§ 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 […]
§ 6-4-11. Liberal Construction of Chapter
The provisions of this chapter shall be liberally construed to effect its stated purpose. The offer, sale, or issuance of bonds, notes, or other obligations by the authority shall not be subject to regulation under the laws of the State of Georgia regulating the sale of securities, as heretofore and hereafter amended. No notice, proceeding, […]
§ 6-4-1. Short Title
This chapter shall be known and may be cited as the “Georgia Airport Development Authority Law.” History. Code 1981, § 6-4-1 , enacted by Ga. L. 1992, p. 1615, § 1.
§ 6-4-2. Authority Created; Purposes
There is created the Georgia Airport Development Authority for the purposes of determination of location, construction, financing, acquisition of property, operation, and development of any new airports that are planned to accommodate aircraft operating under the provisions of 14 C.F.R. Part 121 within and outside the State of Georgia. History. Code 1981, § 6-4-2 , […]
§ 6-4-3. Definitions
As used in this chapter, the term: “Authority” means the Georgia Airport Development Authority. “Cost of the project” or “cost of any project” means and shall include: all costs of acquisition, by purchase or otherwise, construction, assembly, installation, or the subsequent modification, renovation, or rehabilitation incurred in connection with any project or any part of […]