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Official Code of Georgia Annotated

Title 50. STATE GOVERNMENT · Chapter 39. ATLANTA-REGION TRANSIT LINK ‘‘ATL’’ AUTHORITY · Article 3. FUNDING

50-39-30. Utilization of funding resources.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. In accomplishing its purposes pursuant to the provisions of this chapter, the authority may utilize, unless otherwise prohibited by law, any combination of the following funding resources:

  2. (1)

    Revenue bonds as authorized by this chapter;#

  3. (2)

    Guaranteed revenue bonds as authorized by this chapter;#

  4. (3)

    Funds obtained in a special district, for the purposes of providing transit services, transit projects, and air quality services within such district or, by contract with, between, and among local governments within such special districts, throughout such districts;#

  5. (4)

    Moneys borrowed by the authority pursuant to the provisions of this chapter;#

  6. (5)

    Such federal funds as may from time to time be made available to the authority or for purposes coincident with the purposes of the authority within the territory over which the authority has jurisdiction; and#

  7. (6)

    Such grants or contributions from persons, firms, corporations, or other entities as the authority may receive from time to time.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 50-39-30, enacted by Ga. L. 2018, p. 377, § 2-1/HB 930.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t50-ch13-40-(v38a)-2021-pdf.pdf, Volume V38A, 2021 edition, page 817; merge action: carried; file SHA-256 1cacff3315fb.