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https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-15 - Liability of City. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-15 - Liability of City. | Section 11-54A-15
Liability of city.
The city shall not in any event be liable for the payment of the principal of or interest on any bonds of the authority or for the performance of any pledge, mortgage, obligation or agreement of any kind whatsoever which may be undertaken by the authority, and none of the bonds of t... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-16 - Exemption From Usury and Interest Laws. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-16 - Exemption From Usury and Interest Laws. | Section 11-54A-16
Exemption from usury and interest laws.
The authority shall be exempt from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, but without limitation to, the provisions of Chapter 8 of Title 8, as it may at any time be amended.
(Acts 1985, No. 85-683,... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-17 - Compliance With Competitive Bid Laws. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-17 - Compliance With Competitive Bid Laws. | Section 11-54A-17
Compliance with competitive bid laws.
The authority and all contracts made by it shall comply with the laws of the State of Alabama requiring competitive bids for any contract to be entered into by municipalities or public corporations authorized by them, including, but without limitation to, the prov... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-18/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-18 - Freedom of Authority From State Supervision and Control. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-18 - Freedom of Authority From State Supervision and Control. | Section 11-54A-18
Freedom of authority from state supervision and control.
This chapter is intended to aid the state through the furtherance of the purposes of the chapter by providing an appropriate and independent instrumentality of the state with full and adequate powers to fulfill its functions. Except as expressly... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-19/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-19 - Earnings of Authority. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-19 - Earnings of Authority. | Section 11-54A-19
Earnings of authority.
The authority shall be a nonprofit corporation and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any individual, firm, or corporation, except that in the event a board shall determine that sufficient provision has been made for... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-20/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-20 - Dissolution of Corporation and Vesting of Title to Property in Ci... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-20 - Dissolution of Corporation and Vesting of Title to Property in City. | Section 11-54A-20
Dissolution of corporation and vesting of title to property in city.
At any time when the authority has no bonds or other obligations outstanding, its board may adopt a resolution, which shall be duly entered upon its minutes, declaring that the authority shall be dissolved. Upon filing for record of ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-21/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-21 - Existence of Authority to Prevent Incorporation of Another by Cit... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-21 - Existence of Authority to Prevent Incorporation of Another by City. | Section 11-54A-21
Existence of authority to prevent incorporation of another by city.
The existence of the authority incorporated under the provisions of this chapter shall prevent the subsequent incorporation hereunder of another authority pursuant to authority granted by this chapter.
(Acts 1985, No. 85-683, p. 1080,... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-22/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-22 - Loans, Sales, Grants, etc., of Money, Property, etc., to Authorit... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-22 - Loans, Sales, Grants, etc., of Money, Property, etc., to Authority by Counties, Municipalities, Etc. | Section 11-54A-22
Loans, sales, grants, etc., of money, property, etc., to authority by counties, municipalities, etc.
For the purpose of effecting the revitalization and redevelopment of the central business district of the city, any county, municipality, or other political subdivision, public corporation, agency, or ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-23/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-23 - Provisions Cumulative. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-23 - Provisions Cumulative. | Section 11-54A-23
Provisions cumulative.
The provisions of this chapter are cumulative and shall not be deemed to repeal existing laws, except to the extent such laws are clearly inconsistent with provisions of this chapter.
(Acts 1985, No. 85-683, p. 1080, §23.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-24/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-24 - Authorities Organized Under Prior Acts. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-24 - Authorities Organized Under Prior Acts. | Section 11-54A-24
Authorities organized under prior acts.
Any downtown redevelopment authority established under Acts 1982, No. 303, Acts 1984, No. 395, Acts 1984, No. 415, Acts 1985, No. 185, or any other authority organized under any act of this state prior to May 29, 1985, for the purpose of revitalizing or redevelo... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54a/section-11-54a-25/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54A - Downtown Redevelopment Authorities.›Section 11-54A-25 - Continued Existence of Authorities Established Before August 1, 2... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54A - Downtown Redevelopment Authorities. › Section 11-54A-25 - Continued Existence of Authorities Established Before August 1, 2004; Reincorporation. | Section 11-54A-25
Continued existence of authorities established before August 1, 2004; reincorporation.
Any downtown redevelopment authority established under this chapter prior to August 1, 2004, for the purpose of revitalizing or redeveloping the central business district of any city or town in Alabama may continue ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-1 - Legislative Findings. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-1 - Legislative Findings. | Section 11-54B-1
Legislative findings.
