Georgia Commons

Title 10. COMMERCE AND TRADE

Chapter 9. GEO. L. SMITH II GEORGIA WORLD CONGRESS CENTER

50 sections · 10-9-1 to 10-9-61

Article 1. GENERAL PROVISIONS

  1. 10-9-1Short title.
  2. 10-9-2Re-creation of “Geo. L. Smith II Georgia World Congress Center Authority.”
  3. 10-9-3Definitions.
  4. 10-9-4Purpose of authority; powers generally.
  5. 10-9-4.1Adoption and enforcement of ordinances relating to property, affairs, and administration of authority; penalties.
  6. 10-9-5Transfer of duties of Department of Economic Development; actions to be performed by authority under contract with and on behalf of department; costs; ratification of past actions.
  7. 10-9-6Appointment and terms of members of board of governors; vacancies; travel expenses and per diem.
  8. 10-9-7Management of business and affairs of authority; bylaws, rules, and regulations; quorum; delegation of authority to committees.
  9. 10-9-8Meetings of board; notice; removal of members from board.
  10. 10-9-9Officers of board; terms; authority; compensation.
  11. 10-9-10Exemption of authority from taxation.
  12. 10-9-11Venue and jurisdiction of actions under chapter.
  13. 10-9-12Acceptance of grants, contributions, and gifts of money, property, or services.
  14. 10-9-13Moneys received considered trust funds; exception.
  15. 10-9-14Authority to fix charges for use; use of earnings; terms and conditions for use of project; contract required; penalty for violation of commercial activity prohibition.
  16. 10-9-14.1Bylaws, resolutions, regulations, or ordinances governing use of facilities; exclusion of persons; grants for particular uses.
  17. 10-9-15Power of authority with regard to ensuring maximum use of project; rules and regulations for operation and use; security guards.
  18. 10-9-16Duties of Attorney General.
  19. 10-9-16.1Authority to contract with local entities with regard to local trade and convention center; provision of goods and services; costs, liabilities, and expenses.
  20. 10-9-16.2Disposition of real property not required by authority; excepted property.
  21. 10-9-17Powers declared supplemental and additional.
  22. 10-9-18Liberal construction of chapter.
  23. 10-9-19Accounts and audits.

Article 2. OVERVIEW COMMITTEE

  1. 10-9-20Geo. L. Smith II Georgia World Congress Center Authority Overview Committee created; composition; officers; duties.
  2. 10-9-21Cooperation of other state agencies; staff members and independent consultants.
  3. 10-9-22Authority to cooperate with committee; enforcement actions; annual committee reports.
  4. 10-9-23Criteria for evaluating authority.
  5. 10-9-24Expenditure of funds; expenses of committee members.

Article 3. REVENUE BONDS

  1. 10-9-40Issuance of bonds authorized; purpose.
  2. 10-9-41Terms and conditions of bonds; form.
  3. 10-9-42Signatures; seal.
  4. 10-9-43Tax exemption.
  5. 10-9-44Sale of bonds; interest rate.
  6. 10-9-45Use of proceeds; issuance of additional bonds in case of deficit; use of surplus.
  7. 10-9-46Interim revenue receipts, certificates, or bonds.
  8. 10-9-47Replacement of mutilated, destroyed, or lost bonds.
  9. 10-9-48Proceedings and conditions for issuance; resolution.
  10. 10-9-49Lease of facilities; terms and conditions; contracts with public entities.
  11. 10-9-50Enforceability against authority; limitation on state liability.
  12. 10-9-51Security; provisions in resolution or trust indenture for protection of bondholder rights and remedies; sinking fund.
  13. 10-9-52Enforcement of rights by bondholder, receiver, or indenture trustee.
  14. 10-9-53Payment of sale proceeds to trustee.
  15. 10-9-54Use of services of Georgia State Financing and Investment Commission; professional services for projects.
  16. 10-9-55Refunding bonds.
  17. 10-9-56Bonds made securities for investment and deposit purposes.
  18. 10-9-57Validation of bonds; applicability of “Revenue Bond Law.”
  19. 10-9-58Legislative findings; state covenants.
  20. 10-9-59Inapplicability of “Georgia Uniform Securities Act of 2008.”
  21. 10-9-60Jurisdiction over actions.
  22. 10-9-61Cumulative nature of authority powers; power to pledge or assign rents, revenues, earnings, and funds as security for indebtedness.