Alabama Statutes

§ 45-29-90.12 — Rates, Fees, and Charges for Services

Alabama § 45-29-90.12
JurisdictionAlabama
Title 45Local Laws
Ch. 29Fayette County
Art. 9Economic and Industrial Development and Tourism

This text of Alabama § 45-29-90.12 (Rates, Fees, and Charges for Services) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 45-29-90.12 (2026).

Text

(a)Rates, fees, and charges for services rendered by the authority from any of its facilities shall be fixed and from time to time revised by the authority; provided, that such rates, fees, and charges shall be so fixed as at all times to provide funds at least sufficient to do all of the following:
(1)To pay the cost of operating, maintaining, repairing, replacing, extending, and improving the facilities and other property from which such services are rendered.
(2)To pay the principal of and the interest on all bonds issued and obligations assumed by it, the authority, that are payable out of the revenues derived from the operation of those facilities, as the principal and interest become due and payable.
(3)To create and maintain such reserves for the foregoing purposes or any of the

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Legislative History

(Act 91-277, p. 517, §13.)

Nearby Sections

15
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Bluebook (online)
Alabama § 45-29-90.12, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/45-29-90.12.