(a) The Legislature finds:
(1) That patterns of urban development have had a substantial adverse impact upon downtown and community business districts vital to the economies of Class 1 municipalities in Alabama.
(2) That the public interest would be advanced by authorizing the cre... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-2 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-2 - Definitions. | Section 11-54B-2
Definitions.
As used in this article, the following words and phrases shall have the following meanings:
(1) MUNICIPALITY. Any Class 1 municipality located in the State of Alabama.
(2) DISTRICT MANAGEMENT CORPORATION. An entity created by incorporation under The Alabama Nonprofit Corporation Act (Chapt... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-3 - Development and Maintenance ... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-3 - Development and Maintenance of Self-Help Business Improvement District... | Section 11-54B-3
Development and maintenance of self-help business improvement districts.
A municipality may, through ordinance, provide for the creation and maintenance of one or more self-help business improvement districts pursuant to this article. This article is intended as the exclusive procedure through which a ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-4 - Findings Required for Public... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-4 - Findings Required for Public Hearing on Adoption of Self-Help Business... | Section 11-54B-4
Findings required for public hearing on adoption of self-help business improvement district ordinance.
A public hearing on the adoption of a self-help business improvement district ordinance may be called only if the governing body of a municipality finds that:
(a) A request for the creation of a self-... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-5 - Requirements of Request for ... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-5 - Requirements of Request for Creation of Self-Help Business Improvement... | Section 11-54B-5
Requirements of request for creation of self-help business improvement district.
(a) A request for the creation of a self-help business improvement district must contain the following:
(1) The signatures of a representative group of the owners of the real property located within the geographical area o... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-6 - Mailing of Proposed Ordinanc... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-6 - Mailing of Proposed Ordinance and Notice of Hearing. | Section 11-54B-6
Mailing of proposed ordinance and notice of hearing.
At least twenty (20) days prior to the date set for a public hearing on the proposed self-help business improvement district plan, notice of the date, time and place of the hearing, with a description of the geographical area proposed to be included ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-7 - Review of Self-Help Business... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-7 - Review of Self-Help Business Improvement District Plan and Adoption of... | Section 11-54B-7
Review of self-help business improvement district plan and adoption of ordinance.
The municipality, upon review of the self-help business improvement district plan submitted, after public hearing, may adopt an ordinance to designate, establish, and maintain the area described in the plan as a self-help... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-8 - Costs of Supplemental Servic... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-8 - Costs of Supplemental Services; Assessment of Classes; Exemptions. | Section 11-54B-8
Costs of supplemental services; assessment of classes; exemptions.
(a) A self-help business improvement district ordinance shall provide that all costs of the supplemental services provided in a business improvement district will be financed through the levy of a special assessment on the owners of the... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-9 - Collection of Special Assess... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-9 - Collection of Special Assessment; Procedures; Claim of Lien; Interest,... | Section 11-54B-9
Collection of special assessment; procedures; claim of lien; interest, penalties, and fees.
(a) A self-help business improvement district ordinance shall provide that the special assessment levied on the owners of the real property located within the geographical area of the district shall be collected... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-10 - Amendment of Self-Help Busi... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-10 - Amendment of Self-Help Business Improvement District Ordinance. | Section 11-54B-10
Amendment of self-help business improvement district ordinance.
(a) Except as provided in subsection (b), the governing body of the municipality may amend a self-help business improvement district ordinance upon the written request of the district management corporation or a representative group of th... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-11 - District Management Corpora... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-11 - District Management Corporation Limits, Powers, and Duties. | Section 11-54B-11
District management corporation limits, powers, and duties.
(a) District management corporations shall be incorporated under the Alabama Nonprofit Corporation Act (Chapter 3A of Title 10) and shall exercise their powers in a manner consistent with such act.
(b) To qualify for designation by ordinance ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-12 - Annual Budget of District M... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-12 - Annual Budget of District Management Corporation. | Section 11-54B-12
Annual budget of district management corporation.
(a) The officers of the district management corporation shall submit a detailed annual budget for approval by its board of directors including proposed expenditures and proposed sources of funding, including voluntary donations, and which explains how ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-13 - Retention of Municipal Poli... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-13 - Retention of Municipal Police Powers. | Section 11-54B-13
Retention of municipal police powers.
Notwithstanding the improvement of any street or sidewalk incident to a self-help business improvement district, a municipality and its governing body shall retain its police powers and other rights and powers relating to the street or part thereof constituting or... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-14 - Eminent Domain Utilization. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-14 - Eminent Domain Utilization. | Section 11-54B-14
Eminent domain utilization.
