Code of Alabama
Article 2 - Anniston.
Part 1 - Downtown Development Authority.

Section 45-8A-20 - Legislative Intent. - The revitalization and redevelopment of the central business district of...

Section 45-8A-20.01 - Definitions. - The following words and phrases used in this part, and...

Section 45-8A-20.02 - Use of Phrases. - The following provisions shall be applied wherever appropriate herein: "Herein,"...

Section 45-8A-20.03 - Filing of Application; Authorization of Incorporation by Governing Body of City. - (a) The authority may be organized pursuant to the provisions...

Section 45-8A-20.04 - Procedure to Incorporate; Contents and Execution of Certificate of Incorporation. - (a) Within 40 days following the adoption of the authorizing...

Section 45-8A-20.05 - Amendments to Certificate of Incorporation. - (a) The certificate of incorporation of the authority incorporated under...

Section 45-8A-20.06 - Board of Directors. - Each authority shall be governed by a board of directors....

Section 45-8A-20.07 - Officers of the Authority. - The officers of the authority shall consist of a chairman,...

Section 45-8A-20.08 - Powers of Authority. - (a) The authority shall have the following powers, together with...

Section 45-8A-20.09 - Bonds of Authority. - (a) Source of payment. All bonds issued by the authority...

Section 45-8A-20.10 - Proceeds From the Sale of Bonds. - All moneys derived from the sale of any bonds issued...

Section 45-8A-20.11 - Refunding Bonds. - Any bonds issued by the authority may from time to...

Section 45-8A-20.12 - Notice of Bond Resolution. - Upon the adoption by the board of the authority of...

Section 45-8A-20.13 - Exemption From Taxation. - The authority formed under this part the property and income...

Section 45-8A-20.14 - Liability of City. - The city shall not in any event be liable for...

Section 45-8A-20.15 - Exemption From Usury and Interest Laws. - The authority shall be exempt from the laws of the...

Section 45-8A-20.16 - Exemption From Competitive Bid Laws. - The authority and all contracts made by it shall be...

Section 45-8A-20.17 - Freedom of Authority From State Supervision and Control. - This part is intended to aid the state through the...

Section 45-8A-20.18 - Earnings of the Authority. - The authority shall be a nonprofit corporation and no part...

Section 45-8A-20.19 - Dissolution of the Corporation and Vesting of Title to Property in the City. - At any time when the authority has no bonds or...

Section 45-8A-20.20 - Existence of the Authority to Prevent Incorporation of Another by the City. - The existence of the authority incorporated under the provisions of...

Section 45-8A-20.21 - Power of Eminent Domain. - The authority is hereby granted the power of eminent domain...

Section 45-8A-20.22 - Loans, Sales, Grants, etc., of Money Property, Etc. to Authority by Counties, Municipalities, Etc. - For the purpose of effecting the revitalization and redevelopment of...