A municipality may pay out of its general funds or otherwise contribute any part of the costs of acquiring a project and may use land already owned by the municipality, or in which the municipality has an equity for construction thereon of a project, and the municipality may accept donations of property to be used as a part of any project and money to be used for defraying any part of the cost of any project.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 55 - Post-Office Projects.
Section 11-55-1 - Definitions.
Section 11-55-4 - Bonds - Security for Payment of Principal and Interest.
Section 11-55-5 - Bonds - Disposition of Proceeds From Sale.
Section 11-55-6 - Refunding Bonds.
Section 11-55-8 - Investment in Bonds by Savings Banks and Insurance Companies.
Section 11-55-10 - Requirements as to Leases of Projects.
Section 11-55-11 - Exemption From Taxation of Projects, Bonds, Etc.