This chapter shall be known and may be cited as the “Public Safety and Judicial Facilities Act.” History. Code 1981, § 36-75-1 , enacted by Ga. L. 2003, p. 862, § 1; Ga. L. 2004, p. 631, § 36; Ga. L. 2021, p. 684, § 1/HB 579. The 2021 amendment, effective July 1, 2021, substituted […]
This chapter shall be liberally construed to effect the purposes hereof. Sale or issuance of bonds by any authority shall not be subject to regulation under Chapter 5 of Title 10, the “Georgia Uniform Securities Act of 2008,” or any other law. No proceeding or publication not required in this chapter shall be necessary to […]
On and after May 24, 2007, no public safety and judicial facilities authority created and activated by a single county pursuant to this chapter shall be authorized to issue bonds for new projects unless a resolution approving such projects is passed by a majority vote of the governing authority of the county that created and […]
Those public safety and judicial facilities authorities created and activated pursuant to this chapter that have issued the $50 million maximum aggregate amount of bonds permitted under paragraph (13) of Code Section 36-75-7 shall be subject to the provisions of Code Section 36-75-11 when such bonded indebtedness is reduced and such authorities desire to issue […]
On and after May 24, 2007, no county or municipality that has activated or that activates a public safety and judicial facilities authority shall also activate a joint public safety and judicial facilities authority. History. Code 1981, § 36-75-13 , enacted by Ga. L. 2007, p. 421, § 1/HB 181. Code Commission notes. Pursuant to […]
This chapter is enacted pursuant to authority granted to the General Assembly by the Constitution of Georgia. Each authority created by this chapter is created for nonprofit and public purposes; and it is found, determined, and declared that the creation of each such authority and the carrying out of its corporate purposes is in all […]
As used in this chapter, the term: “Authority” means each public corporation created pursuant to this chapter. “Cost of project” means all costs of site preparation and other start-up costs; all costs of construction; all costs of real and personal property required for the purposes of the project and facilities related thereto, including land and […]
There is created in and for each county and municipal corporation in this state a public body corporate and politic, to be known as the “public safety and judicial facilities authority” of such county. No authority shall transact any business or exercise any powers under this chapter until the governing body of the county or […]
Control and management of the authority shall be vested in a board of directors whose members shall be residents of the county or municipal corporation, as applicable. Directors shall be appointed, and may be reappointed, for terms of four years. The resolution or ordinance activating the authority shall state the number of directors and the […]
A majority of the directors shall constitute a quorum for the transaction of business of the authority. However, any action with respect to any project of the authority must be approved by the affirmative vote of a majority of the directors. History. Code 1981, § 36-75-6 , enacted by Ga. L. 2003, p. 862, § […]
Each authority shall have all of the powers necessary or convenient to carry out and effectuate the purposes and provisions of this chapter, including, but without limiting the generality of the foregoing, the power: To bring and defend actions; To adopt and amend a corporate seal; To acquire, construct, improve, or modify, to place into […]
Subject to the limitations and procedures provided by this Code section, the obligations of any authority evidenced by bonds, bond anticipation notes, trust indentures, deeds to secure obligations, security agreements, or mortgages executed in connection therewith may contain such provisions not inconsistent with law as shall be determined by the board of directors of the […]
No bonds or other obligations of and no indebtedness incurred by any authority shall constitute an indebtedness or obligation of the State of Georgia or of any county, municipal corporation, or political subdivision thereof, nor shall any act of any authority in any manner constitute or result in the creation of an indebtedness of this […]