No self-help business improvement district or district management corporation shall have eminent domain powers. All such procedures incidental to the development and maintenance of a self-help business improvement district pursuant to this chapter, including compensation fo... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-15 - Furniture, Structure of Fac... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-15 - Furniture, Structure of Facility Not Deemed Nuisance. | Section 11-54B-15
Furniture, structure of facility not deemed nuisance.
Any movable furniture, structure, facility, or appurtenance or activity located or permitted in connection with a self-help business improvement district shall not, by reason of such location or use, be deemed a nuisance or unlawful obstruction or ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-16 - District Management Corpora... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-16 - District Management Corporation Contracts. | Section 11-54B-16
District management corporation contracts.
The municipality may, by ordinance, authorize the district management corporation to contract work to be done on any street or streets, or on other municipal property, included in the self-help business improvement district. In the event that the municipality... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-17 - Operation in Other Designat... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-17 - Operation in Other Designated Project Areas. | Section 11-54B-17
Operation in other designated project areas.
This article shall not prohibit a municipality from including a self-help business improvement district within the bounds of any area, district, or zone including enterprise zones established pursuant to law which has as one of its purposes the encouragemen... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-18/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-18 - Annual Reports and Audits. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-18 - Annual Reports and Audits. | Section 11-54B-18
Annual reports and audits.
(a) Within ninety (90) days after the close of each fiscal year, the district management corporation shall make an annual report of its activities for the preceding fiscal year to the governing body of the municipality.
(b) Within ninety (90) days after the close of each fis... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-19/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-19 - Continuation, Modification,... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-19 - Continuation, Modification, or Termination of District. | Section 11-54B-19
Continuation, modification, or termination of district.
(a) Within 60 days after the adoption and approval of the fifth annual budget for any self-help business improvement district, the board of directors of the district management corporation shall set a hearing to determine whether the district sho... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-20/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-20 - Tax Exemption. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-20 - Tax Exemption. | Section 11-54B-20
Tax exemption.
A nonprofit corporation designated as a district management corporation under this article shall be exempt from the state corporate income tax, corporate franchise tax, and permit fee and from state, county, and municipal sales, use, license, gross receipts, and ad valorem taxes.
(Acts ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-21/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-21 - Contracts for Operation and... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-21 - Contracts for Operation and Management With Other District Management... | Section 11-54B-21
Contracts for operation and management with other district management corporations.
The board of directors of the district management corporation may contract with other district management corporations to provide for the operation and management of such other district management corporations. In addi... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-1/section-11-54b-22/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 1 - General Provisions.›Section 11-54B-22 - Merger of Business Improvem... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 1 - General Provisions. › Section 11-54B-22 - Merger of Business Improvement Districts. | Section 11-54B-22
Merger of business improvement districts.
(a) Without the approval of the governing body of the municipality or the owners of the real property located within the geographical areas of the districts, any two or more district management corporations located within the same municipality may merge into o... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-40/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-40 - Legislative Findings. | Section 11-54B-40
Legislative findings.
(a) The Legislature makes the following findings:
(1) That patterns of urban development have had substantial adverse impacts upon downtown and community business districts vital to the economy of the State of Alabama.
(2) That the public interest would be advanced by authorizing... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-41/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-41 - Definitions. | Section 11-54B-41
Definitions.
As used in this article, the following words and phrases shall have the following meanings:
(1) DISTRICT MANAGEMENT CORPORATION. An entity created by incorporation under the Alabama Nonprofit Corporation Act, Chapter 3 of Title 10A, and designated by ordinance by the incorporated municipa... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-42/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-42 - Development and Maint... | Section 11-54B-42
Development and maintenance of self-help business improvement districts.
A Class 2 municipality, by ordinance, may provide for the creation and maintenance of one or more self-help business improvement districts pursuant to this article. This article is intended as the exclusive procedure by which a C... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-43/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-43 - Findings Required for... | Section 11-54B-43
Findings required for a public hearing on the adoption of a self-help business improvement district ordinance.
A public hearing on the adoption of an ordinance creating a self-help business improvement district may be called only if the governing body of a Class 2 municipality finds that:
(1) A reques... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-44/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-44 - Requirements of a Req... | Section 11-54B-44
Requirements of a request for the creation of a self-help business improvement district.
A request for the creation of a self-help business improvement district shall contain all of the following:
(1) The signatures of a representative group of the owners of the nonexempt real property located within ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-45/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-45 - Mailing of Proposed O... | Section 11-54B-45
Mailing of proposed ordinance and notice of hearing.
