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11-20-73
and attorneys and to fix their compensation. (9) To hire professionals and enter into contracts
for their services in designing and supervising the construction of any building, agriculture
center, auditorium, arena, convention hall, music hall, art museum, place of recreation, art
exhibit, office building, or other structure that it desires to construct. (10) To make and
enter into contracts and to execute all instruments necessary or convenient to lease or purchase
and own real or personal property to be used for the furtherance of the purposes for
the accomplishment of which the authority is created. (11) To plan for programs and exhibits
in the agriculture center for the advancement of the agricultural, cultural, and workforce
development interests of the citizens of the county and of the municipalities thereof. (12)
To purchase or lease real property and rights or easements therein necessary or convenient
for its purposes and to use the same so long as its existence shall...
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24-1-61
of this article. (5) GOVERNMENT. Such term shall include the state and federal governments
and any subdivision, agency, or instrumentality, corporate or otherwise, of either of them.
(6) STATE. The State of Alabama. (7) FEDERAL GOVERNMENT. Such term shall include the United
States of America, the federal Secretary of Housing and Urban Development or any agency, instrumentality,
corporate or otherwise, of the United States of America. (8) HOUSING PROJECT. Such term shall
include all real and personal property, buildings and improvements, stores, offices,
public school buildings, lands for farming and gardening, and community facilities acquired
or constructed, or to be acquired or constructed, pursuant to a single plan of undertaking
to demolish, clear, remove, alter, or repair unsanitary or unsafe housing or to provide urban
or rural dwelling accommodations at rentals within the means of persons of low income. The
term "housing project" may also be applied to the planning of the...
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41-10-541
such obligations, and which meet the greater of 100% collateralization or the "AA"
collateral levels established by Standard & Poor's Rating Group for structured financings;
and h. Uncollateralized investment agreements with, or certificates of deposit issued by banks
or bank holding companies, the senior long-term securities of which are rated at least "AA"
by Standard & Poor's Rating Group and at least "Aa" by Moody's Investors Service.
(11) FINANCED PROPERTY. All property whether real, personal, or mixed, the costs of
which were or are to be paid or reimbursed in whole or in part with the proceeds of bonds
of the authority or the proceeds of authority-guaranteed obligations. (12) FINANCING AGREEMENT.
Any loan, lease, agreement, grant agreement, financing agreement, credit agreement, security
agreement, mortgage, indenture, guaranty agreement, or other type of agreement entered into
by the authority in connection with the incurring of authority obligations. (13) FUNDING AGREEMENT....
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37-11A-1
by the Governor, or upon its otherwise becoming a law, and when the State of Mississippi ratifies
the compact. Article III. For purposes of this compact, the following terms shall have the
following meanings: (1) Person means an individual, a corporation, a partnership, or any other
entity. (2) Railroad means a common carrier by railroad as defined in Section 1(3) of Part
I of the Interstate Commerce Act [codified as 49 U.S.C. ยง1(3)]. (3) Railroad properties and
facilities mean any real or personal property or interest in property which is owned,
leased, or otherwise controlled by a railroad or other person, including, without limitation,
the authority, and which are used or are useful in rail transportation service, including,
without limiting the generality of the foregoing: a. Track, roadbed, and related structures,
including rail, ties, ballast, other track materials, grading, tunnels, bridges, trestles,
culverts, elevated structures, stations, office buildings used for operating...
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11-92B-10
to hold, keep, improve, maintain, and impose restrictive covenants and land use controls, to
engage in environmental remediation and restoration efforts as required under applicable agreements
with the United States Department of Defense, to equip, furnish, develop, and to transfer,
convey, donate, sell, lease, grant options to, assign, encumber with easements and mortgages
and other security agreements, or otherwise convey or dispose of property of every kind and
character, real, personal, mixed, tangible, and intangible, and any interest therein,
to any person, with the authority receiving adequate consideration, as solely determined by
the authority upon the authority's consideration of tangible and intangible factors in determining
if adequate consideration is to be received by the authority. (5) To make, enter into, and
execute such contracts, agreements, cooperative agreements, leases, loan agreements, orders,
mortgages, deeds, and other legal arrangements and to take...
