§ 8-3-71. Bonds — Liability of Commissioner, State, and Political Subdivisions; Status of Bonds in Regard to Constitutional and Statutory Debt Limitations and Restrictions
Neither the commissioners of an authority nor any person executing the bonds shall be liable personally on the bonds by reason of the issuance thereof. The bonds and other obligations of an authority shall not be a debt of the city, the county, the state, or any political subdivision of the state; and such bonds […]
§ 8-3-72. Bonds — Exemption of Bonds and Interest From Taxation; Article as Contract by Housing Authorities and State With Bondholders and Transferees
Bonds of an authority are declared to be issued for an essential public and governmental purpose and to be public instrumentalities. All such bonds shall be exempt from state, county, municipal, or other taxation in the State of Georgia; and interest on such bonds shall be exempt from income taxation or other taxation by the […]
§ 8-3-17. Powers of Authorities and Board of Regents as to Dormitories; Venue for Actions Regarding Rights in Projects and Questions as to Issuance of Bonds; Validation and Confirmation of Bonds
The great increase in population in the State of Georgia which has taken place in recent years has created a serious shortage in dormitory housing accommodations at the various units of the University System of Georgia, causing overcrowded and congested conditions which are unsafe and undesirable and seriously impair the proper operation of such institutions. […]
§ 8-3-30. General Powers; Applicability of Laws as to Acquisition, Operation, or Disposition of Property by Other Public Bodies
An authority shall constitute a public body corporate and politic exercising public and essential governmental functions and having all the powers necessary or convenient to carry out and effectuate the purposes and provisions of this article, including the following powers in addition to others granted by this article: To sue and be sued; to have […]
§ 8-3-3.1. Additional Definitions
As used in this article, the term: “Community facilities” means the land, buildings, improvements, and equipment for such recreational, community, educational, and commercial facilities as the authority determines improve the quality of an eligible housing unit. “Eligible housing unit” means real and personal property located in the state constituting single or multifamily dwelling units suitable […]
§ 8-3-31. Eminent Domain
An authority shall have the right to acquire by the exercise of the power of eminent domain any real property which it may deem necessary for its purposes under this article after the adoption by it of a resolution declaring that the acquisition of the real property described therein is necessary for such purposes. An […]
§ 8-3-4. Creation of Housing Authorities
In each city and in each county of the state there is created a public body corporate and politic to be known as the “housing authority” of the city or county; provided, however, that such authority shall not transact any business or exercise its powers under this article until or unless the governing body of […]
§ 8-3-31.1. “Public Use” Defined; Eminent Domain to Be Exercised Solely for Public Use
As used in this Code section, the term “public use” shall have the meaning specified in Code Section 22-1-1. Any exercise of the power of eminent domain under this chapter or Chapter 4 of this title must: Be for a public use; and Be approved by resolution of the governing body of the municipality or […]
§ 8-3-5. Findings Required Before Adoption of Resolution
A governing body shall adopt a resolution declaring that there is need for a housing authority in the city or county, as the case may be, if it shall find that insanitary or unsafe inhabited dwelling accommodations exist in such city or county or that there is a shortage of safe or sanitary dwelling accommodations […]
§ 8-3-32. Borrowing Money and Accepting Grants and Other Financial Assistance From Federal Government; Taking Over, Leasing, or Managing Projects Constructed or Owned by Federal Government; Purpose and Intent of Article
An authority is empowered to borrow money or accept grants or other financial assistance from the federal government for, or in aid of, any housing project within its area of operation; to take over or lease or manage any housing project or undertaking constructed or owned by the federal government; and, to these ends, to […]