0 chapters · 2,499 sections in this title.
Ala. Code § 11-49B-1 Declaration of Purpose and Legislative Findings
1.1K chars
The Legislature finds that it is estimated that by the year 2040, 40 percent of the economy of this nation, both people and jobs, will be located in a 14-state region between Texas and Virginia. Alabama, and in particular the Class 1 municipality and surrounding counties, will be…
Ala. Code § 11-49B-10 Contracts to Secure Bonds and Assumed Obligations
1.5K chars
As security for payment of the principal of and the interest on bonds issued or obligations assumed by it, the authority may do the following: (1) Enter into a contract or contracts binding itself for the proper application of the proceeds of bonds and other funds, for the contin…
Ala. Code § 11-49B-11 Statutory Mortgage Lien
1.1K chars
The resolution of the board or trust indenture that provides for the issuance of bonds may contain provisions creating a statutory mortgage lien, in favor of the holders of the bonds and of the interest coupons on the transit systems, including any after acquired property out of …
Ala. Code § 11-49B-12 Proceeds from Sale of Bonds
1.1K chars
All moneys derived from the sale of bonds issued by the authority shall be used solely for the purpose for which the bonds are authorized and any costs and expenses incidental to the bonds. The costs and expenses may include, but shall not be limited to: (1) The fiscal, engineeri…
Ala. Code § 11-49B-13 Cooperation; Aid from Other Public Bodies
1.4K chars
A county, municipality, or other political subdivision, public corporation, agency, or instrumentality of this state may, for the purpose of securing public transportation or aiding or cooperating with the authority in the planning, development, undertaking, construction, acquisi…
Ala. Code § 11-49B-14 Exemption from Taxation
1.0K chars
(a) The property and income of the authority, all bonds issued by the authority, the income from the bonds, conveyances by or to the authority, and leases, mortgages, and deeds of trust by or to the authority shall be exempt from the following: (1) All taxation in the State of Al…
Ala. Code § 11-49B-15 Freedom of Authority from Public Service Commission and Other State
1.0K chars
Supervision and Control. (a) This chapter is intended to aid the state in the execution of its duties by providing appropriate and independent instrumentalities of the state with full and adequate powers to fulfill their functions. Except as otherwise provided by this chapter, no…
Ala. Code § 11-49B-16 Use of Public Roads
0.8K chars
Each authority is hereby authorized to use the rights-of-way of all public roads in the authorizing county without securing the prior approval of the state, its agencies, departments, or the governing body of the authorizing county and subject only to the necessity of obtaining t…
Ala. Code § 11-49B-17 Annual Budgets and Audits Required
0.7K chars
Within 30 days of the beginning of the fiscal year of an authority, the board shall adopt a budget for the fiscal year. The budget may be amended by a resolution of the board at any time. Within 30 days following the close of each fiscal year the authority shall cause an audit of…
Ala. Code § 11-49B-18 Civil Service of Merit Systems Not Applicable
0.2K chars
The employees of the authority shall not be subject to the provisions of any civil service or merit system or to the rules or regulations of any personnel board that might otherwise be applicable. History: (Acts 1997, No. 97-678, p. 1308, §18.)
Ala. Code § 11-49B-19 Dissolution of Authority and Vesting of Property
1.6K chars
At any time when the authority has no bonds or outstanding obligations, the board may adopt a resolution, which shall be duly entered upon its minutes, declaring that the authority shall be dissolved. Upon the filing for record of a certified copy of the resolution in the office …
Ala. Code § 11-49B-2 Definitions
3.1K chars
The words, terms, and phrases defined below shall have the following meanings: (1) APPLICANT. A natural person who files a written application with the governing body of any county to which this chapter applies and with a municipality in the county. (2) AUTHORITY. A public corpor…
Ala. Code § 11-49B-20 Employee Protective Provisions
2.7K chars
(a) The rights, benefits, and other employee protective conditions and remedies of Section (c) of the Urban Mass Transportation Act of 1964, as amended (49 U.S.C. 1609), as determined by the Secretary of Labor, shall apply to the operation by the authority of any public transport…
Ala. Code § 11-49B-21 Existence of an Authority Prevents Incorporation of Another by the
0.3K chars
Same County. The existence of an authority incorporated under this chapter shall prevent the subsequent incorporation under this chapter of another authority incorporated pursuant to authority granted by the same county. History: (Acts 1997, No. 97-678, p. 1308, §21.)
Ala. Code § 11-49B-22 Taxes; Exemptions; Reporting Credit Sales; Lien Security; State Sales
7.1K chars
Tax Provisions Applicable; Charge for Collecting Tax; Voting. (a) The authority shall, subject to a referendum in the counties it proposes to serve, levy, in addition to all other taxes, including, but not limited to, municipal gross receipts license taxes, a 1/4 percent privileg…
Ala. Code § 11-49B-23 Repeal of Conflicting Laws; Transfer of Funds; Assumption of Assets
2.3K chars
and Liabilities. (a) On the first day of the second month following the election as called by the county commission at which a majority of the votes cast at the election are affirmative votes, as provided in this chapter, all laws or parts of laws which conflict with this chapter…
Ala. Code § 11-49B-3 Filing of Application; Authorization of Incorporation by Governing Body
2.2K chars
of Authorizing County. (a) A public corporation may be organized pursuant to this chapter in any Class 1 municipality. Not less than three natural persons may incorporate a public corporation by filing a written application with the governing body of the county and with the gover…
Ala. Code § 11-49B-4 Procedure to Incorporate Contents and Execution of Certificate of
3.0K chars
Incorporation. Within 40 days after the adoption of an authorizing resolution by the last governing body to adopt an authorizing resolution if the governing bodies of both the county and the municipality with which the applications were filed have adopted authorizing resolutions,…
Ala. Code § 11-49B-5 Amendments to Certificate of Incorporation
2.7K chars
The certificate of incorporation of any authority incorporated under this chapter may be amended as follows: (1) A resolution adopted by the board of directors proposing an amendment to the certificate of incorporation. (2) The proposed amendment shall be set forth in full in the…
Ala. Code § 11-49B-6 Board of Directors
4.4K chars
(a) Each authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. The board shall initially be composed of 10 directors, but may be increased to a maximum of 15 directors if additional count…
Ala. Code § 11-49B-7 Powers of Authority
9.5K chars
The authority shall exercise, subject to this chapter, the following powers and duties necessary to the discharge of its powers and duties in corporate form: (1) To have succession by its corporate name for the duration of time, which may be perpetual, subject to the provisions o…
Ala. Code § 11-49B-8 Rates and Charges
1.4K chars
Rates, fees, and charges for public transportation service rendered by the authority from any of its transit systems shall be fixed and revised to provide funds that, when added to all other revenues, including tax proceeds, anticipated to be received by the authority, will be at…
Ala. Code § 11-49B-9 Bonds of Authority
4.6K chars
All bonds issued by the authority shall be signed by the chair of its board or other chief executive officer and attested by its secretary, and the seal of the authority shall be affixed to the bond, and any interest coupons applicable to the bonds of the authority shall be signe…