At least 20 days prior to the date set for a public hearing on the proposed self-help business improvement district plan, notice of the date, time, and place of the hearing, with a description of the geographical area proposed to be included in the ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-46/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-46 - Review of Self-Help B... | Section 11-54B-46
Review of self-help business improvement district plan and adoption of ordinance.
The governing body of the municipality, upon review of the self-help business improvement district plan and after public hearing, may adopt an ordinance to designate, establish, and maintain the area described in the pla... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-47/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-47 - Costs of Supplemental... | Section 11-54B-47
Costs of supplemental services.
(a) The self-help business improvement district ordinance adopted by the municipality pursuant to Section 11-54B-46 shall provide that all costs of the supplemental services provided in a self-help business improvement district shall be financed through the levy by the ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-48/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-48 - Collection of Special... | Section 11-54B-48
Collection of special assessment.
(a) The self-help business improvement district ordinance adopted by the municipality pursuant to Section 11-54B-46 shall provide that the special assessment levied on the owners of the real property located within the geographical area of the district shall be collec... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-49/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-49 - Amendment of the Self... | Section 11-54B-49
Amendment of the self-help business improvement district ordinance.
(a) The governing body of the municipality may amend an ordinance relating to the self-help business improvement district upon the written request of a representative group of the owners of the nonexempt real property located within t... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-50/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-50 - District Management C... | Section 11-54B-50
District management corporation limits, powers, and duties.
(a) District management corporations provided for in this article shall be incorporated under the Alabama Nonprofit Corporation Act, Chapter 3 of Title 10A, and shall exercise their powers in a manner consistent with that law.
(b) To qualify ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-51/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-51 - Annual Budget of the ... | Section 11-54B-51
Annual budget of the district management corporation.
(a) The officers of the district management corporation shall submit a detailed annual budget for approval by its board of directors including proposed expenditures and proposed sources of funding, which may include voluntary donations. The budget ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-52/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-52 - Retention of Municipa... | Section 11-54B-52
Retention of municipal police powers.
Notwithstanding the improvement of any street or sidewalk incident to a self-help business improvement district, the municipality and its governing body shall retain its police powers and other rights and powers relating to any streets or parts thereof constitutin... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-53/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-53 - Eminent Domain Utiliz... | Section 11-54B-53
Eminent domain utilization.
No self-help business improvement district or district management corporation shall have the power of eminent domain.
(Act 2004-382, p. 626, §14.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-54/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-54 - Furniture, Structure ... | Section 11-54B-54
Furniture, structure of facility not deemed nuisance.
Any movable furniture, structure, facility, or appurtenance or activity located or permitted in connection with a self-help business improvement district shall not, by reason of location or use, be deemed a nuisance or unlawful obstruction or condi... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-55/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-55 - District Management C... | Section 11-54B-55
District management corporation contracts.
The municipalities, by ordinance, may authorize the district management corporation to contract construction and maintenance work to be done on any street or streets, or on other municipal property included in the self-help business improvement district. The ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-56/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-56 - Operation in Other De... | Section 11-54B-56
Operation in other designated project areas.
This article shall not prohibit a municipality from including a self-help business improvement district within the bounds of any area, district, or zone including any enterprise zone established pursuant to law which has as one of its purposes the encourage... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-57/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-57 - Annual Reports and Au... | Section 11-54B-57
Annual reports and audits.
(a) Within 90 days after the close of each fiscal year, the district management corporation shall make an annual report of its activities for the preceding fiscal year to the governing body of the municipality.
(1) Each annual report shall include, at a minimum:
a. A financi... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-54b/article-2/section-11-54b-58/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 54B - Self-Help Business Improvement Districts.›Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 54B - Self-Help Business Improvement Districts. › Article 2 - Self-Help Business Improvement Districts in Class 2 Municipalities. › Section 11-54B-58 - Sunset Provision. | Section 11-54B-58
Sunset provision.
(a) Within 90 days after the adoption and approval of the fifth annual budget for any self-help business improvement district, the municipality shall set a hearing to determine whether the district should be continued, modified, or terminated. At least 20 days before the hearing, not... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-1 - Definitions. | Section 11-55-1
Definitions.
Wherever used in this chapter, unless a different meaning clearly appears in the context, the following terms shall be given the following respective meanings:
(1) MUNICIPALITY. Any incorporated city or town in the State of Alabama.
