§ 50-39-53. Grant Programs; Pilot Program Formation; Factors to Be Considered in Selecting Pilot Projects; Procedures; Eligible Projects
As used in this Code section, the term: “Local government authority” and “state” mean the same as under 49 U.S.C. Section 5302. “Public-private project initiative” means a local or regional streetcar project which is proposed and advanced by a cooperative entity or sponsor that involves a combined public and private sector financing and development structure […]
§ 50-39-60. Liberal Construction
This chapter, being for the welfare of this state and its inhabitants, shall be liberally construed to effect the purposes specified in this chapter. History. Code 1981, § 50-39-60 , enacted by Ga. L. 2018, p. 377, § 2-1/HB 930.
§ 50-39-61. Application of Chapter 1 of Title 40
No provision of Chapter 1 of Title 40 shall apply to any bus, other motor vehicle, or rapid rail system of the authority which provides transit services. History. Code 1981, § 50-39-61 , enacted by Ga. L. 2018, p. 377, § 2-1/HB 930.
§ 50-39-50. “Lease Agreement” Defined; Operation; Execution; Provisions
For the purposes of this Code section, the term “lease agreement” shall mean and include a lease, operating lease rental agreement, usufruct, sale and lease back, or any other lease agreement having a term of not more than 50 years and concerning real, personal, or mixed property, any right, title, or interest therein by and […]
§ 50-39-51. Payment for Costs of a Project; Optional Conditions; Local Government Power to Contract; Fees
The authority may make grants or loans to a local government to pay all or any part of the cost of a project. In the event the local government agrees to accept such grants or loans, the authority may require the local government to issue bonds or revenue bonds as evidence of such grants or […]
§ 50-39-52. Withholding of Funds to Local Government
In the event of a failure of any local government to collect and remit in full all amounts due to the authority and all amounts due to others, which involve the credit or guarantee of the authority or of the state, on the date such amounts are due under the terms of any bond, revenue […]
§ 50-39-17. Limitation on Liability
Neither the members of the authority nor any officer or employee of the authority acting on behalf thereof, while acting within the scope of his or her authority, shall be subject to any liability resulting from: The construction, ownership, maintenance, or operation of any project financed with the assistance of the authority; The construction, ownership, […]
§ 50-39-18. Record and Resource Sharing Between Governmental Entities
Upon request of the board of the authority, the Department of Transportation and the Department of Natural Resources shall provide to the authority and its authorized personnel and agents access to all books, records, and other information resources available to those departments which are not of a commercial proprietary nature and shall assist the authority […]
§ 50-39-30. Utilization of Funding Resources
In accomplishing its purposes pursuant to the provisions of this chapter, the authority may utilize, unless otherwise prohibited by law, any combination of the following funding resources: Revenue bonds as authorized by this chapter; Guaranteed revenue bonds as authorized by this chapter; Funds obtained in a special district, for the purposes of providing transit services, […]
§ 50-39-31. Responsibility for Use of Federal Funds
The authority may serve as the entity to discharge all duties imposed on the state by any act of Congress allotting federal funds to be expended for transit projects and purposes within the jurisdiction of the authority. Unless designated otherwise by the federal government, the authority shall be designated as the proper and sole authority […]