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GA HB838
Bill
Status
Passed
5/3/2018
Primary Sponsor
Josh Bonner
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AI Summary
- Replaces the existing board of the Peachtree City Water and Sewerage Authority with the members of the Peachtree City Council, who serve as ex officio members, and removes all current board members upon the effective date
- Designates the mayor of Peachtree City as chairman of the authority and sets a quorum at four members, with members receiving no compensation but eligible for reimbursement of actual expenses
- Requires any intergovernmental agreements related to water supply, sewerage service, system construction, rates, or other water and sewerage functions to be approved by the Peachtree City Council
- Authorizes the authority to issue negotiable revenue bonds maturing in up to 40 years and declares such bonds and their income exempt from all taxation as allowed by applicable state and federal law
- Provides that where the authority's bond issuance provisions conflict with Georgia's Revenue Bond Law (O.C.G.A. Article 3, Chapter 82, Title 36), the state Revenue Bond Law shall control
Legislative Description
Peachtree City Water and Sewage Authority; revise membership
Last Action
Effective Date
5/3/2018
Full Bill Text
No bill text available