Development-Authority-LOCAL-LEGISLATION-002

As located on the Lanier County Board of Commissioners homepage:  https://laniercountyboc.com/wp/public-notices/

file:///C:/Users/HP-Z210/Downloads/Development-Authority-LOCAL-LEGISLATION-002%20(3).pdf

https://law.justia.com/constitution/georgia/conart9.html

Art. IX

ARTICLE IX.

COUNTIES AND MUNICIPAL CORPORATIONS

Paragraph VII. Community redevelopment.

(a) The General Assembly may authorize any county, municipality, or housing authority to undertake and carry out community redevelopment, which may include the sale or other disposition of property acquired by eminent domain to private enterprise for private uses.

(b) In addition to the authority granted by subparagraph (a) of this Paragraph, the General Assembly is authorized to grant to counties or municipalities for redevelopment purposes and in connection with redevelopment programs, as such purposes and programs are defined by general law, the power to issue tax allocation bonds, as defined by such law, and the power to incur other obligations, without either such bonds or obligations constituting debt within the meaning of Section V of this article, and the power to enter into contracts for any period not exceeding 30 years with private persons, firms, corporations, and business entities. Notwithstanding the grant of these powers pursuant to general law, no county or municipality may exercise these powers unless so authorized by local law and unless such powers are exercised in conformity with those terms and conditions for such exercise as established by that local law. The provisions of any such local law shall conform to those requirements established by general law regarding such powers. No such local law, or any amendment thereto, shall become effective unless approved in a referendum by a majority of the qualified voters voting thereon in the county or municipality directly affected by that local law.

https://law.justia.com/codes/georgia/2018/title-36/provisions-applicable-to-municipal-corporations-only/chapter-44/2018

Georgia Code
Title 36 – Local Government
Provisions Applicable to Municipal Corporations Only
Chapter 44 – Redevelopment Powers