§ 52-2-31. Power of Authority to Fix, Revise, and Collect Charges; Factors Governing Determination of Amount of Rentals and Other Charges; Creation, Use, and Disposition of Sinking Fund; Cancellation of Purchased or Redeemed Bonds
The authority is authorized to fix and to revise from time to time fees, rentals, and other charges for the use of each project and for the services and facilities furnished by the same and to charge and collect the same and to lease and to make contracts with any person, firm, or corporation with […]
§ 52-3-12. Effect of Chapter on State’s Jurisdiction Over Lands Affected by Chapter; Effect on Service of Process on Such Lands
Neither this chapter, nor any part thereof, nor any grant or deed made under the authority hereof shall operate to divest the State of Georgia of jurisdiction over any lands; and all civil and criminal process issued under the authority of any laws of this state may be executed in or on any part of […]
§ 52-2-32. Status of Contracted-for Rentals as Obligations of State; Payment of Rentals; Power of Authority to Enforce Lessees’ Duty to Perform Covenants and Obligations; Assignment of Rentals Due
The rentals contracted to be paid by the state or any department, agency, or institution of the state to the authority under leases entered upon pursuant to this chapter shall constitute obligations of the state for the payment of which the good faith of the state is pledged. Such rentals shall be paid as provided […]
§ 52-4-1. Filing of Petition for Incorporation; Contents of Petition; Filing Fee
Any number of persons, not less than five, desiring to be incorporated as a company for the purpose of constructing, operating, and maintaining a canal, may file with the Secretary of State a petition setting out the names and domicile of the petitioners, that they desire to be incorporated as a canal company, the name […]
§ 52-2-33. Duty of Authority to Prescribe Rules and Regulations for Operation of Projects; Duty of Authority to Impose and Collect Rentals and Other Charges for Use of Facilities of Projects
It shall be the duty of the authority to prescribe rules and regulations for the operation of each project constructed under this chapter, including rules and regulations to ensure maximum use of each such project, and to impose rentals and other charges for the use of the facilities furnished by or related to the use […]
§ 52-2-34. Acceptance of Grants From Federal Agencies and of Contributions of Money and Property From Other Sources
The authority, in addition to the moneys which may be received from the sale of revenue bonds and from the collection of revenues and earnings derived under this chapter, shall have authority to accept from any federal agency grants for or in aid of the construction of any project or for the payment of bonds […]
§ 52-2-35. Requirement as to Competitive Bidding for Contracts for New Construction
The authority shall have the right to do all new construction under an agency or construction management form of contract without the necessity of taking competitive bids. History. Ga. L. 1945, p. 464, § 9.
§ 52-2-36. Status of Moneys Received Under Chapter as Trust Funds; Provision by Authority for Payment of Moneys to Designated Trustee; Investment of Moneys; Sale of Investments and Reinvestment
All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The authority shall, in the resolution providing for […]
§ 52-2-37. Creation of Authority and Carrying Out of Authority’s Corporate Purpose as Constituting a Public Purpose; Covenant With Bondholders as to Tax-Exempt Status of Authority’s Property
It is found, determined, and declared that the creation of the authority and the carrying out of its corporate purpose is in all respects for the benefit of the people of this state and is a public purpose and that the authority will be performing an essential governmental function in the exercise of the power […]
§ 52-2-22. Revenue Bonds — Conditions Precedent to Issuance; Application of Bonds of a Single Issue to Payment of One or More Projects; Effective Date of Resolutions Providing for Issuance; Passage of Resolutions
Such revenue bonds may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, and things which are specified or required by this chapter. In the discretion of the authority, revenue bonds in a single issue may be issued for the purpose of paying the costs […]