11-92A-18
Section 11-92A-18 Exemptions from taxation. All properties of an authority, whether real, personal,
or mixed, and the income therefrom, all bonds and other securities issued by an authority
and the coupons applicable thereto and the income therefrom, and all indentures and other
instruments executed as security therefor, all leases and loan agreements made pursuant to
the provisions of this chapter and all revenues derived from any such leases or loan agreements,
and all deeds and other documents executed by or delivered to an authority shall be exempt
from any and all taxation by any public person, including without limitation license and excise
taxes imposed in respect of the privilege of engaging in any of the activities in which an
authority may engage. An authority shall not be obligated to pay or allow any fees, taxes,
or costs to the probate judge in connection with the amendment of its articles or the recording
of any document. Further, the gross proceeds of the sale of any...
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11-94-9
Section 11-94-9 Powers of authority; location of projects. (a) An authority organized and existing
under this chapter shall have the following powers, together with all powers incident thereto
or necessary for the performance of those stated herein: (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 in the municipality which is an authorizing
subdivision and sub-offices at such other place or places within the county which is an authorizing
subdivision as its board may designate; (4) To sue and be sued in its own name, excepting
actions in tort against the authority; (5) To acquire, whether by purchase, construction,
exchange, gift, lease, or otherwise and to improve, equip, and furnish and to own and maintain
one or more projects or parts thereof, including all real and personal properties and interests
therein which its board may deem necessary in...
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16-16-14
Section 16-16-14 Use of bond proceeds for loans to local boards of education. The proceeds
derived from the sale of any bonds issued pursuant to subsection (b) of Section 3 of Act 98-373
shall be deposited in the State Treasury and shall be carried in a separate fund therein for
the account of the authority, which shall pay therefrom the expenses of issuance thereof.
The proceeds from the sale of the bonds remaining after payment of the expenses of issuance
thereof shall be retained in such fund and, until they are paid out, shall be invested by
the State Treasurer at the direction of the authority in permitted investments which mature
at such time or times as the authority shall direct. Monies in the fund (whether original
proceeds from the sale of the bonds or principal proceeds of matured permitted investments)
shall be available for loan by the authority. The authority is hereby authorized to loan,
and each local board of education is hereby authorized to borrow, such monies under...
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22-34-6
Section 22-34-6 General powers. (a) The authority shall have the following powers, among others
specified by this chapter: (1) To have succession in its corporate name until the principal
of an interest on all bonds issued by it shall have been fully paid; (2) To sue and be sued
and to prosecute and defend, at law and in equity, in any court having jurisdiction of the
subject matter and of the parties thereto; (3) To have and to use a corporate seal and to
alter such seal at pleasure; (4) To establish a fiscal year; (5) To acquire in any manner
and to hold title to or leasehold interests in real and personal property and to sell, convey
or lease the same for purpose of carrying out its functions and duties hereunder; (6) To construct
and operate or lease to or from any public body and project; (7) To execute agreements effectively
obligating the authority to agree to pay and to pay such portion of the estimated reasonable
cost of the project of each public body as may be required to...
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23-2-153
Section 23-2-153 Exemptions from levy, charge, assessment, collection, etc., of certain taxes;
certificate of exemption. (a) The exercise of the powers granted by this article shall be
in all respects for the benefit of the people of the state, for the increase of their commerce
and prosperity, and for the improvement of their health and living conditions. Since the ownership,
operation, and maintenance of toll road, bridge, or tunnel projects by the authority will
constitute the performance of essential functions, the authority, department, and any concessionaire,
or any contractor, subcontractor, or agent thereof, shall not be required to pay the taxes
or assessments as specifically authorized in this section upon any toll road, bridge, or tunnel
project or any property acquired or used by the authority, department, or any concessionaire
under this article. (b) An income, excise, or license tax or assessment may not be levied
upon or collected in the state with respect to any...
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24-1-27
Section 24-1-27 Powers and duties of authority. (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 any city located
within its boundaries 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
any city or regional planning agency. (4) To prepare, carry out,...
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33-1-16
Section 33-1-16 Terminal railroads. The port authority may acquire, own, lease, locate, install,
construct, hold, maintain, control, and operate at seaports a line of terminal railroads with
necessary sidings, turn outs, spurs, branches, switches, yard tracks, bridges, trestles, and
causeways, and in connection therewith or appurtenant thereto shall have the further right
to lease, install, construct, acquire, own, maintain, control, and use any and every kind
or character of motive power and conveyances or appliance necessary or proper to carry passengers,
goods, wares, and merchandise over, along or upon the tracks of the railroads or other conveyances.
The port authority may make agreements as to scale of wages, seniority, and working conditions
with locomotive engineers, locomotive firemen, switchmen and switch engine foremen, and hostlers
engaged in the operation of the terminal railroads provided for in this section, and the service
and equipment pertinent thereto. Should the...
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33-1-36
Section 33-1-36 Authority of Alabama State Port Authority to contract with federal government
for purpose of receiving funds, supplies, facilities, etc.; regulation and promotion of projects;
payment of relocation, etc., expenses of persons displaced. (a) The State of Alabama, acting
through its agency, the Alabama State Port Authority, with the consent of the Governor, is
hereby authorized and empowered to enter into contracts, leases, compacts or any other form
of agreement with the United States of America or any of its agencies, departments or bureaus,
for the purpose of receiving or acquiring from the United States of America or any of its
agencies, departments or bureaus, funds, matching funds, services, materials, supplies, buildings,
structures, waterways, channels, water terminals, docking facilities and other benefits deemed
for the public interest in the promotion of waterways and navigation in the State of Alabama.
(b) Such contracts, leases, compacts or other forms of...
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33-2-33
Section 33-2-33 Authority to acquire, construct, maintain, etc., new facilities; completion
of facilities acquired under 1957 act; plans and survey; approval of Governor; permit or consent
from federal authorities. The state, acting through the department, shall, in engaging in
the works of internal improvement authorized by this article, have the power to acquire, purchase,
install, lease, construct, own, hold, maintain, equip, control and operate along navigable
rivers, streams or waterways now or hereafter existing within the state, and at river ports
or landings along such navigable rivers, streams or waterways, dock facilities of all kinds,
in aid of commerce and use of navigable waterways of the state, to the fullest extent practicable
and to such extent as the department shall deem desirable or proper. The authority herein
granted shall include the completion of any dock facilities originally acquired under the
provisions of the 1957 Docks Act, and also the dredging of...
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33-2-63
Section 33-2-63 Authority to acquire, construct, maintain, etc., new facilities; completion
of facilities acquired under 1957 and 1959 acts; plans and survey; approval of Governor; permit
or consent from federal authorities. The state, acting through the department, shall, in engaging
in the works of internal improvement authorized by this article, have the power to acquire,
purchase, install, lease, construct, own, hold, maintain, equip, control and operate along
navigable rivers, streams or waterways now or hereafter existing within the state, and at
river ports or landings along such navigable rivers, streams or waterways, dock facilities
of all kinds, in aid of commerce and use of navigable waterways of the state, to the fullest
extent practicable and to such extent as the department shall deem desirable or proper. The
authority herein granted shall include the completion of any dock facilities originally acquired
under the provisions of the 1957 Docks Act, or the 1959 Docks Act;...
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