Unless the context plainly indicates otherwise, the following words and terms shall have the meanings hereby ascribed to them:

1. (1) AUTHORITY. A public corporation organized under this subpart.
2. (2) BOARD. The board of directors of the authority
3. (3) BOND. Any bond authorized to be issued under this subpart.
4. (4) CITY. A city subject to this subpart.
5. (5) COUPON. Any interest coupon evidencing an installment of interest payable with respect to a bond.
6. (6) DIRECTOR. A member of the board.
7. (7) GOVERNING BODY. The body in which the general legislative powers of the city are vested.
8. (8) INDENTURE. A mortgage, and indenture of mortgage, deed of trust, trust agreement, or trust indenture executed by the authority as securityfor its bonds.
9. (9) PARKING FACILITY. Any building, structure, land, right-of-way, equipment, or instrumentality used or useful in connection with the construction, enlargement, development, maintenance, or operation of an area or building for off-street parking of motor vehicles, or in connection with the exercise of any power of the authority.
10. (10) STATE. The State of Alabama.

(Acts 1971, No. 2079, p. 3335, §3.)