Section 36-44-19. Contracting with private individuals or entities

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A political subdivision may enter into any contract relating to the exercise of its redevelopment powers under this chapter with any private persons, firms, corporations, or business entities for any period not exceeding 30 years. Such contracts may include, without being limited to, contracts to convey or otherwise obligate real property for redevelopment under this chapter although that property has not yet been acquired at the time of contracting by the county or municipality.

Code 1981, § 36-44-19, enacted by Ga. L. 2009, p. 158, § 2/HB 63.

                    
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