---
title: O.C.G.A. § 12-3-322. Leasing of property by competitive bidding.
collection: code
id: 12-3-322
cite_as: O.C.G.A. § 12-3-322 (2025)
canonical_url: https://georgiacommons.org/code/12-3-322
md_url: https://georgiacommons.org/code/12-3-322.md
text_url: https://georgiacommons.org/code/12-3-322/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t12-(v10)-2021-pdf.pdf?sfvrsn=67595359_0#page=224
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CONSERVATION AND NATURAL RESOURCES / PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION / PUBLIC AUTHORITIES / LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY
---

# O.C.G.A. § 12-3-322. Leasing of property by competitive bidding.

Only after notice is published once a week for four weeks in the official organs of all the counties bordering Lake Lanier and in the official organ of Fulton County, the property described in this part shall be leased as deemed appropriate by the authority at public auction or by sealed competitive bids. The authority shall have the privilege of setting minimum prices below which no bid for lease shall be accepted. When in the opinion of the authority the public welfare demands it, the authority may conclude any authorized lease by private negotiation after first giving notice to the Attorney General of the particulars.

## History

Ga. L. 1962, p. 736, § 9.