(2) PROJECT. Any land and any building or other improvemen... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-2 - Powers of Municipalities Generally as to Acquisition and Leasing of Projects for P... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-2 - Powers of Municipalities Generally as to Acquisition and Leasing of Projects for Post Offices and Issuance of Bonds Therefor. | Section 11-55-2
Powers of municipalities generally as to acquisition and leasing of projects for post offices and issuance of bonds therefor.
In addition to any other powers which it may now have, any municipality in this state may hereafter acquire, whether by purchase, construction, or gift, a project, as defined in ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-3 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption, E... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-3 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption, Etc. | Section 11-55-3
Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption, etc.
All bonds issued by a municipality under authority of this chapter shall be limited obligations of the municipality, the principal of and interest on which shall be payable solely out of the revenues derived from the l... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-4 - Bonds - Security for Payment of Principal and Interest. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-4 - Bonds - Security for Payment of Principal and Interest. | Section 11-55-4
Bonds - Security for payment of principal and interest.
The principal of and interest on any bonds issued under the authority of this chapter shall be secured by a pledge of the revenues out of which such bonds shall be made payable, may be secured by a mortgage covering all or any part of the project f... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-5 - Bonds - Disposition of Proceeds From Sale. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-5 - Bonds - Disposition of Proceeds From Sale. | Section 11-55-5
Bonds - Disposition of proceeds from sale.
(a) The proceeds from the sale of any bonds issued under authority of this chapter shall be applied only for the purpose for which the bonds were issued; provided, however, that any accrued interest and premium received in any such sale shall be applied to the ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-6 - Refunding Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-6 - Refunding Bonds. | Section 11-55-6
Refunding bonds.
Any bonds issued under this chapter and at any time outstanding may at any time and from time to time be refunded by a municipality by the issuance of its refunding bonds in such amount as the governing body may deem necessary but not exceeding an amount sufficient to refund the princip... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-7 - Notice To, Approval or Consent of Governmental Body, etc., Not to Be Required for.... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-7 - Notice To, Approval or Consent of Governmental Body, etc., Not to Be Required for Sale or Issuance of Bonds or Execution of Mo... | Section 11-55-7
Notice to, approval or consent of governmental body, etc., not to be required for sale or issuance of bonds or execution of mortgages.
No notice to or consent or approval by any governmental body or public officer shall be required as a prerequisite to the sale or issuance of any bonds or the making of ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-8 - Investment in Bonds by Savings Banks and Insurance Companies. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-8 - Investment in Bonds by Savings Banks and Insurance Companies. | Section 11-55-8
Investment in bonds by savings banks and insurance companies.
Bonds issued under the provisions of this chapter shall be legal investments for savings banks and insurance companies organized under the laws of this state.
(Acts 1955, No. 491, p. 1107, §9.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-9 - Contribution by Municipalities to Costs of Acquisition of Projects or Use of Munic... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-9 - Contribution by Municipalities to Costs of Acquisition of Projects or Use of Municipal Lands Therefor; Acceptance of Donations... | Section 11-55-9
Contribution by municipalities to costs of acquisition of projects or use of municipal lands therefor; acceptance of donations of property or money for projects.
A municipality may pay out of its general funds or otherwise contribute any part of the costs of acquiring a project and may use land already ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-10 - Requirements as to Leases of Projects. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-10 - Requirements as to Leases of Projects. | Section 11-55-10
Requirements as to leases of projects.
(a) Prior to the leasing of any project, the governing body must determine and find the following:
(1) The amount necessary in each year to pay the principal of and the interest on the bonds proposed to be issued to finance such project;
(2) The amount necessary t... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-11 - Exemption From Taxation of Projects, Bonds, Etc. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-11 - Exemption From Taxation of Projects, Bonds, Etc. | Section 11-55-11
Exemption from taxation of projects, bonds, etc.
The bonds authorized by this chapter and the income therefrom, all mortgages executed as security therefor, all lease agreements made pursuant to the provisions of this chapter and all projects and the revenues derived from any lease thereof shall be exe... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-12 - Construction of Chapter. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-12 - Construction of Chapter. | Section 11-55-12
Construction of chapter.
Neither this chapter nor anything contained in this chapter shall be construed as a restriction or limitation upon any powers which a municipality might otherwise have under any laws of this state, but shall be construed as cumulative, and this chapter shall not be construed as... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-55/section-11-55-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 55 - Post-Office Projects.›Section 11-55-13 - Authority of Cities or Towns to Acquire, etc., and Lease Facilities to United Sta... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 55 - Post-Office Projects. › Section 11-55-13 - Authority of Cities or Towns to Acquire, etc., and Lease Facilities to United States Postal Service; Issuance of Bonds, etc.,... | Section 11-55-13
Authority of cities or towns to acquire, etc., and lease facilities to United States Postal Service; issuance of bonds, etc., to finance acquisitions.
