§ 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.
§ 6-4-10. 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, […]
§ 6-4-12. 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 , […]
§ 6-4-2. 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 […]
§ 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 […]