, bond proceeds and earnings thereon and debt service reserve and earnings
thereon, shall be authorized for public health facilities in this state, other than allocations
listed in Section 22-3A-19(a), unless and until there is recorded in the official minutes
of the authority the unanimous consent of all the members of the board of directors approving
said allocations. In the absence of an authority member, his vote may be cast in writing and
submitted to the chairman prior to the meeting during which said vote is scheduled. (Acts
1990, No. 90-598, §23.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-23.htm - 1K - Match Info - Similar pages
22-4-14
Section 22-4-14 Construction, operation, etc., of public hospitals, health centers, etc., by
State Board of Health; power of State Board of Health to cooperate and enter into contracts
with federal government, nonprofit associations, etc., in construction, operation, etc., of
public hospitals, health centers, etc. The State Board of Health is hereby authorized and
empowered to acquire, construct, equip, maintain and operate public hospitals, health centers
and related facilities for the treatment of any type of disease. The State Board of Health
is authorized and empowered to cooperate and to make contracts with the United States Government,
any local political subdivisions or their agencies, any nonprofit association or public improvement
society in the acquisition, building, equipping, maintaining and operating of any public hospitals,
health centers and related facilities for the treatment of any kind of disease. (Acts 1975,
No. 1197, p. 2365, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-4-14.htm - 1K - Match Info - Similar pages
41-10-67
Section 41-10-67 Awarding, etc., of contracts for construction of facilities, buildings and
structures; supervision, etc., of construction; payments to contractors; agreement of authority
and Building Commission as to construction cost estimate. All facilities, buildings and structures
constructed by the authority shall be constructed according to plans and specifications of
architects or engineers selected by the authority. Such construction shall be done under the
supervision and direction of the Building Commission or any agency designated by the Legislature
as its successor following award for each part of the work to the lowest responsible bidder
after advertising for receipt and public opening of sealed bids; provided, that the invitations
for bids and the bidding documents shall be so arranged that any alternates from the base
bid shall constitute cumulative deductions from the base bid; and, in determining the lowest
bidder, if funds are insufficient to construct the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-67.htm - 3K - Match Info - Similar pages
16-16-10
Section 16-16-10 Disposition of proceeds of bonds. (a) The proceeds of all bonds, other than
refunding bonds, issued by the authority remaining after paying expenses of their issuance
shall be deposited in the State Treasury and shall be carried in the State Treasury in a special
or separate account. Said expenses shall be deducted from that portion of the said proceeds
allocated in subsection (o) of this section. Such remaining funds shall be subject to be drawn
upon by the authority with the approval of the secretary of the authority and the Governor,
but any funds so withdrawn shall be used solely for the purpose of financing the construction,
reconstruction, alteration, improvement and equipment of buildings and other facilities for
public educational purposes, including the cost of architectural services therefor and services
rendered by building inspectors for periodic and final inspections thereof, and for acquiring
sites therefor, in accordance with the provisions of this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16-10.htm - 9K - Match Info - Similar pages
16-47-195
Section 16-47-195 Construction and operation of recreational facilities. The University of
Alabama, in addition to other powers, shall have the right, power and authority to construct
and operate suitable public service or recreational privileges and conveniences on any land
or water embraced within the scope of this article and to charge and collect reasonable fees
for the use of same and to enter into contracts for the operation of any such privilege or
convenience and to enter into contracts with the federal government and with states, counties,
municipalities, corporations, associations or individuals for the purpose of constructing,
planning, utilizing, developing, expanding, protecting or maintaining any such privileges
or conveniences or any building or facility appertaining thereto. (Acts 1961, Ex. Sess., No.
102, p. 2018, §8.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-47-195.htm - 1K - Match Info - Similar pages
16-18B-16
Section 16-18B-16 Appropriation and allocation of funds. There is hereby appropriated so much
of the bond proceeds and interest income thereon as may be necessary for the acquisition,
provision, construction, improvement, renovation, equipping and maintenance of forensic sciences
laboratories and educational facilities for the provision of instruction and research in the
field of forensic sciences. Moneys in the fund (whether original proceeds from the sale of
the bonds or principal proceeds of matured permitted investments) shall be paid out from time
to time in orders or warrants issued by or on the direction of the corporation for the purposes
specified in this article that may be deemed by the corporation to be most advantageous to
the state, and such moneys shall be allocated and expended by the corporation, subject to
all the provisions of this article, in the amounts set out as follows: (1) $10,000,000 to
plan, design, inspect, construct, reconstruct, enlarge, improve, repair,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18B-16.htm - 1K - Match Info - Similar pages
22-21-338
Section 22-21-338 Authority as designated agency for purposes of Division 2 of Article 4 of
this chapter. An authority shall constitute a "hospital corporation" as that term
is used in Division 2 of Article 4 of this chapter; and any county otherwise authorized to
do so may designate any authority having the power to own and operate health care facilities
situated in such county as the agency of such county to acquire, construct, equip, operate
and maintain public hospital facilities in such county, in the manner and with the consequences
specified in said Division 2. Such authority shall, if so designated, receive the proceeds
from any special public hospital tax referred to in said Division 2. Further, the reincorporation
hereunder of any public hospital corporation that has theretofore been designated as the agency
of a county to acquire, construct, equip, operate and maintain public hospital facilities
in such county shall in no way impair or invalidate such designation, and such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-338.htm - 1K - Match Info - Similar pages
|