United States — Alabama statutes and laws — page 2371 | Esheria

United States — Alabama Statutes

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  • United States — Alabama

    Section 9-14E-1 Definitions.

    1 provisions

    This section defines key terms used in the chapter, including the department, governor, project site, project agreement, project revenues, and related project terms.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14E-2 Sale or Lease of Park Property.

    1 provisions

    Certain state park property and the project site cannot be sold; the Governor may allow a lease for 12 years or less; and the Examiners of Public Accounts must submit a compliance report before the committee votes on a lease.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14E-3 Feasibility Study.

    1 provisions

    This chapter applies only if a current market feasibility study is submitted and approved by the Gulf State Park Project Committee.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14E-4 Proposals.

    1 provisions

    The Governor may issue requests for proposals for a project and must send written notice of acceptance or rejection to each proposer within 60 days after proposals are opened.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14E-6 Competitive Bidding.

    1 provisions

    Contracts for project work paid for or financed with public funds must follow state competitive-bid laws; contracts not funded with public funds are exempt.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14E-7 Disposition of Funds.

    1 provisions

    Project revenues treated as public funds must be distributed to the Department of Conservation and Natural Resources, while revenues the user is allowed to retain, apply, or use are not public funds or state funds.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14E-8 Powers for Funding, Etc.

    1 provisions

    The state or a political subdivision may support a project by lending or donating money, providing services, transferring property, granting tax abatements, taking necessary related actions, or incurring debt, subject to stated conditions.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14E-9 Source of Funds.

    1 provisions

    Only National Resource Damage Assessment funds or Restore Act funds may be used to implement this chapter; if the State of Alabama has not received or been awarded those funds by December 31, 2015, the chapter is repealed on January 1, 2016.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14F-13 Refunding Bonds.

    1 provisions

    The authority may issue refunding bonds, but only if specified value and maturity limits are met and the bonds are sold under approved terms.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14F-14 Use of Bonds.

    1 provisions

    The bonds and their income are generally exempt from state and local taxation, except inheritance, estate, and gift taxes. The bonds may also be used as security, and certain fiduciaries may invest trust funds in them if court or source documents do not direct otherwise.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14F-15 Contracts.

    1 provisions

    The authority’s contracts for Alabama state parks and public historical sites or parks must be in writing and are subject to specified supervision and approvals. Property the authority acquires must be taken in the state’s name and then conveyed to the relevant department or commission as soon as possible.

    Act or statute Open & Chat
  • United States — Alabama

    Section 9-14F-16 Disposition of Funds.

    1 provisions

    This provision allocates $80 million of bond proceeds and related interest to state parks and bond issuance costs, and $5 million to public historical sites and public historical parks.

    Act or statute Open & Chat