Code of Alabama

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33-2-130
Section 33-2-130 Application of revenues from inland facilities. The gross revenues derived
from the operation of each unit of development comprising a part of the inland facilities
shall be applied for the following purposes in the following order: (1) Payment of the expenses
of operating and maintaining in good operating condition the unit of development from which
such revenues are derived; and (2) payment of the expenses of operating and maintaining in
good condition any other unit of development or units of development comprising a part of
the inland facilities. Whenever the gross revenues received by the department from the inland
facilities during a fiscal year shall be greater than the expenses of operating and maintaining
in good operating condition the inland system during the fiscal year, then the revenues from
the inland system remaining at the end of the fiscal year after compliance with the first
sentence of this section shall be applied for that one or more or all of the...
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33-2-160
Section 33-2-160 Application of revenues from inland facilities. The gross revenues derived
from the operation of each unit of development comprising a part of the inland facilities
shall be applied for the following purposes in the following order: (1) Payment of the expenses
of operating and maintaining in good operating condition the unit of development from which
such revenues are derived; and (2) payment of the expenses of operating and maintaining in
good condition any other unit of development or units of development comprising a part of
the inland facilities. Whenever the gross revenues received by the department from the inland
facilities during a fiscal year shall be greater than the expenses of operating and maintaining
in good operating condition the inland system during the fiscal year, then the revenues from
the inland system remaining at the end of the fiscal year after compliance with the first
sentence of this section shall be applied for that one or more or all of the...
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33-2-71
Section 33-2-71 Application of revenues from inland waterways facilities. The gross revenues
derived from the operation of each unit of development comprising a part of the inland waterways
facilities shall be applied for the following purposes in the following order: (1) Payment
of the expenses of operating and maintaining in good operating condition the unit of development
from which such revenues are derived; and (2) payment of the expenses of operating and maintaining
in good condition any other unit of development or units of development comprising a part
of the inland waterways facilities. Whenever the gross revenues received by the department
from the inland waterways facilities during a fiscal year shall be greater than the expenses
of operating and maintaining in good operating condition the inland waterways system during
that fiscal year, then the revenues from the inland waterways system remaining at the end
of that fiscal year after compliance with the first sentence of...
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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...
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11-81-170
Section 11-81-170 Revenue bonds - Disposition of proceeds from sale - Proceeds to be used only
for purposes for which bonds authorized; excess proceeds. All moneys derived from the sale
of any revenue bonds issued under the provision of this article shall be used solely for the
purpose or purposes for which the same are authorized, including any engineering, legal and
other expenses incident thereto, and, in the case of bonds issued in whole or in part for
construction, interest on such bonds or such part prior to and during construction and for
one year after completion of construction and, in the case of bonds issued for the purpose
of refunding outstanding revenue bonds, any premium which it may be necessary to pay to redeem
or retire such bonds. If the proceeds of the bonds of any issue shall exceed the amount required
for the purpose or purposes for which the same are issued, the surplus shall be paid into
the fund provided in Section 11-81-181 for the payment of the principal of...
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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...
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11-15-13
Section 11-15-13 Warrants - Disposition of proceeds from sale. The proceeds derived from the
sale of any warrants (other than refunding warrants) may be used only to pay the cost of acquiring,
constructing, improving, enlarging and equipping a project or any part thereof as may be specified
in the proceedings in which the warrants are authorized to be issued. Such cost shall be deemed
to include the following: the cost of any land forming a part of the project; the cost of
the labor, materials and supplies used in any such construction, improvement or enlargement,
including architect's and engineer's fees and the cost of preparing contract documents and
advertising for bids; the purchase price of and the cost of installing equipment for the project;
the cost of landscaping the lands forming a part of the project and of constructing and installing
roads, sidewalks, curbs, gutters, utilities and parking places in connection therewith; fees
and expenses in connection with the...
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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...
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11-50-406
Section 11-50-406 Bonds - Disposition of proceeds from sale. All moneys derived from the sale
of any bonds issued by any district incorporated under this article shall be used solely for
the purpose or purposes for which the same are authorized, including any engineering, legal
or other expenses incident thereto and, in the case of bonds issued in whole or in part for
the construction of a gas system or systems or any part thereof, interest on such bonds (or,
if a part only of the bonds are issued for the purpose of such construction, on the part of
such bonds issued for that purpose) prior to and during such construction and, in the case
of bonds issued by a district for the purpose of refunding outstanding bonds of such district,
any premium which it may deem necessary to pay in order to redeem or retire the bonds to be
refunded and any interest (accrued and to accrue) on the bonds to be so refunded. The treasurer
or other officer designated by the board of directors shall give a...
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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...
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