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45-23A-22
Section 45-23A-22 Television cable system. (a) The provisions of this section shall apply only
to the City of Daleville in Dale County. (b) The municipal corporation of the City of Daleville
in Dale County shall have the right to establish, purchase, construct, maintain, and operate
a television cable system and to furnish television cable service to their residents and residents
of surrounding territory. (c) The municipal corporation is authorized to construct, lease,
purchase, or otherwise acquire television lines or cables for the furnishing of television
service from any point in this state or any other state to the municipal corporation and surrounding
territory. (d) For the purposes of this section such municipal corporation may exercise the
right of eminent domain. Such eminent domain proceedings shall be conducted in the manner
now provided by law. (e)(l) In payment for the purchase, construction, acquisition, extension,
or maintenance of the television cable system, the...
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45-28A-90
Section 45-28A-90 Television cable services. (a) This section shall apply only to the Town
of Sardis in Etowah County. (b) The municipal corporation of the Town of Sardis in Etowah
County shall have the right to establish, purchase, construct, maintain, and operate a nonexclusive
television cable system and to furnish television cable service to their residents and residents
of surrounding unincorporated areas of Etowah County not then served by an existing cable
television system or systems. (c) The municipal corporation is authorized to construct, lease,
purchase, or otherwise acquire television lines or cables for the furnishing of television
service from any point in this state or any other state to the municipal corporation and surrounding
territory. (d) For the purposes of this section such municipal corporation may exercise the
right of eminent domain. Such eminent domain proceedings shall be conducted in the manner
now provided by law. (e)(1) In payment of the purchase,...
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9-9-40
Section 9-9-40 Bonds - Remedies and proceedings upon default. (a) If any installment of principal
and interest evidenced by any bonds issued under the provisions of this article shall not
be paid at the time and in the manner when the same shall become due and payable, the same
shall bear interest at the rate of eight percent per annum until paid, and if such default
shall continue for a period of 60 days, the holder or holders of such bond or bonds upon which
default has been made may have a right of action against said water management district wherein
the court may issue a writ of mandamus against the officers of said district, including the
tax collector, directing the levying of a sufficient tax as provided in this article and the
collection of same in such sum as may be necessary to meet any unpaid installments of principal
and interest and costs of suit and such other remedies are hereby vested in the holder or
holders of such bond or bonds in default as may be authorized by...
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11-92A-23
Section 11-92A-23 Special reserve funds and applications for appropriations. (a) In addition
to all other powers at any time conferred upon an authority by law, an authority may, in connection
with the issuance of any bonds hereunder, create and establish one or more special debt service
reserve funds (a "debt service reserve fund"), and may pay or cause to be paid into
each debt service reserve fund (i) proceeds from bonds issued pursuant hereto to the extent
provided by the authority authorizing the issuance thereof; (ii) any moneys appropriated and
made available by the Legislature for the purpose of such fund; and (iii) any other moneys
that may be made available to the authority from any other source for the purpose of such
fund. All moneys held in a debt service reserve fund shall be used solely for the payment
of the principal of, premium, if any, and interest on bonds secured, in whole or in part,
by that fund when and as the same become due and payable as provided in the...
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16-13-301
Section 16-13-301 Definitions. The following terms as used in this article shall have the following
meanings: (1) BOARD. Any county board of education and any city board of education. (2) COSTS.
When used with reference to or in connection with any public school facility or any portion
thereof, all or any part of the costs of acquiring, constructing, altering, enlarging, extending,
reconstructing, or remodeling such facility, including (i) the costs of all lands, structures,
real or personal property, rights, rights-of-way, franchises, easements, permits, licenses
and interests acquired or used for, in connection with or with respect to such public school
facility; (ii) the costs of demolishing or removing any buildings or structures on land so
acquired, including the costs of acquiring land to which such buildings or structures may
be moved; (iii) the costs of all machinery, equipment, furniture, furnishings, fixtures, and
tangible and intangible personal property acquired or used...
