Bill Text: GA HB203 | 2009-2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

Bill Title: Local government; development authorities; clarify certain terms

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Passed) 2010-05-07 - Effective Date [HB203 Detail]

Download: Georgia-2009-HB203-Amended.html

---

10 AM 29 0936

ADOPTED
Senator Weber of the 40th offered the following amendment:

Amend HB 203 (LC 29 4380S) by striking line 73 and inserting in lieu thereof the following:

assume ownership of such parks; the purchase price for such parks shall be $100.00 per

By striking lines 90 through 107 and inserting in lieu thereof the following:

(i) Where residents of a municipality are required pursuant to Code Section 36-31-11 to continue to pay taxes for the purpose of retiring any special district debt created by the issuance of bonds by the county on behalf of the special district for the purpose of improving parks and the municipality elects to purchase any such park pursuant to this Code section, the county shall transfer to the municipality as an agent of the special district the portion of the bond proceeds that the county planned to spend on such park at the time of the referendum on the bonds, based upon any statements of intention or representations concerning use of the bond proceeds by the governing authority of the county. Such amount shall be determined based on county resolutions and any attachments thereto, staff recommendations, or similar documents presented at the time of passage of a resolution, county records, and any public statements or representations made by county managers, representatives, officials, or their agents as to the amount that would be spent on such park in order to solicit voter support for the referendum; provided, however, that the amount to be transferred by the county to the municipality shall be reduced by any amount spent by the county to improve such park prior to the date of the municipality's notice of its election to purchase the park as provided in subsection (f) of this Code section. The transfer shall be due within 30 days after the municipality assumes ownership of any such park. The municipality shall be required to expend any such funds for and on behalf of the special district in a manner consistent with the purpose and intent of the issuance of the bonds.