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40-9-14.1
State Board of Education. (b)(1) The Department of Revenue shall issue a certificate of exemption
to the governmental entity for each tax exempt project. (2) The Department of Revenue shall
grant a certificate of exemption from state and local sales and use taxes to any contractor
licensed by the State Licensing Board for General Contractors, or any subcontractor working
under the same contract, for the purchase of building materials, construction materials and
supplies, and other tangible personal property that becomes part of the structure that
is the subject of a written contract for the construction of a building or other project,
not to include any contract for the construction of any highway, road, or bridge, for and
on behalf of a governmental entity which is exempt from the payment of sales and use taxes.
(c) The use of a certificate of exemption for the purchase of tangible personal property
pursuant to this section shall include only tangible personal property that becomes...
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24-1-22
of this article. (6) GOVERNMENT. Such term shall include the state and federal governments
and any subdivision, agency, or instrumentality, corporate or otherwise, of either of them.
(7) STATE. The State of Alabama. (8) FEDERAL GOVERNMENT. Such term shall include the United
States of America, the federal Secretary of Housing and Urban Development or any agency, instrumentality,
corporate or otherwise, of the United States of America. (9) HOUSING PROJECT. Such term shall
include all real and personal property, buildings and improvements, stores, offices,
public school buildings, lands for farming and gardening and community facilities acquired
or constructed or to be acquired or constructed pursuant to a single plan of undertaking to
demolish, clear, remove, alter or repair unsanitary or unsafe housing or to provide dwelling
accommodations at rentals within the means of persons of low income. This term may also be
applied to the planning of the buildings and improvements, the...
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45-39A-11.04
the power to do all of the following: (1) Sue and be sued. (2) Acquire property and rights
and interests in property by gift, lease, or purchase or by the exercise of eminent domain.
(3) Have a seal and alter the same at pleasure. (4) Appoint officers, agents, employees, and
attorneys, and to fix their compensation. (5) Make bylaws for the management and regulation
of its affairs. (6) Make contracts, and to execute all instruments necessary or convenient
to lease or purchase and own real or personal property to be used for the furtherance
of the purposes for the accomplishment of which the Authority is created. (7) Arrange, sponsor,
and conduct programs and exhibits in the civic center for the advancement of the cultural,
civic, and scientific interests and welfare of the citizens of the county and of the municipalities
thereof and for the advancement of the humanities. (8) Promote, sponsor, and operate in the
civic center exhibitions and recreational activities. (9) Charge fees for...
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11-54A-9
prosecute and defend civil actions in any court having jurisdiction of the subject matter and
of the parties. (3) To adopt and make use of a corporate seal and to alter the same at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may deem
necessary in connection therewith, regardless of whether or not any such projects shall then
be in existence. (6) To lease to others any or all of its projects and to charge and collect
rent therefor, and to terminate any such lease upon the failure of the lessee to comply with
any of the obligations thereof. (7) To sell, exchange, donate, or convey and to grant options
to any lessee to acquire any of its projects and any or all of its...
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41-23-121
Section 41-23-121 Powers of office. The office shall have the following powers to: (1) Ensure
that assets and needs of water transportation and intermodal infrastructure are properly considered
and reflected in the state's comprehensive transportation and strategic planning policies.
(2) Assist and coordinate with public and private entities in the development of the state's
rivers, ports, harbors, and intermodal facilities. (3) Coordinate with the Coalition of Alabama
Waterway Associations and other interests to formulate recommendations on annual budget requirements
for federal waterway projects, infrastructure development, and related needs. (4) Coordinate
with each of Alabama's individual waterway associations to promote the continued development,
maintenance, and multiple use benefits of federally maintained navigation channels within
the state and to market the benefits of improved water transportation. (5) Coordinate with
local and state development agencies to ensure a better...
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