Bill > HB816

This bill creates the Greene County Public Facilities Authority, a new public body corporate and politic designed to promote the public good and general welfare of Greene County, Georgia. The authority will consist of five members appointed by the Greene County Board of Commissioners, with initial members serving contemporaneously with their nominating commissioner and subsequent members serving four-year terms. Members must be at least 21 years old, residents of Greene County for two years, and cannot have been convicted of a felony. The authority is empowered to acquire, construct, and maintain public facilities, issue revenue bonds, enter into contracts, accept grants, and operate projects for the county, school district, and municipal corporations. The revenue bonds issued by the authority will be tax-exempt, self-liquidating, and have a maximum maturity of 40 years, but will not constitute a debt of Greene County or the State of Georgia. The authority's purpose is to finance and provide public buildings, facilities, equipment, and services, with all assets reverting to the county upon dissolution. The bill ensures that the authority has broad powers typical of public corporations, including the ability to set rates, establish operational policies, and enjoy tort immunity similar to Greene County's government.

Government Affairs

https://www.legis.ga.gov/legislation/71555