Any city or town in this state
(1) May acquire (by construction, purchase or otherwise), improve and equip land, buildings and other facilities for use ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-1 - Definitions. | Section 11-56-1
Definitions.
The following words and phrases, whenever used in this chapter, shall, in the absence of clear implication otherwise, have the following respective meanings:
(1) CORPORATION OR THE CORPORATION. A corporation organized pursuant to the provisions of this chapter.
(2) BOARD. The board of direc... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-2 - Legislative Intent; Construction of Chapter Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-2 - Legislative Intent; Construction of Chapter Generally. | Section 11-56-2
Legislative intent; construction of chapter generally.
(a) It is the intention of the Legislature by the passage of this chapter to empower each incorporated city and town in the state to authorize the incorporation of one or more corporations as political subdivisions of the state for the purpose of pr... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-3 - Application for Authority to Form Corporation; Adoption of Resolution by Go... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-3 - Application for Authority to Form Corporation; Adoption of Resolution by Governing Body Authorizing Incorporation; Proc... | Section 11-56-3
Application for authority to form corporation; adoption of resolution by governing body authorizing incorporation; procedure for incorporation generally.
Whenever any number of natural persons, not less than three, shall file with the governing body an application in writing for authority to incorporate... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-4 - Certificate of Incorporation - Contents; Approval by Governing Body. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-4 - Certificate of Incorporation - Contents; Approval by Governing Body. | Section 11-56-4
Certificate of incorporation - Contents; approval by governing body.
(a) The certificate of incorporation of the corporation shall state:
(1) The names of the persons forming the corporation, together with the residence of each thereof, and a statement that each of them is a duly qualified elector of an... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-5 - Certificate of Incorporation - Execution, Acknowledgment, Filing, and Recor... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-5 - Certificate of Incorporation - Execution, Acknowledgment, Filing, and Recordation. | Section 11-56-5
Certificate of incorporation - Execution, acknowledgment, filing, and recordation.
The certificate of incorporation shall be signed and acknowledged by the incorporators before an officer authorized by the laws of the state to take acknowledgments of deeds and shall have attached thereto a certified cop... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-6 - Board of Directors; Record of Proceedings of Board. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-6 - Board of Directors; Record of Proceedings of Board. | Section 11-56-6
Board of directors; record of proceedings of board.
The corporation shall have a board of directors composed of the number of directors provided in the certificate of incorporation. All powers of the corporation shall be exercised by the board or pursuant to its authorization. The directors shall be res... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-7 - Officers. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-7 - Officers. | Section 11-56-7
Officers.
The officers of the corporation shall consist of a chairman, vice-chairman, a secretary, a treasurer, and such other officers as the board shall deem necessary to accomplish the purposes for which the corporation was organized. The offices of secretary and treasurer may, but need not be, held ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-8 - Powers Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-8 - Powers Generally. | Section 11-56-8
Powers generally.
The corporation shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name until dissolved as provided in this chapter;
(2) To sue and be sued and to prosecute and de... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-9 - Leasing of Projects. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-9 - Leasing of Projects. | Section 11-56-9
Leasing of projects.
(a) The corporation and any local subdivision are hereby respectively authorized to enter into with each other one or more lease agreements whereunder a project or any part thereof shall be leased by the corporation to such local subdivision for a term not longer than the then curre... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-10 - Bonds - Authority for Issuance; Security for Payment of Principal and Inte... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-10 - Bonds - Authority for Issuance; Security for Payment of Principal and Interest Generally; Form, Terms, Denominations, ... | Section 11-56-10
Bonds - Authority for issuance; security for payment of principal and interest generally; form, terms, denominations, etc.; sale, redemption, etc.
The corporation is authorized at any time and from time to time to issue its interest-bearing revenue bonds for the purpose of acquiring, constructing, impr... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-11 - Bonds - Notice of Resolution Authorizing Issuance of Bonds; Limitation Per... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-11 - Bonds - Notice of Resolution Authorizing Issuance of Bonds; Limitation Period for Actions, etc., as to Validity of Pro... | Section 11-56-11
Bonds - Notice of resolution authorizing issuance of bonds; limitation period for actions, etc., as to validity of proceedings for issuance of bonds, etc.
