Out of the receipts, revenues, and income referred to in Section 2-6-118, the corporation is authorized and directed to pay the principal of and interest on the bonds as the principal and interest shall respectively mature, and is further authorized and directed to set up and maintain appropriate records.
Structure Code of Alabama
Chapter 6 - Agricultural Center.
Article 5 - Garrett Coliseum Redevelopment Act.
Section 2-6-100 - Short Title.
Section 2-6-101 - Definitions.
Section 2-6-102 - Public Corporation - Formation Authorized.
Section 2-6-103 - Public Corporation - Application for Formation; Certificate of Incorporation.
Section 2-6-104 - Public Corporation - Board of Directors.
Section 2-6-105 - Public Corporation - Powers.
Section 2-6-106 - Deed to Coliseum.
Section 2-6-107 - Lease of Project.
Section 2-6-108 - Design, Rehabilitation, Renovation, etc., of Coliseum.
Section 2-6-109 - Eminent Domain.
Section 2-6-111 - Refunding Bonds.
Section 2-6-112 - Execution, Authentication, and Delivery of Bonds.
Section 2-6-113 - Sale of Bonds.
Section 2-6-114 - Form and Contents of Bonds; Redemption.
Section 2-6-115 - Investment of Proceeds.
Section 2-6-116 - Disposition of Bond Proceeds.
Section 2-6-117 - Disposition of Refunding Bond Proceeds.
Section 2-6-120 - Payment of Principal and Interest on Bonds; Recordkeeping.
Section 2-6-121 - Resolutions Authorizing Bonds.
Section 2-6-122 - Acts Authorized to Support Objectives.
Section 2-6-123 - Federal Income Taxation.
Section 2-6-124 - Investments.
Section 2-6-125 - Corporate Obligations.