Year unavailable
Section 9-14D-5 Construction of Chapter.
This provision was repealed, effective August 1, 2013.
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Section 9-14E-1 Definitions.
This section defines key terms used in the chapter, including the department, governor, project site, project agreement, project revenues, and related project terms.
- Leases
- Project development
- Property
- Public procurement
Year unavailable
Section 9-14E-10 Construction and Application of Chapter.
This chapter is meant to be the controlling and supplemental authority for actions under it, and certain other laws do not apply to project agreements made under this chapter.
- Chapter scope
- Project agreement exemptions
Year unavailable
Section 9-14E-2 Sale or Lease of Park Property.
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.
- Asset disposal
- Leasing
- State park property
Year unavailable
Section 9-14E-3 Feasibility Study.
This chapter applies only if a current market feasibility study is submitted and approved by the Gulf State Park Project Committee.
- Market feasibility study
- Project feasibility
Year unavailable
Section 9-14E-4 Proposals.
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.
- Project development
- Public inspection
- Request for proposals
Year unavailable
Section 9-14E-5 Acceptance of Proposals; Project Agreement; Gulf State Park Project Committee.
The Governor must send an accepted proposal for review, negotiate and execute project agreements under stated conditions, and certain people may not submit proposals.
- Ground leases
- Project agreements
- Proposal review
Year unavailable
Section 9-14E-6 Competitive Bidding.
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.
- Competitive bidding
Year unavailable
Section 9-14E-7 Disposition of Funds.
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.
- Distribution of funds
- Project revenues
- Public funds
Year unavailable
Section 9-14E-8 Powers for Funding, Etc.
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.
- Grants
- Indebtedness
- Property transfers
- Tax abatements
Year unavailable
Section 9-14E-9 Source of Funds.
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.
- Project implementation
- Public funding
Year unavailable
Section 9-14F-1 Short Title.
This chapter may be cited as the Alabama State Parks and Historical Facilities Enhancement Act.
- Citation
- Short title
Year unavailable
Section 9-14F-10 Bonds-Sales and Execution.
The authority must sell the bonds as allowed by the amendment, and the bonds must be executed with specified signatures and the state seal.
- Bond issuance
- Bond sale
- Execution formalities
Year unavailable
Section 9-14F-11 Bonds-Alabama State Parks Enhancement Fund.
Bond sale proceeds must be paid into the State Treasury and kept by the State Treasurer in a special fund, continuously invested.
- Bond proceeds
- Investment
- State treasury
Year unavailable
Section 9-14F-12 Bonds-Disposition of Proceeds.
Bond-related expenses are paid from bond proceeds, and leftover proceeds plus investment income are disbursed only on the authority’s order and with required approvals.
- Bond proceeds
- Disbursement
- Expenses
Year unavailable
Section 9-14F-13 Refunding Bonds.
The authority may issue refunding bonds, but only if specified value and maturity limits are met and the bonds are sold under approved terms.
- Bond refunding
- Debt issuance
- Trusts and escrow
Year unavailable
Section 9-14F-14 Use of Bonds.
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.
- Bond taxation
- Collateral
- Fiduciary investment
Year unavailable
Section 9-14F-15 Contracts.
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.
- Asset acquisition
- Public contracting
Year unavailable
Section 9-14F-16 Disposition of Funds.
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.
- Government funding
- Historical sites
- State parks
Year unavailable
Section 9-14F-17 Dissolution of Authority.
The authority may be dissolved if it has no outstanding bonds and an application for dissolution is filed with the Secretary of State.
- Authority dissolution
- Record filing
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