The county is hereby authorized to convey to the corporation, with or without the payment of monetary consideration therefor, any property that may be owned by the county whether or not such property is necessary for the conduct of the public functions of the county; provided, that such conveyance shall be authorized by a resolution duly adopted by the governing body prior to the conveyance.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 1 - Provisions Applicable to Counties Only.
Chapter 15 - Public Building Authorities.
Section 11-15-1 - Definitions.
Section 11-15-2 - Legislative Intent; Construction of Chapter.
Section 11-15-3 - Authority and Procedure for Incorporation.
Section 11-15-4 - Certificate of Incorporation - Contents; Approval.
Section 11-15-5 - Certificate of Incorporation - Recordation.
Section 11-15-6 - Directors and Officers; Records of Proceedings.
Section 11-15-7 - Powers Generally.
Section 11-15-8 - Leasing of Projects to Counties.
Section 11-15-11 - Warrants - Execution and Delivery.
Section 11-15-12 - Warrants - Security for Payment of Principal and Interest.
Section 11-15-13 - Warrants - Disposition of Proceeds From Sale.
Section 11-15-14 - Refunding Warrants.
Section 11-15-15 - Investment of County Funds in Warrants.
Section 11-15-16 - Conveyance of Property to Corporation by County.
Section 11-15-17 - Projects, Income From Leases, Warrants, etc., Exempt From Taxation.