(a) Upon the adoption by the board of any resolution providing for the issuance of bonds, the corporation may, in its discretion, cause to be publis... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-12 - Bonds - Execution and Delivery. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-12 - Bonds - Execution and Delivery. | Section 11-56-12
Bonds - Execution and delivery.
All bonds shall be signed by the chairman or vice-chairman of the corporation, and the seal of the corporation shall be affixed thereto and attested by its secretary. Coupons shall be signed by the chairman or vice-chairman of the corporation, but a facsimile of the sign... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-13 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Defa... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-13 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default Generally. | Section 11-56-13
Bonds - Security for payment of principal and interest; remedies upon default generally.
(a) The principal of and the interest on the bonds shall be secured by a pledge of the revenues out of which the bonds shall be made payable and by a pledge of the lease agreement covering the project from which re... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-14 - Bonds - Disposition of Proceeds From Sale. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-14 - Bonds - Disposition of Proceeds From Sale. | Section 11-56-14
Bonds - Disposition of proceeds from sale.
(a) The proceeds derived from the sale of any bonds (other than refunding bonds) may be used only to pay the cost of acquiring, constructing, improving, enlarging and equipping the project with respect to which they were issued as may be specified in the proce... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-15 - Bonds - Remedies Upon Default in Payment of Principal or Interest on Bonds... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-15 - Bonds - Remedies Upon Default in Payment of Principal or Interest on Bonds. | Section 11-56-15
Bonds - Remedies upon default in payment of principal or interest on bonds.
If there shall be any default in the payment of the principal of or interest on any bonds issued under this chapter, then the holder of any of the bonds and of any of the interest coupons applicable thereto and the trustee unde... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-16 - Refunding Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-16 - Refunding Bonds. | Section 11-56-16
Refunding bonds.
The corporation may at any time and from time to time issue refunding bonds for the purpose of refunding the principal of and interest on any bonds of the corporation theretofore issued under this chapter and then outstanding, whether or not such principal and interest shall have matur... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-17 - Investment in Bonds - by Municipalities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-17 - Investment in Bonds - by Municipalities. | Section 11-56-17
Investment in bonds - By municipalities.
The governing body is authorized in its discretion to invest in bonds of the corporation any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged.
(Acts 1955, No. 493, p. 1116, §17.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-18/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-18 - Investment in Bonds - by Executors, Savings Banks, Insurance Companies, Et... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-18 - Investment in Bonds - by Executors, Savings Banks, Insurance Companies, Etc. | Section 11-56-18
Investment in bonds - By executors, savings banks, insurance companies, etc.
Bonds issued under the provisions of this chapter are hereby made legal investments for executors, administrators, trustees and other fiduciaries and for savings banks and insurance companies organized under the laws of the st... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-19/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-19 - Conveyances of Property to Corporations by Municipalities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-19 - Conveyances of Property to Corporations by Municipalities. | Section 11-56-19
Conveyances of property to corporations by municipalities.
The municipality is hereby authorized to convey to the corporation, with or without the payment of monetary consideration therefor, any property that may be owned by the municipality, whether or not such property is necessary for the conduct of... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-20/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-20 - Authority and Procedure for Dissolution of Corporations; Vesting of Title ... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-20 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Properties Thereof in Municipalities Upon... | Section 11-56-20
Authority and procedure for dissolution of corporations; vesting of title to properties thereof in municipalities upon dissolution; formation of corporations not to prevent subsequent formation of other corporations by same municipalities.
(a) At any time when the corporation does not have any bonds ou... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-21/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-21 - Exemption From Taxation of Projects, Bonds, Etc. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-21 - Exemption From Taxation of Projects, Bonds, Etc. | Section 11-56-21
Exemption from taxation of projects, bonds, etc.
Each project and the income from all leases made with respect thereto, the bonds issued by the corporation and the income therefrom and all lease agreements and indentures made pursuant to the provisions of this chapter shall be exempt from all taxation ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-56/section-11-56-22/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 56 - Public Building Authorities.›Section 11-56-22 - Construction of Chapter. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 56 - Public Building Authorities. › Section 11-56-22 - Construction of Chapter. | Section 11-56-22
Construction of chapter.
This chapter shall not be construed as a restriction or limitation upon any power, right, or remedy which any municipality or any corporation now in existence or hereafter formed may have in the absence thereof and shall be construed as cumulative and independent thereof.
(Acts... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-1 - Definitions. | Section 11-57-1
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. A corporation organized pursuant to the provisions of this chapter.
