§ 6-4-5. Appointment of Members; Terms; Filling of Vacancies; Officers; Quorum; Reimbursement for Expenses; Compensation of Employees; Legal Services
The authority shall consist of eight members as follows: Five members to be appointed by the Governor, at least three of whom shall have expertise in the field of aviation; One member to be appointed by the Speaker of the House of Representatives, who shall not be a member of the General Assembly; One member […]
§ 6-4-6. Members Accountable as Trustees; Conflict of Interests; Books and Records
The members of the authority shall be accountable in all respects as trustees. Every member of the authority and every employee of the authority who knowingly has any interest, direct or indirect, in any contract to which the authority is or is about to become a party, or in any other business of the authority, […]
§ 6-4-7. General Powers
The authority shall have all of the powers necessary, proper, or convenient to carry out and effectuate the purposes and provisions of this chapter. The powers enumerated in this Code section are cumulative of and in addition to each other and other powers granted elsewhere in this chapter and no such power limits or restricts […]
§ 6-4-8. Requirements for Issuance of Revenue Bonds, Notes, or Other Obligations
Revenue bonds, notes, or other obligations issued by an authority shall be paid solely from the property, including, but not limited to, real property, fixtures, personal property, revenues, or other funds pledged, mortgaged, conveyed, assigned, hypothecated, or otherwise encumbered to secure or to pay such bonds, notes, or other obligations. All revenue bonds, notes, and […]
§ 6-4-9. Additional Provisions Governing Issuance of Bonds, Notes, or Other Obligations
Subject to the limitations and procedures provided by this Code section, the agreements or instruments executed by the authority may contain such provisions not inconsistent with law as shall be determined by the members of the authority. The proceeds derived from the sale of all bonds, notes, and other obligations issued by the authority shall […]
§ 6-4-10. Development of Air Transportation Projects
The implementation of new air transportation projects that are planned to accommodate 14 C.F.R. Part 121 aircraft operations within the State of Georgia develops and promotes for the public good and general welfare, trade, commerce, tourism, industry, and employment opportunities and promotes the general welfare of the state by creating a favorable climate for the […]