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9-14A-19
Section 9-14A-19 Bonds - Proceeds - Alabama State Parks System Maintenance Fund. Except as
provided herein, the proceeds from the bonds issued by the Alabama State Parks System Improvement
Corporation and interest income thereon are appropriated for the acquisition, provision, construction,
improvement, renovation, equipping, and maintenance of the state parks system and the issuance
costs of the bonds. Five percent of such proceeds and any revenues generated therefrom shall
be distributed into a separate fund entitled the Alabama State Parks System Maintenance Fund
and shall be used exclusively for maintenance of the state parks system. (Act 2000-708, p.
1487, §19.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-14A-19.htm - 982 bytes - Match Info - Similar pages
9-14A-13
Section 9-14A-13 Bonds - Proceeds - Alabama State Parks System Improvement Fund. The proceeds
derived from the sale of each series of the bonds issued pursuant to this chapter by the Alabama
State Parks System Improvement Corporation other than refunding bonds shall be paid into the
State Treasury upon receipt thereof, and the State Treasurer shall keep such proceeds, as
well as all income received from the investment and reinvestment of such proceeds (including
income derived from the investment and reinvestment of previously derived income), in a special
fund in the State Treasury, designated "The Alabama State Parks System Improvement Fund,"
pending the expenditure of such proceeds and income for the purposes hereinafter authorized
and as required by said amendment. All proceeds so deposited in the State Treasury shall be
continuously invested by the State Treasurer in permitted investments, and as and when income
from the investment of such proceeds is received, such income shall...
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9-14A-18
Section 9-14A-18 Contracts. All contracts of the corporations for the acquisition, provision,
construction, improvement, renovation, equipping, and maintenance of the state parks system,
public historical sites and public historical parks shall be in writing, shall be subject
to the rules and regulations of and shall be let under the supervision of the Alabama Department
of Conservation and Natural Resources, and shall be subject to approval by the Governor and
the Director of Finance. Contracts under the Alabama State Parks System Improvement Corporation
must also be approved by the Alabama Department of Conservation and Natural Resources. Any
property acquired by the corporations by purchase, condemnation or otherwise shall be acquired
in the name of the state or shall be forthwith conveyed to the state. (Act 2000-708, p. 1487,
§ 18.)...
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9-14A-8
Section 9-14A-8 Additional powers of the Alabama Public Historical Sites and Parks Improvement
Corporation. In addition to the powers provided in the above Section 9-14A-6, the Alabama
Public Historical Sites and Parks Improvement Corporation shall have the following powers:
(a) To acquire, provide, construct, improve, renovate, equip, and maintain public historical
sites and public historical parks not under the jurisdiction of the Department of Conservation
and Natural Resources. (b) To acquire by purchase, gift, or the exercise of the power of eminent
domain, or any other lawful means, and to transfer, convey or cause to be conveyed to the
state, any real, personal or mixed property necessary or convenient in connection with the
acquiring, providing, constructing, improving, renovating, equipping and maintenance of public
historical sites and public historical parks not under the jurisdiction of the Department
of Conservation and Natural Resources. (c) To enter into contracts with...
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9-14A-7
Section 9-14A-7 Additional powers of Alabama State Parks System Improvement Corporation. In
addition to the powers provided in the above Section 9-14A-6, the Alabama State Parks System
Improvement Corporation shall have the following powers: (a) To acquire, provide, construct,
improve, renovate, equip and maintain the state parks system. (b) To acquire by purchase,
gift, or the exercise of the power of eminent domain, or any other lawful means, and to transfer,
convey or cause to be conveyed to the state, any real, personal or mixed property necessary
or convenient in connection with the acquiring, providing, constructing, improving, renovating,
equipping and maintenance of parks and park facilities. (c) To enter into contracts with municipalities,
counties, the Alabama Department of Conservation and Natural Resources or other agencies or
political subdivisions of the state or any other state, private persons, firms, corporations
and any branch of the federal government, in furtherance...
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16-18B-2
Section 16-18B-2 Definitions. Where used in this article the following words and terms shall
be given the following respective meanings unless the context hereof clearly indicates otherwise:
(1) AMENDMENT. The amendment to the constitution of the state authorizing the issuance of
the bonds. (2) CORPORATION. The public corporation authorized to be created by this article.
(3) BOARD OF DIRECTORS. The board of directors of the corporation. (4) BONDS. The bonds issued
under this article. (5) CODE. The Code of Alabama 1975, as amended. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are unconditionally guaranteed by the
United States of America and any certificates or any other evidences of an ownership interest
in such obligations of, or unconditionally guaranteed by, the...
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23-6-9
Section 23-6-9 Disposition of bond proceeds; industrial access road and bridge construction
account; refunding bonds; contracts for construction, etc., of roads and bridges; performance
of work done without contract; property acquired by corporation; roads and bridges constructed
to be part of public highway system; appropriation for road and bridge construction. The proceeds
of all bonds, other than refunding bonds, issued by the corporation, remaining after paying
the expenses of their issuance, shall be turned into the treasury, shall be carried in a special
industrial access road and bridge construction account, and shall be available to be drawn
upon by the corporation, upon the approval of the State Department of Transportation and the
Governor, but solely for the purpose of constructing, reconstructing, and relocating industrial
access roads and bridges and work incidental or related thereto, including the acquisition
of property necessary therefor. Moneys on deposit in the...
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9-2-9
Section 9-2-9 Commissioner of Conservation and Natural Resources - Powers and duties as to
state parks, etc., generally. The Commissioner of Conservation and Natural Resources, acting
through the Division of Parks, shall have the following powers and authorities: (1) To acquire
in the name of the State of Alabama by purchase, lease, agreement, license, condemnation or
otherwise land deemed necessary or desirable to be preserved, improved, protected and maintained
as a part of the state park system and to accept in his discretion, in fee or otherwise, land
donated, entrusted, conveyed or devised to the state for like purposes and with like discretion
to accept gifts, contributions or bequests of money or other personal property of value to
be used or expended for the benefit of the state park system; (2) To contract and make cooperative
agreements with the federal government and with states, counties, municipalities, corporations,
associations or individuals for the purpose of...
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11-86A-16
Section 11-86A-16 Application of proceeds from the sale of bonds; source of payment; pledge
of county's or municipality's credit; negotiability; exemption from taxation; pledge as security
for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing
required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement
System of Alabama, and the State Insurance Fund; investment in bonds by public persons. (a)
The proceeds from the sale of any bonds shall be applied as provided in the proceedings in
which the bonds are authorized to be issued, including, without limitation, the payment of
all legal, fiscal, and recording fees and expenses incurred in connection with the authorization,
sale, and issuance of the bonds and, if provided in the proceedings authorizing their issuance,
interest on the bonds (or if only a part of any issue of bonds is issued for acquisition purposes,
interest on that portion of the bonds of that issue...
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22-23A-1
Section 22-23A-1 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
(1) AUTHORITY. The corporation organized pursuant to the provisions of this chapter as a public
corporation, agency and instrumentality of the state and known as the "Alabama Water
System Assistance Authority." (2) AUTHORIZING RESOLUTION. A resolution or order adopted
by the board of directors of the authority authorizing the issuance of bonds by the authority
pursuant to this chapter. (3) BOARD OF DIRECTORS. The board of directors of the Alabama Water
System Assistance Authority. (4) BONDS. The "Water System Assistance Bonds," notes
or obligations or other evidences of indebtedness issued by the authority under the provisions
of this chapter. (5) BOND PROCEEDS. The direct proceeds of sale of bonds or notes, and the
income derived from the investment of such proceeds. (6) COMMUNITY WATER SYSTEM. A...
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