House Bill 1555 (AS PASSED HOUSE AND SENATE) By: Representatives Ballard of the 147th and Stinson of the 150th A BILL TO BE ENTITLED AN ACT To amend an Act providing a new charter for the City of Fort Valley, approved August 22, 1907 (Ga. L. 1907, p. 651), as amended, so as to deannex certain territory from the city limits; to provide that the city shall be obligated to transfer title in any real or personal property related to the operation of the utility system upon the request of the utility commission; to provide for related matters; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. An Act providing a new charter for the City of Fort Valley, approved August 22, 1907 (Ga. L. 1907, p. 651), as amended, is revised by adding a new section following Section 1A to read as follows: "SECTION 1B. Notwithstanding any other provisions of this charter to the contrary, the right-of-way of State Route 96 east of a point found at 32.554019, -83.865025 and any portion of the right-of-way of Houser's Mill Road shall be removed from the corporate limits of the city." SECTION 2. Said Act is further amended in Section 1.1 by revising subsection (f) as follows: "(f) The commission is hereby expressly authorized to purchase or sell real or personal property at public or private sale in its own name and under such terms and conditions and for whatever consideration the commission deems necessary. The commission is further authorized to trade, exchange, lease, rent, and otherwise contract in its own name concerning any real or personal property that the city may now or hereafter own or have an interest in and which forms a part of the commission's utility system, provided that the commission satisfies any indebtedness thereon. All proceeds from any such sale shall be used solely for the benefit of the utility system, provided that the commission has satisfied any indebtedness thereon or purchased the same, as applicable, from commission proceeds. All such property acquired after July 1, 2019, shall be the property of the commission, but the commission shall have the right and responsibility to manage and operate any real or personal property that the city may now or hereafter own or have an interest in and which forms a part of the commission's utility system; provided, however, that nothing in this subsection shall impair obligations or covenants entered into in respect of such property or revenues prior to the date of its enactment; and provided, further, that the terms of existing agreements permitting additional and future obligations to be issued or refinanced by the repledging of such property or revenues shall be unaffected by the terms of this Act. Notwithstanding any other provision of this charter to the contrary, the city shall be obligated to transfer title to the commission of any real or personal property that the city may now or hereafter own or have an interest in and which forms a part of the commission's utility system upon the commission adopting a resolution requesting that title in such property be transferred to the commission." SECTION 3. All laws and parts of laws in conflict with this Act are repealed.