HB1535: HB1535 Sandy Springs, City of; Redevelopment Powers Law; provide for a referendum

26 LC 47 4073/AP House Bill 1535 (AS PASSED HOUSE AND SENATE) By: Representatives Silcox of the 53rd, Panitch of the 51st, Holland of the 54th, and Roberts of the 52nd A BILL TO BE ENTITLED AN ACT To authorize the City of Sandy Springs, Georgia, to exercise al l redevelopment and other1 powers provided for under Article IX, Section II, Paragraph VII (b) of the Georgia2 Constitution and Chapter 44 of Title 36 of the O.C.G.A., the "Redevelopment Powers Law,"3 as amended; to provide for a referendum; to provide for effecti ve dates; to provide for4 automatic repeal under certain circumstances; to repeal conflic ting laws; and for other5 purposes.6 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:7 SECTION 1.8 The City of Sandy Springs, Georgia, shall be and is authorized to exercise all redevelopment9 and other powers provided for under Chapter 44 of Title 36 of t he O.C.G.A., the10 "Redevelopment Powers Law," as amended. The intention of this Act is to authorize the City11 of Sandy Springs to undertake and carry out community redevelop ment, to create tax12 allocation districts, to issue tax allocation bonds, and to inc ur other obligations within the13 meaning of and as fully permitted under the provisions of Article IX, Section II, Paragraph14 VII(b) of the Constitution of the State of Georgia of 1983, as amended, and to authorize the15 City of Sandy Springs to exercise redevelopment powers as fully as the "Redevelopment16 H. B. 1535 - 1 - 26 LC 47 4073/AP Powers Law" may now or hereafter permit and not to limit any re development powers17 permitted under the "Redevelopment Powers Law."18 SECTION 2.19 The election superintendent of the City of Sandy Springs shall call and conduct an election,20 as provided in this section, for the purpose of submitting this Act to the electors of the City21 of Sandy Springs for approval or rejection. The election superintendent shall conduct that22 election on the Tuesday after the first Monday in November, 2026, and shall issue the call23 and conduct that election as provided by general law. The elec tion superintendent shall24 cause the date and purpose of the election to be published once at least 90 days immediately25 preceding the date thereof and once a week for two weeks immediately preceding the date26 thereof in the official organ of Fulton County, Georgia. The b allot shall have written or27 printed thereon the words:28 "( ) YES29 ( ) NO30 31 Shall the Act be approved which authorizes the City of Sandy Sp rings, Georgia, to exercise all redevelopment powers allowed under the 'Redevelopment Powers Law,' as it may be amended from time to time?" All persons desiring to vote for approval of the Act shall vote "Yes," and all persons desiring 32 to vote for rejection of the Act shall vote "No." If more than one-half of the votes cast on33 such question are for approval of the Act, then Section 1 of th is Act shall become of full34 force and effect immediately. If this Act is not so approved o r if the election is not35 conducted as provided in this section, Section 1 of this Act shall not become effective and36 this Act shall be automatically repealed on the first day of Ja nuary immediately following37 such election date. The expense of such election shall be borne by the City of Sandy Springs. 38 It shall be the election superintendent's duty to certify the result thereof to the Secretary of39 State.40 H. B. 1535 - 2 - 26 LC 47 4073/AP SECTION 3.41 Except as otherwise provided in Section 2 of this Act, this Act shall become effective upon42 its approval by the Governor or upon its becoming law without such approval.43 SECTION 4.44 All laws and parts of laws in conflict with this Act are repealed. 45 H. B. 1535 - 3 -