(2) BOARD. The board of directors of the authority... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-2 - Legislative Intent; Construction of Chapter Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-2 - Legislative Intent; Construction of Chapter Generally. | Section 11-57-2
Legislative intent; construction of chapter generally.
(a) It is the intention of the Legislature by the passage of this chapter to empower each incorporated municipality in the state to authorize the incorporation of one or more public corporations as political subdivisions of the state for the purpose... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-3 - Application for Authority to Form Corporation; Adoption of Resolution by Gov... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-3 - Application for Authority to Form Corporation; Adoption of Resolution by Governing Body Authorizing Incorporation; Proce... | Section 11-57-3
Application for authority to form corporation; adoption of resolution by governing body authorizing incorporation; procedure for incorporation generally.
Whenever any number of natural persons, not less than three, shall file with the governing body an application in writing for permission to incorporat... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment; Appro... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment; Approval by Governing Body. | Section 11-57-4
Certificate of incorporation - Contents; execution and acknowledgment; approval by governing body.
(a) The certificate of incorporation of the authority shall state:
(1) The name and address of each of the incorporators and a statement that each of them is a duly qualified elector of and property owner ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-5 - Certificate of Incorporation - Filing and Recordation. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-5 - Certificate of Incorporation - Filing and Recordation. | Section 11-57-5
Certificate of incorporation - Filing and recordation.
The certificate of incorporation, having attached thereto a certified copy of the resolution provided for in Section 11-57-3 and a certificate by the Secretary of State that the name proposed for the authority is not identical with that of any other... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-6 - Board of Directors; Record of Proceedings of Board. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-6 - Board of Directors; Record of Proceedings of Board. | Section 11-57-6
Board of directors; record of proceedings of board.
The authority shall have a board of directors composed of the number of directors provided in the certificate of incorporation. All powers of the authority shall be exercised by the board or pursuant to its authorization. The directors shall be residen... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-7 - Officers. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-7 - Officers. | Section 11-57-7
Officers.
The officers of the authority shall consist of a president, a vice-president, a secretary, a treasurer, and such other officers as the board shall deem necessary to accomplish the purposes for which the authority was organized. The offices of secretary and treasurer may but need not be held by... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-8 - Powers - Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-8 - Powers - Generally. | Section 11-57-8
Powers - Generally.
The authority shall have the following powers and capacities, among others specified in this chapter, together with all powers incidental thereto or necessary to the discharge thereof:
(1) To have succession by its corporate name until dissolved as provided in this chapter;
(2) To su... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-9 - Powers - Eminent Domain. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-9 - Powers - Eminent Domain. | Section 11-57-9
Powers - Eminent domain.
The authority shall have the same power of eminent domain as is vested by law in the municipality, which power shall be exercised in the same manner and under the same conditions as are provided by law for the exercise of the power of eminent domain by the municipality.
(Acts 19... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-10 - Leasing of Projects. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-10 - Leasing of Projects. | Section 11-57-10
Leasing of projects.
The authority and the municipality are hereby respectively authorized to enter into one or more lease agreements with each other whereunder one or more projects or any part thereof shall be leased by the authority to the municipality. No such lease agreement shall be for a term lon... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-11 - Bonds - Authority for Issuance; Security for Payment of Principal and Inter... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-11 - Bonds - Authority for Issuance; Security for Payment of Principal and Interest Generally; Form, Terms, Denominations, e... | Section 11-57-11
Bonds - Authority for issuance; security for payment of principal and interest generally; form, terms, denominations, etc.; sale, redemption, etc.
The authority is empowered at any time and from time to time to sell and issue its revenue bonds for the purpose of providing funds to acquire, construct, i... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-12 - Bonds - Recital as to Authority for Issuance; Notice of Resolution Authoriz... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-12 - Bonds - Recital as to Authority for Issuance; Notice of Resolution Authorizing Issuance of Bonds; Limitation Period for... | Section 11-57-12
Bonds - Recital as to authority for issuance; notice of resolution authorizing issuance of bonds; limitation period for actions, etc., as to validity of proceedings for issuance of bonds, etc.
(a) Any resolution authorizing any bonds under this chapter shall contain a recital that they are issued pursu... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-13 - Bonds - Execution and Delivery. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-13 - Bonds - Execution and Delivery. | Section 11-57-13
Bonds - Execution and delivery.
The bonds of the authority shall be signed by either its president or its vice-president as shall be provided in the resolution under which the bonds shall be issued, and the seal of the authority shall be affixed to the bonds and attested by its secretary; provided, tha... |
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