|
41-10-145
Section 41-10-145 Bonds - Use of proceeds from sale. All moneys derived from the sale of any
bonds issued by an authority shall be used solely for the purpose or purposes for which the
same are authorized and any costs and expenses incidental thereto. Such costs and expenses
may include, but shall not be limited to: (1) The fiscal, engineering, architectural, legal
and other expenses incurred in connection with the issuance and sale of the bonds; (2) In
the case of bonds issued to pay costs of construction, building, acquisition, restoration,
renovation or improvement of property of the authority, interest on such bonds (or, if a part
only of bonds of any series is issued for such purposes, interest on that portion of the bonds
of that series that is issued to pay such costs) prior to and during such construction, building,
acquisition, restoration, renovation or improvement of property of the authority; and (3)
In the case of bonds issued for the purpose of refunding principal and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-145.htm - 1K - Match Info - Similar pages
11-32-12
Section 11-32-12 Use of bond proceeds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purposes for which the moneys are authorized
and any costs and expenses incidental thereto. The costs and expenses may include, but shall
not be limited to, the following: (1) The fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds. (2) In the case of bonds issued to pay costs
of acquiring or constructing all or any part of a transit system interest on the bonds or,
if a part only of any series of bonds is issued for acquisition or construction purposes,
interest on that portion of the bonds of that series that is issued to pay the acquisition
or construction costs prior to and during the acquisition or construction and not exceeding
one year after completion of the acquisition or construction. (3) In the case of refunding
bonds, any premium that it may be necessary to pay in order to redeem or retire...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-12.htm - 1K - Match Info - Similar pages
11-49A-13
Section 11-49A-13 Use of bond proceeds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purpose or purposes for which the same are authorized
and any costs and expenses incidental thereto. Such costs and expenses may include but shall
not be limited to: (1) The fiscal, engineering, legal, and other expenses incurred in connection
with the issuance of the bonds; (2) In the case of bonds issued to pay costs of acquiring
or constructing all or any part of a transit system interest on such bonds (or, if a part
only of any series of bonds is issued for acquisition or construction purposes, interest on
that portion of the bonds of that series that is issued to pay such acquisition or construction
costs) prior to and during such acquisition or construction and for not exceeding one year
after completion of such acquisition or construction; and (3) In the case of bonds issued
for the purpose of refunding principal and interest, or either, with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49A-13.htm - 1K - Match Info - Similar pages
45-49A-64.12
Section 45-49A-64.12 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized and any costs and expenses incidental thereto. Such costs and expenses may
include, but shall not be limited to, all of the following: (1) The fiscal, engineering, legal,
and other expenses incurred in connection with the issuance of the bonds. (2) In the case
of bonds issued to pay costs of acquiring or constructing all or any part of a transit system
interest on such bonds (or, if a part only of any series of bonds is issued for acquisition
or construction purposes, interest on that portion of the bonds of that series that is issued
to pay such acquisition or construction costs) prior to and during such acquisition or construction
and for not exceeding one year after completion of such acquisition or construction. (3) In
the case of bonds issued for the purpose of refunding principal...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-64.12.htm - 1K - Match Info - Similar pages
45-46-90.11
Section 45-46-90.11 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized and any costs and expenses incidental thereto; provided, however, site
preparation grants for industrial development shall not be included as a part of such costs
and expenses. Such costs and expenses may include, but shall not be limited to, all of the
following: (1) The fiscal, engineering, legal, and other expenses incurred in connection with
the issuance of the bonds. (2) In the case of bonds issued to pay costs of acquiring or constructing
all or any part of any facility, interest on such bonds (or if a part only of any series of
bonds is issued for acquisition or construction purposes, interest on that portion of the
bonds of the series that is issued to pay such acquisition or construction costs) prior to
and during such acquisition or construction and for not exceeding one...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-46-90.11.htm - 1K - Match Info - Similar pages
33-12-5
Section 33-12-5 Powers, duties and functions. The powers, duties and functions of the agency
shall be as follows: (1) GENERALLY. The agency a. Shall have perpetual succession in its corporate
name. b. May sue and be sued in its corporate name. c. May adopt, use and alter a corporate
seal, which shall be judicially noticed. d. May enter into such contracts and cooperative
agreements with the federal, state and local governments, with agencies of such governments,
with private individuals, corporations, associations, trusts and other organizations as the
board may deem necessary or convenient to enable it to carry out the purposes of this chapter,
including the planned, orderly residential development of the area. e. May adopt, amend and
repeal bylaws. f. May appoint such managers, officers, employees, attorneys and agents as
the board deems necessary for the transaction of its business, fix their compensation, define
their duties, require bonds of such of them as the board may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-12-5.htm - 18K - Match Info - Similar pages
11-97-2
Section 11-97-2 Definitions. The following words and phrases used in this chapter, and others
evidently intended as the equivalent thereof, shall, in the absence of a clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPLICANT.
