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GA HB356

GA HB356
City of Doraville Building and Public Facilities Authority Act; enact

summary

Introduced
02/10/2025
In Committee
02/21/2025
Crossed Over
02/13/2025
Passed
04/07/2025
Dead
Signed/Enacted/Adopted
05/13/2025

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT To create the City of Doraville Building and Public Facilities Authority; to provide that the authority is a body corporate and politic and an instrumentality of the State of Georgia; to authorize the authority to acquire, construct, equip, maintain, and operate certain projects, including buildings and facilities for use by the City of Doraville for its governmental, proprietary, and administrative functions; to provide for members of the authority and their terms, organization, and reimbursement; to provide for vacancies; to provide for definitions; to confer powers and impose duties on the authority; to provide for limitations to the authority; to authorize the authority to enter into contracts and leases pertaining to uses of such facilities, which contracts and leases may obligate the lessees to make payment for the use of the facilities for the term thereof and to pledge for that purpose money derived from taxation; to provide that no debt of the City of Doraville or the State of Georgia shall be incurred by the exercise of any of the powers granted; to authorize the issuance of revenue bonds of the authority payable from the revenues, rents, and earnings and other functions of the authority; to authorize the collecting and pledging of such revenues, rents, and earnings for the payment of such bonds; to authorize the adoption of resolutions and the execution of trust agreements and indentures to secure the payment of such bonds and to define the rights of the holders of such bonds; to provide for a sinking fund; to make the bonds of the authority exempt from taxation; to authorize the issuance of refunding bonds; to provide for LC 61 0059/AP the validation of such bonds and to fix the venue for jurisdiction of actions relating to any provision of this Act; to provide for immunity and exemption from liability for torts and negligence; to provide that the property of the authority shall not be subject to levy and sale; to provide that certain moneys are trust funds; to provide that this Act shall be liberally construed; to define the scope of the authority's operation; to provide for disposition of property upon dissolution of the authority; to provide for severability; to provide for a short title; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

This bill creates the City of Doraville Building and Public Facilities Authority, a public body corporate and politic that serves as an instrumentality of the State of Georgia. The authority is empowered to acquire, construct, equip, maintain, and operate projects for the City of Doraville's governmental and administrative functions. It will consist of five members appointed by the Doraville City Council, with no more than two members being city council members themselves. The authority has broad powers, including the ability to sue and be sued, enter into contracts, acquire and manage property, issue revenue bonds, and receive grants and contributions. The revenue bonds issued by the authority will not constitute a debt of the city or state and will be payable solely from the authority's own revenues. The bonds will be tax-exempt and can be used to finance various projects, with strict provisions for how funds can be used and how bondholders' interests will be protected. The authority is granted significant operational flexibility, including the ability to set rental fees, enter into leases, and manage its own properties, while maintaining immunity from certain legal actions and tax obligations. If dissolved, any remaining property would be conveyed to the City of Doraville after all bonded indebtedness is paid.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Effective Date 2025-05-13 (on 05/13/2025)

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