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2-6-51
Section 2-6-51 Lease authorized. The Agricultural Center Board is hereby authorized and empowered
to enter into an agreement with the corporation under which agreement all or any part of the
properties of the corporation shall be leased to the board. The lease agreement shall begin
upon the completion of the construction and equipment of the coliseum and the necessary facilities
in connection therewith and shall extend for such period of time as may be agreed upon by
the board and the corporation; provided, that it shall not exceed for any period later than
the last maturity of any bonds which may be issued by the corporation. The lease agreement
shall provide for the payment by the board as rental for the properties covered thereby of
an amount sufficient to pay, as the same respectively mature, the principal of and interest
on all bonds issued by the corporation and to create and maintain a reserve therefor and shall
require the board, as additional rental, to pay the premiums on all...
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39-7-22
Section 39-7-22 Powers generally; consent of Department of Finance required for issuance or
sale of bonds or other evidence of indebtedness by authority. (a) Subject only to the Constitution
of the State of Alabama, each authority incorporated under this chapter shall have power:
(1) To sue and be sued; (2) To have a seal and alter the same at pleasure; (3) To acquire,
by purchase, gift, devise, lease or exercise of the power of eminent domain or other mode
of acquisition, hold and dispose of property real and personal, tangible and intangible, and
interests therein in its own name, subject to mortgages or other liens or otherwise, and to
pay therefor in cash or on credit and to secure and procure payment of all or any part of
the purchase price thereof on such terms and conditions as it shall determine; (4) To make
and enter into contracts, indentures of trust, leases and bonds; (5) To borrow money and to
issue negotiable bonds and provide for the rights of the holders thereof; (6) To...
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41-10-44.6
Section 41-10-44.6 Project obligations generally. (a) Issuance of project obligations. The
authority is authorized and empowered to issue its project obligations from time to time for
the purpose of financing one or more projects in such aggregate principal amount as the board
of directors shall determine to be necessary to provide for all or a portion of the project
costs of the project or projects being financed and to pay the expenses of issuing the project
obligations. (b) Source of payment. All project obligations issued by the authority shall
be limited obligations of the authority payable solely from any combination of the following:
(1) The revenues and receipts of the authority derived from the financing agreement or agreements
entered into by the authority with respect to the project or projects financed by such project
obligations; (2) the income or proceeds realized by the authority under any mortgage or other
security granted to the authority; (3) amounts derived from any...
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41-10-468
Section 41-10-468 Use of proceeds from sale of bonds. All proceeds derived from the sale of
any bonds (except refunding bonds) sold by the authority remaining after payment of the expenses
of issuance thereof and the funding of any required reserve or replacement fund shall be turned
over to the State Treasurer, shall be carried by the State Treasurer in a special account
to the credit of the authority, and shall be subject to be drawn on by the authority solely
for the purposes of constructing, renovating, reconstructing, improving, altering, adding
to, demolishing, and equipping one or more public office buildings (including the State Capitol),
surfacing and resurfacing of land for parking and other uses to produce revenue, and all reasonable
and necessary expenses incidental thereto, including interest which shall accrue on said bonds
during the construction, renovation, reconstruction, improvement, alteration, addition, demolition,
and equipping of said buildings, surfacing and...
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45-37-170.26
Section 45-37-170.26 Powers of authority. The authority shall have the following powers together
with all powers incidental thereto or necessary for the performance of the powers stated in
this section: (1) To have succession by its corporate name without time limit. (2) To sue
and be sued and to prosecute and defend civil actions in any court having jurisdiction of
the subject matter and of the parties. (3) To have and to use a corporate seal and to alter
the same at its pleasure. (4) To receive and expend funds from federal, state, county, municipal,
and private sources for the purposes hereof. (5) To dig channels, build dikes, dams, and lakes
or ponds to contain flood waters as deemed useful by it to improve flood control, and whenever
practical to build any and all facilities which can contribute to the use of such flood control
channels for navigation. (6) To contract with municipalities and counties for the financing
and joint construction and operation of such facilities. (7) To...
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