GEORGIA CODE (Last Updated: August 20, 2013) |
Title 36. LOCAL GOVERNMENT |
Provisions PROVISIONS APPLICABLE TO COUNTIES AND MUNICIPAL CORPORATIONS |
Chapter 62. DEVELOPMENT AUTHORITIES |
§ 36-62-1. Short title |
§ 36-62-2. Definitions |
§ 36-62-3. Constitutional authority for chapter; finding of public purposes; tax exemption |
§ 36-62-4. Development authorities created; appointment and terms of directors; quorum; adoption and filing of resolution of need |
§ 36-62-5. Directors; officers; compensation; adoption of bylaws; delegation of powers and duties; conflicts of interest; audits |
§ 36-62-5.1. Joint authorities |
§ 36-62-6. Powers of authority generally |
§ 36-62-6.1. Obtaining real property within adjoining county which will be exchanged for federal property |
§ 36-62-7. Operation of project by governmental units prohibited; sale or lease of property for operation |
§ 36-62-8. Obligations of authority; use of proceeds; status as revenue obligations; subsequent series of bonds or notes; bond anticipation notes; interest rates; issuance and validation |
§ 36-62-9. Purposes of chapter; issuance of bonds or bond anticipation notes; exceptions |
§ 36-62-10. Obligations of authority not indebtedness of state or political subdivisions |
§ 36-62-11. Construction of chapter generally; effect of conflict between chapter and other provisions of law; applicability of certain other provisions of law to proceedings under chapter |
§ 36-62-12. Previously created authority not affected by chapter |
§ 36-62-13. Disposition of property of certain authorities dissolved by operation of law |
§ 36-62-14. Perpetual existence of authority; dissolution |
REFS & ANNOS
TITLE 36 Chapter 62 NOTE
CROSS REFERENCES. --Housing authorities of counties and municipalities, T. 8, C. 3. Downtown development authorities, T. 36, C. 42.
LAW REVIEWS. --For survey article on local government law, see 34 Mercer L. Rev. 225 (1982).
For note, "Procedural requirements for public approval of tax-exempt industrial development bonds under TEFRA", see 19 Ga. St. B.J. 84 (1982).
JUDICIAL DECISIONS
SIMILARITY TO DOWNTOWN DEVELOPMENT AUTHORITIES LAW. --Although the Downtown Development Authorities Law expands the scope of permissible authority projects beyond that of the Development Authorities Law to include all types of commercial projects, the Downtown Development Authorities Law otherwise resembles the Development Authorities Law in design and purpose. Odom v. Union City Downtown Dev. Auth., 251 Ga. 248, 305 S.E.2d 110 (1983).
OPINIONS OF THE ATTORNEY GENERAL
FOR MULTIFACETED DISCUSSION OF THE OPERATION OF THIS CHAPTER, see 1980 Op. Att'y Gen. No. 80-158.
DEVELOPMENT AUTHORITY MAY NOT DISBURSE FUNDS TO A CHAMBER OF COMMERCE for general promotion and other described activities without violating Ga. Const. 1976, Art. III, Sec. VIII, Para. XII (see Ga. Const. 1983, Art. III, Sec. VI, Para. VI). 1983 Op. Att'y Gen. No. U83-7.
CITY DEVELOPMENT AUTHORITY COULD TRANSFER ASSETS, including cash and contract rights, to a joint city-county development authority in return for services. 1996 Op. Att'y Gen. No. U96-24.
RESEARCH REFERENCES
ALR. --Adverse impact upon existing business as factor affecting validity and substantive requisites of issuance, by state or local governmental agencies, of economic development bonds in support of private business enterprise, 39 ALR4th 1096.
Eminent domain: industrial park or similar development as public use justifying condemnation of private property, 62 ALR4th 1183.
LAW REVIEWS. --For survey article on local government law, see 34 Mercer L. Rev. 225 (1982).
For note, "Procedural requirements for public approval of tax-exempt industrial development bonds under TEFRA", see 19 Ga. St. B.J. 84 (1982).
JUDICIAL DECISIONS
SIMILARITY TO DOWNTOWN DEVELOPMENT AUTHORITIES LAW. --Although the Downtown Development Authorities Law expands the scope of permissible authority projects beyond that of the Development Authorities Law to include all types of commercial projects, the Downtown Development Authorities Law otherwise resembles the Development Authorities Law in design and purpose. Odom v. Union City Downtown Dev. Auth., 251 Ga. 248, 305 S.E.2d 110 (1983).
OPINIONS OF THE ATTORNEY GENERAL
FOR MULTIFACETED DISCUSSION OF THE OPERATION OF THIS CHAPTER, see 1980 Op. Att'y Gen. No. 80-158.
DEVELOPMENT AUTHORITY MAY NOT DISBURSE FUNDS TO A CHAMBER OF COMMERCE for general promotion and other described activities without violating Ga. Const. 1976, Art. III, Sec. VIII, Para. XII (see Ga. Const. 1983, Art. III, Sec. VI, Para. VI). 1983 Op. Att'y Gen. No. U83-7.
CITY DEVELOPMENT AUTHORITY COULD TRANSFER ASSETS, including cash and contract rights, to a joint city-county development authority in return for services. 1996 Op. Att'y Gen. No. U96-24.
RESEARCH REFERENCES
ALR. --Adverse impact upon existing business as factor affecting validity and substantive requisites of issuance, by state or local governmental agencies, of economic development bonds in support of private business enterprise, 39 ALR4th 1096.
Eminent domain: industrial park or similar development as public use justifying condemnation of private property, 62 ALR4th 1183.