Section 23-2-163 – Applicability to Existing Roadway Capacity.
Section 23-2-163 Applicability to existing roadway capacity. Repealed by Act 2017-375, § 2, effective May 24, 2017. (Act 2009-769, p. 2364, §4.)
Section 23-2-150 – Authority to Collect Tolls, Revenues, etc.; to Lease to Utilities; Toll Rates Adjusted to Conform to Trust Agreement.
Section 23-2-150 Authority to collect tolls, revenues, etc.; to lease to utilities; toll rates adjusted to conform to trust agreement. The authority is hereby authorized to fix, revise, charge, and collect tolls for the use of each toll road, bridge or tunnel project and the different parts or sections thereof, and to contract with, or […]
Section 23-2-151 – Revenues Deemed Trust Funds; Depository Deemed Trustee.
Section 23-2-151 Revenues deemed trust funds; depository deemed trustee. All moneys received pursuant to the authority of this article, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this article. The resolution authorizing the bonds of any […]
Section 23-2-152 – Bondholder’s and Trustee’s Rights of Enforcement; Scope of Rights.
Section 23-2-152 Bondholder’s and trustee’s rights of enforcement; scope of rights. Any holder of bonds issued under the provisions of this article, or of any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent that the rights herein given may be restricted by such trust agreement, may, by […]
Section 23-2-140 – Short Title.
Section 23-2-140 Short title. This article shall be known, and may be cited, as the Toll Road, Bridge and Tunnel Authority Act. (Acts 1980, No. 80-691, p. 1377, §25.)
Section 23-2-141 – Intent and Purpose of Article.
Section 23-2-141 Intent and purpose of article. The purpose of this article is to facilitate vehicular traffic and safety in the state by providing for the construction of modern toll roads, bridges and tunnels in strategic and essential locations, without taxes and without a pledge of the faith and credit of the state. (Acts 1980, […]
Section 23-2-142 – Definitions.
Section 23-2-142 Definitions. As used in this article, the following words and terms shall have the following meanings, respectively, unless the context clearly indicates otherwise: (1) AUTHORITY. The Alabama Toll Road, Bridge, and Tunnel Authority created by this article, or any board, body, or commission succeeding to the principal functions thereof or to which the […]
Section 23-2-143 – Authority Established; Composition; Meetings; Fidelity Bonds; Compensation.
Section 23-2-143 Authority established; composition; meetings; fidelity bonds; compensation. (a) There is hereby established a body corporate and politic with corporate succession, to be known as the “Alabama Toll Road, Bridge and Tunnel Authority.” The authority is hereby constituted an instrumentality exercising public and essential governmental functions and the exercise by the authority of the […]
Section 23-2-144 – Powers of the Authority.
Section 23-2-144 Powers of the authority. (a) The authority shall have the following powers: (1) To adopt bylaws for the regulation of its affairs and the conduct of its business. (2) To adopt an official seal and alter the same at pleasure. (3) To maintain a principal office and branch offices at the place or […]
Section 23-2-145 – Advertisement for Construction Bids; Award of Contract; Work Done by Force Account; Further Considerations by the Authority.
Section 23-2-145 Advertisement for construction bids; award of contract; work done by force account; further considerations by the authority. (a) Before construction is started on any project, the authority shall advertise for sealed bids once each week for three consecutive weeks in a newspaper of general circulation in the county in which the project or […]