For the purposes of this article, the following terms have the following meanings:
(1)AUTHORITY or HOUSING AUTHORITY. A public body organized as a body corporate and politic in accordance with the provisions of this article for the purposes, with the powers, and subject to the restrictions set forth in this article.
(2)BONDS. Any bonds, interim certificates, notes, debentures, warrants, or other obligations of the authority issued pursuant to this article.
(3)CITY. Any municipality in this state.
(4)CITY CLERK and MAYOR. The clerk, and the mayor or president of the board of commissioners, respectively, of the city, or the officers charged with the duties customarily imposed on the clerk and mayor, respectively.
(5)COMMISSIONER. One of the members of an authority appointed in accordanc
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For the purposes of this article, the following terms have the following meanings:
(1) AUTHORITY or HOUSING AUTHORITY. A public body organized as a body corporate and politic in accordance with the provisions of this article for the purposes, with the powers, and subject to the restrictions set forth in this article.
(2) BONDS. Any bonds, interim certificates, notes, debentures, warrants, or other obligations of the authority issued pursuant to this article.
(3) CITY. Any municipality in this state.
(4) CITY CLERK and MAYOR. The clerk, and the mayor or president of the board of commissioners, respectively, of the city, or the officers charged with the duties customarily imposed on the clerk and mayor, respectively.
(5) COMMISSIONER. One of the members of an authority appointed in accordance with the provisions of this article.
(6) COMMUNITY FACILITIES. Real and personal property and buildings and equipment for recreational or social assemblies; for educational, health, or welfare purposes; and for necessary utilities, when designed primarily for the benefit and use of the occupants of the dwelling accommodations.
(7) CONTRACT. Any agreement of an authority with or for the benefit of an obligee whether contained in a resolution, trust indenture, mortgage, lease, bond, or other instrument.
(8) COUNCIL. The legislative body, council, board of commissioners, or other body charged with governing a municipality.
(9) FEDERAL GOVERNMENT. The United States of America, the United States Department of Housing and Urban Development, or any agency, instrumentality, corporate or otherwise, of the United States of America.
(10) GOVERNMENT. The state and federal governments and any subdivision, agency, or instrumentality, corporate or otherwise, of either of them.
(11) HOUSING PROJECT. All real and personal property, buildings and improvements, stores, offices, public school buildings, lands for farming and gardening, and community facilities acquired or constructed or to be acquired or constructed pursuant to a single plan of undertaking to demolish, clear, remove, alter or repair unsanitary or unsafe housing, or to provide dwelling accommodations at rentals within the means of persons of low income. The term may also be applied to the planning of the buildings and improvements; the acquisition of property; the demolition of existing structures; the construction, reconstruction, alteration and repair of the improvements; and all other work in connection therewith.
(12) MIXED-USE PROJECT. Any development project that provides more than one use or purpose within a shared building or development and that may include any combination of housing, lodging, office, retail, medical, recreational, commercial, governmental, industrial, or other components.
(13) MORTGAGES. Deeds of trust, mortgages, building and loan contracts, or other instruments conveying real or personal property as security for bonds and conferring a right to foreclose and cause a sale thereof.
(14) OBLIGEE OF THE AUTHORITY or OBLIGEE. Any bondholder, trustee or trustees for any bondholders, any lessor demising property to the authority used in connection with a housing project or any assignee or assignees of such lessor’s interest, or any part thereof, and the United States of America, when it is a party to any contract with the authority.
(15) PERSONS OF LOW INCOME. Individuals receiving less than the income determined by the authority as the amount individuals must receive to enable them to pay the rent necessary to secure safe, sanitary, and uncongested dwelling accommodations, other than dwelling accommodations provided by the authority or any cities, within the boundaries of the authority. Such determinations by the authority shall be binding and conclusive for all purposes of this article.
(16) REAL PROPERTY. Lands, lands under water, structures and any and all easements, franchises and incorporeal hereditaments and every estate and right therein, legal and equitable, including terms for years and liens by way of judgment, mortgage, or otherwise.
(17) STATE. The State of Alabama.
(18) TRUST INDENTURE. Instruments pledging the revenues of real or personal properties but not conveying such properties conferring a right to foreclose and cause a sale thereof.