United States — Alabama
Section 9-14D-5 Construction of Chapter.
1 provisions
This provision was repealed, effective August 1, 2013.
Browse 47,997 source-backed statutes, open stored provisions, and verify official source links.
47,997 statutes · page 2,371 of 2,400
United States — Alabama
1 provisions
This provision was repealed, effective August 1, 2013.
United States — Alabama
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.
United States — Alabama
1 provisions
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.
United States — Alabama
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.
United States — Alabama
1 provisions
This chapter applies only if a current market feasibility study is submitted and approved by the Gulf State Park Project Committee.
United States — Alabama
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.
United States — Alabama
1 provisions
The Governor must send an accepted proposal for review, negotiate and execute project agreements under stated conditions, and certain people may not submit proposals.
United States — Alabama
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.
United States — Alabama
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.
United States — Alabama
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.
United States — Alabama
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.
United States — Alabama
1 provisions
This chapter may be cited as the Alabama State Parks and Historical Facilities Enhancement Act.
United States — Alabama
1 provisions
The authority must sell the bonds as allowed by the amendment, and the bonds must be executed with specified signatures and the state seal.
United States — Alabama
1 provisions
Bond sale proceeds must be paid into the State Treasury and kept by the State Treasurer in a special fund, continuously invested.
United States — Alabama
1 provisions
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.
United States — Alabama
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.
United States — Alabama
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.
United States — Alabama
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.
United States — Alabama
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.
United States — Alabama
1 provisions
The authority may be dissolved if it has no outstanding bonds and an application for dissolution is filed with the Secretary of State.