HB 545

Abstract

A BILL to be entitled an Act to create the Metropolitan Atlanta Aerotropolis Development Authority; to authorize such authority to undertake such activities necessary to effect the creation of economic development in the metropolitan Atlanta area; to define relevant terms; to provide that bonds be validated as authorized by Article 3 of Chapter 82 of Title 36 of the O.C.G.A., the "Revenue Bond Law"; to provide for intergovernmental contracts; to provide for the creation of the Metropolitan Atlanta Aerotropolis Development Authority Project Revolving Fund; to provide for local government participation in the authority; to provide for venue of legal actions; to provide an effective date; to repeal conflicting laws; and for other purposes.