There is hereby appropriated so much of the bond proceeds and interest income thereon as may be necessary for the acquisition, provision, construction, improvement, renovation, equipping and maintenance of forensic sciences laboratories and educational facilities for the provision of instruction and research in the field of forensic sciences. Moneys in the fund (whether original proceeds from the sale of the bonds or principal proceeds of matured permitted investments) shall be paid out from time to time in orders or warrants issued by or on the direction of the corporation for the purposes specified in this article that may be deemed by the corporation to be most advantageous to the state, and such moneys shall be allocated and expended by the corporation, subject to all the provisions of this article, in the amounts set out as follows:
(1) $10,000,000 to plan, design, inspect, construct, reconstruct, enlarge, improve, repair, renovate, and equip the core facility for education, training, scientific research, and highly specialized testing at the University of Alabama at Birmingham-Department of Justice to include the National Institute for Forensic Sciences.
(2) $7,500,000 to plan, design, inspect, construct, reconstruct, enlarge, improve, repair, renovate, and equip the core facility for education, training, scientific research, and highly specialized testing at Alabama State University.
Structure Code of Alabama
Chapter 18B - Alabama Forensic Sciences Bond Authority.
Section 16-18B-1 - Legislative Findings.
Section 16-18B-2 - Definitions.
Section 16-18B-3 - Authorization and Procedure for Incorporations; Application.
Section 16-18B-4 - Certificate of Incorporation.
Section 16-18B-5 - Members; Officers; Quorum; Vacancies; Salaries; Record of Proceedings.
Section 16-18B-6 - Powers of Authority.
Section 16-18B-7 - Bonds - Issuance and Sale.
Section 16-18B-8 - Bonds - Payment of Principal, Premium, and Interest; Records.
Section 16-18B-9 - Bonds - Redemption.
Section 16-18B-10 - Bonds - Execution; Facsimiles; Validity.
Section 16-18B-11 - Alabama Forensic Sciences Bond Fund.
Section 16-18B-12 - Use of Proceeds From Bonds.
Section 16-18B-13 - Refunding Bonds.
Section 16-18B-14 - Exemption From Taxes; Use of Bonds as Security; Investment of Funds.
Section 16-18B-15 - Contracts to Be in Writing.
Section 16-18B-16 - Appropriation and Allocation of Funds.
Section 16-18B-17 - Dissolution of Corporation.