A natural person who files a written application with the governing body of any county or
municipality in accordance with the provisions of Section 11-97-3 hereof. (2) AUTHORIZING
RESOLUTION. A resolution of ordinance adopted by the governing body of any county or municipality
in accordance with the provisions of Section 11-97-3 hereof, that authorizes the incorporation
of a corporation. (3) BOARD. The board of directors of a corporation. (4) BONDS. Bonds, notes,
or other obligations representing an obligation to pay money. (5) CORPORATION. Any public
corporation organized pursuant to the provisions of this chapter. (6) COSTS. As applied to
a facility or any portion thereof, shall include all or any part of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-2.htm - 10K - Match Info - Similar pages
23-7-2
Section 23-7-2 Definitions. For the purposes of this chapter, the following words shall have
the following meanings: (1) BANK. The Alabama Transportation Infrastructure Bank. (2) BOARD.
The board of directors of the bank. (3) BONDS. Includes bonds, notes, or other evidence of
indebtedness except as otherwise provided in this chapter. (4) DEPARTMENT or DEPARTMENT OF
TRANSPORTATION. The Alabama Department of Transportation. (5) ELIGIBLE COST. As applied to
a qualified project to be financed from the federal highway account, the costs that are permitted
under applicable federal laws, requirements, procedures, and guidelines in regard to establishing,
operating, and providing assistance from the bank. As applied to a qualified project to be
financed from the state highway account, these costs include the costs of preliminary engineering,
traffic, and revenue studies; environmental studies; right-of-way acquisition; legal and financial
services associated with the development of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-7-2.htm - 9K - Match Info - Similar pages
40-9B-3
Section 40-9B-3 Definitions. (a) For purposes of this chapter, the following words and phrases
mean: (1) ABATE, ABATEMENT. A reduction or elimination of a taxpayer's liability for tax or
payments required to be made in lieu thereof. An abatement of transaction taxes imposed under
Chapter 23 of this title, or payments required to be made in lieu thereof, shall relieve the
seller from the obligation to collect and pay over the transaction tax as if the sale were
to a person exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE
ENERGY RESOURCES. The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED TRANSACTION
TAXES. The transaction taxes imposed by Chapter 23 of this title, or payments required to
be made in lieu thereof, on tangible personal property and taxable services incorporated into
an industrial development property, the cost of which may be added to capital account with
respect to the property, determined without regard to any rule which...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-9B-3.htm - 19K - Match Info - Similar pages
11-49B-12
Section 11-49B-12 Proceeds from sale of bonds. All moneys derived from the sale of bonds issued
by the authority shall be used solely for the purpose for which the bonds are authorized and
any costs and expenses incidental to the bonds. The costs and expenses may include, but shall
not be limited to: (1) The fiscal, engineering, legal, and other expenses incurred in connection
with the issuance of the bonds. (2) Bonds issued to pay costs of acquiring or constructing
all or any part of a transit system, interest on such bonds or, if a part only of any series
of bonds is issued for acquisition or construction purposes, interest on that portion of the
bonds of that series that is issued to pay the acquisition or construction costs prior to
and during the acquisition or construction and not exceeding one year after completion of
the acquisition or construction. (3) Bonds issued for refunding principal and interest, or
either, with respect to bonds issued or obligations assumed by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49B-12.htm - 1K - Match Info - Similar pages
|