Section 33-2-100 Appropriation for payment of principal and interest on bonds. There is hereby appropriated for the payment of the principal of and interest on any bonds issued hereunder, under the 1957 Docks Act, or under the 1959 Docks Act or the 1961 Docks Act, so much as may be necessary for that purpose of […]
Section 33-2-101 Application of revenues from inland waterways facilities. The gross revenues derived from the operation of each unit of development comprising a part of the inland waterways facilities shall be applied for the following purposes in the following order: (1) Payment of the expenses of operating and maintaining in good operating condition the unit […]
Section 33-2-102 Provisions of article applicable to refunding bonds; investment of proceeds of bonds, etc. All provisions of this article pertaining to bonds issued under this article that are not inconsistent with the provisions of this section shall, to the extent applicable, also apply to the refunding bonds issued hereunder. The principal proceeds from the […]
Section 33-2-103 Separate records as to each unit of development. The department shall establish and maintain a separate record with respect to each unit of development that may have been or may be acquired, constructed or operated in whole or in part under the provisions of this article, or the 1957 Docks Act, the 1959 […]
Section 33-2-104 Use of surplus revenues of Port of Mobile facilities to pay operating deficit. If at the end of any fiscal year there are surplus revenues of the Port of Mobile facilities with respect to that fiscal year and an operating deficit of the inland waterways facilities with respect to that fiscal year then […]
Section 33-2-105 Rates and charges for use of facilities. The department shall have the right and power to fix from time to time and to collect reasonable rates and charges for services rendered by, and for the use of, dock facilities acquired, constructed or operated pursuant to the provisions of this article. (Acts 1963, No. […]
Section 33-2-106 Revocation or cancellation of licenses to occupy state property. Any license heretofore granted by the state, either expressly or by implication, permitting the upland owner to occupy any part of the space between the high-water mark and the low-water mark of any navigable waterway of this state, or along the banks of any […]
Section 33-2-107 Bonds and interest exempt from taxation. Any bonds issued pursuant to the authority of this article and the interest thereon shall be exempt from all taxation by the State of Alabama or any political subdivision thereof. (Acts 1963, No. 192, p. 573, §18.)
Section 33-2-90 Definitions. The words and phrases hereinafter set forth, wherever used in this article, shall have the respective meanings hereinafter ascribed to them. These definitions shall include both the singular and the plural. (1) 1957 DOCKS AMENDMENT. Amendment 116 of the Constitution of Alabama. (2) THE STATE. The State of Alabama. (3) THE DEPARTMENT. […]
Section 33-2-91 Dock facilities at additional cost of $2,000,000.00 authorized. In addition to the authority granted to the state by the provisions of any other law, the state is hereby expressly authorized and empowered, at an additional cost to the state of not exceeding $2,000,000.00, to engage in works of internal improvement by promoting, developing, […]
Section 33-2-92 Authorized cost additional; total cost to state. The authorization herein granted to the state of engaging in the aforesaid works of internal improvement at a cost of not exceeding $2,000,000.00 is in addition to the authorization in the amount of $3,000,000.00 granted by the 1957 Docks Act, and to the authorization in the […]
Section 33-2-93 Authority to acquire, construct, maintain, etc., new facilities; completion of facilities acquired under earlier acts; plans and survey; approval of Governor; permit or consent from federal authorities. The state, acting through the department, shall, in engaging in the works of internal improvement authorized by this article, have the power to acquire, purchase, install, […]
Section 33-2-94 Authority, etc., of department under article cumulative. All administration, supervision, authority and responsibility under this article and operations conducted hereunder, vested in the department, shall be in addition to all power, duties and authority conferred on the department by any other statute, it being the intent of this article that the authority, powers, […]
Section 33-2-95 How property and rights-of-way may be acquired; eminent domain proceedings. In acquiring rights-of-way and property necessary for the construction of dock facilities and convenient approaches thereto in furtherance of the purposes of this article, the department shall have the power to acquire same by gift, lease, purchase, negotiation or condemnation. The department shall […]
Section 33-2-96 Department may contract current indebtedness. In any operations conducted under this article, the department may contract such current indebtedness as is necessarily incident to the progress of the work in accordance with the terms of this article. (Acts 1963, No. 192, p. 573, §7.)
Section 33-2-97 General provisions relative to additional inland waterways improvement bonds. In order to provide funds for the purposes of this article, there are hereby authorized to be sold and issued bonds of the state not exceeding $2,000,000.00 in aggregate principal amount, under and subject to the provisions hereinafter set forth. The bonds shall be […]
Section 33-2-98 Requirements for sale of bonds. The bonds must be sold only at public sale, either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net interest cost to the state for the bonds being sold, computed to their respective maturities; provided, that if no bid acceptable to […]
Section 33-2-99 Disposition of proceeds from sale of bonds. The proceeds from the sale of any of the bonds (other than refunding bonds) shall be paid into the State Treasury and kept by the State Treasurer in a separate account and paid over to the secretary-treasurer of the department from time to time in such […]
