Code of Alabama
Article 5 - Alabama Toll Road, Bridge and Tunnel Authority.
Section 23-2-161 - Study of Proposed Projects; Reimbursement of Funds; Indebtedness.

The department is hereby authorized, subject to the approval of the Governor, to expend funds from any available source as may be necessary for the study of any proposed toll road, bridge, or tunnel project authorized under this article and to use its engineering and other forces, including consulting engineers and traffic engineers, for the purpose of effecting the study. All expenses incurred by the department prior to the issuance of revenue bonds under the provisions of this article shall be paid by the department and charged to the appropriate project or projects and the department shall keep proper records and accounts showing each amount so charged.
Upon the sale of toll road, bridge, or tunnel revenue bonds for a toll road, bridge, or tunnel project, the funds so expended by the department in connection with a project shall be reimbursed by the authority to the department from the proceeds of such bonds and thereafter all expenses incurred in carrying out the provisions of this article shall be payable solely from funds provided under the authority of this article.
Nothing in this article shall be construed so as to authorize the authority to incur indebtedness or liability on behalf of or payable by the state or by any of its political subdivisions.

Structure Code of Alabama

Code of Alabama

Title 23 - Highways, Roads, Bridges and Ferries.

Chapter 2 - Toll Roads, Bridges and Ferries.

Article 5 - Alabama Toll Road, Bridge and Tunnel Authority.

Section 23-2-140 - Short Title.

Section 23-2-141 - Intent and Purpose of Article.

Section 23-2-142 - Definitions.

Section 23-2-143 - Authority Established; Composition; Meetings; Fidelity Bonds; Compensation.

Section 23-2-144 - Powers of the Authority.

Section 23-2-145 - Advertisement for Construction Bids; Award of Contract; Work Done by Force Account; Further Considerations by the Authority.

Section 23-2-146 - Grade Separations at Intersections; Relocation of Public Highways; Authority to Enter Private Lands to Drill, Survey, etc.; Relocation, etc., of Public Utility Facilities; Procedures; Costs.

Section 23-2-147 - Bonds; Issuance; Forms; Procedures, Etc.

Section 23-2-148 - Refunding Bonds; Purposes.

Section 23-2-149 - Trust Agreements Securing Bond Issues; Authorized Provisions Protecting Holders; Pledge of Revenues.

Section 23-2-150 - Authority to Collect Tolls, Revenues, etc.; to Lease to Utilities; Toll Rates Adjusted to Conform to Trust Agreement.

Section 23-2-151 - Revenues Deemed Trust Funds; Depository Deemed Trustee.

Section 23-2-152 - Bondholder's and Trustee's Rights of Enforcement; Scope of Rights.

Section 23-2-153 - Exemptions From Levy, Charge, Assessment, Collection, etc., of Certain Taxes; Certificate of Exemption.

Section 23-2-154 - Bonds Legal Investments for All Purposes; Entitled to Be Deposited With State Officers or Agencies.

Section 23-2-155 - Authority to Maintain Own Toll Roads, Bridges, and Tunnels.

Section 23-2-156 - Rules and Regulations Governing Use of Toll Roads, etc.; Violations; Penalties; Law Enforcement.

Section 23-2-157 - Lease, Grant, etc., of County, City, etc., Property to Authority.

Section 23-2-158 - Annual Report to Legislature; Contents; Annual Audit; Expense.

Section 23-2-159 - Conflict of Interest; Penalty.

Section 23-2-160 - Transfer of Projects to State Highway System.

Section 23-2-161 - Study of Proposed Projects; Reimbursement of Funds; Indebtedness.

Section 23-2-162 - Advertisement of Plans; Public Hearing.

Section 23-2-163 - Applicability to Existing Roadway Capacity.