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GA SB225
Bill
Status
Passed
5/3/2016
Primary Sponsor
Steve Henson
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AI Summary
- Amends the 2008 Act governing community improvement districts (CIDs) in DeKalb County to allow districts to be created wholly within municipalities, wholly within unincorporated areas, or partially within both, rather than only in unincorporated DeKalb County
- Requires activation of each CID through a consent resolution from the relevant governing authority (county, municipality, or both) plus written consent from a majority of real property owners and owners representing at least 75% of property value within the district
- Each district board must have at least seven members: up to two appointed by DeKalb County (one if any part is in a municipality), one appointed by each municipality with area in the district, two elected by electors, and three elected by equity electors serving staggered initial terms of one to three years
- Caps taxes, fees, and assessments at five mills on nonresidential real property only, with DeKalb County collecting the levies and retaining a collection fee of 1% of proceeds up to $25,000 per calendar year
- Dissolution requires a resolution from the applicable governing authority and written consent from two-thirds of property owners and owners of at least 75% of property value, with dissolution taking effect only after all debt obligations are satisfied and remaining cash refunded proportionally to property owners
Legislative Description
DeKalb County; community improvement districts created within municipalities; change certain provisions
Last Action
Effective Date
5/3/2016
Full Bill Text
No bill text available