§ 6-4-12. Obligations or Indebtedness Not to Constitute Indebtedness of State or Political Subdivisions
No bonds, notes, or other obligations of and no indebtedness incurred by the authority shall constitute an indebtedness or obligation of the State of Georgia or any county, municipal corporation, or political subdivision thereof nor shall any act of the authority in any manner constitute or result in the creation of an indebtedness of the […]
§ 6-4-13. Tax Exemption
It is found, determined, and declared that the creation of the Georgia Airport Development Authority and the carrying out of its corporate purposes are in all respects for the benefit of the people of this state and constitute a public purpose and that the authority will be performing an essential governmental function in the exercise […]
§ 6-4-14. Police Powers
The authority is empowered to exercise such of the police powers of the state as may be necessary to maintain peace and order and to enforce any and all restrictions upon its properties and facilities, to the extent that such is lawful under the laws of the United States and this state; however, the authority […]
§ 6-4-15. Other Authorities Unaffected by Provisions of Chapter
This chapter shall not affect any other authority now or hereafter existing under general or local constitutional amendment or general or local law. History. Code 1981, § 6-4-15 , enacted by Ga. L. 1992, p. 1615, § 1.
§ 6-4-16. Venue and Jurisdiction of Actions
Any action to protect or enforce any rights under this chapter and any action pertaining to validation of any bonds issued under this chapter brought in the courts of this state shall be brought in the Superior Court of Fulton County, which shall have exclusive jurisdiction of such actions. History. Code 1981, § 6-4-16 , […]
§ 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 […]
§ 6-4-4. Corporate Existence; Status as Political Subdivision
The Georgia Airport Development Authority shall continue to be a body corporate and politic and an instrumentality and public corporation of the state known as the “Georgia Airport Development Authority.” It shall have perpetual existence. In said name it may contract and be contracted with, sue and be sued, implead and be impleaded, and complain […]