Georgia Commons

Title 32. HIGHWAYS, BRIDGES, AND FERRIES

Chapter 10. PUBLIC AUTHORITIES

94 sections · 32-10-1 to 32-10-133

Article 1. GEORGIA HIGHWAY AUTHORITY · Part 1. GENERAL PROVISIONS

  1. 32-10-1Definitions.
  2. 32-10-2Continuation of Georgia Highway Authority; preservation of authority’s powers; protection of rights of bondholders generally.
  3. 32-10-3Members; compensation; officers; quorum; record of proceedings.
  4. 32-10-4Powers of authority generally.
  5. 32-10-5Conveyance of property to authority.
  6. 32-10-6Reimbursement of counties and municipalities for property, interests, and rights of way conveyed to authority.
  7. 32-10-7Letting of construction contracts by competitive bids.
  8. 32-10-8Initiation of projects; preliminary expenses; selection of projects.
  9. 32-10-9Leasing of projects.
  10. 32-10-10Payment of rentals by lessees; enforcement of covenants and obligations; assignment of rentals by authority.
  11. 32-10-11Cessation of rentals; transfer of projects.
  12. 32-10-12Designation of projects as part of county and municipal public road systems and as part of state highway system.
  13. 32-10-13Composition of authority’s fund; purposes for which fund may be pledged or utilized.
  14. 32-10-14Designation of moneys received pursuant to article as trust funds.
  15. 32-10-15Effect of article.
  16. 32-10-16Construction of article.

Article 1. GEORGIA HIGHWAY AUTHORITY · Part 2. REVENUE BONDS

  1. 32-10-30Power of authority to issue bonds generally; attributes of bonds generally.
  2. 32-10-31Sale of bonds by public competitive bidding; determination of sale price and interest rate.
  3. 32-10-32Form and issuance of bonds.
  4. 32-10-33Signing bonds; affixing authority’s seal to bonds.
  5. 32-10-34Bonds as negotiable instruments; tax exemption.
  6. 32-10-35Utilization of bond proceeds; procedure in cases where proceeds are less than or greater than cost of project or combined projects.
  7. 32-10-36Issuance of interim receipts, interim certificates, and temporary bonds.
  8. 32-10-37Replacement of lost or mutilated bonds.
  9. 32-10-38Resolutions for bond issuance; issuance of bonds of a single issue.
  10. 32-10-39Effect of bond issuance on state debt; recitals on face of bonds regarding such effect.
  11. 32-10-40Trust indentures as security for bonds.
  12. 32-10-41Payment of bond proceeds to trustee.
  13. 32-10-42Pledges of revenues, rents, and earnings; creation and disposition of sinking funds.
  14. 32-10-43Rights and remedies of holders of bonds or interest coupons, of receivers for such holders, and of indenture trustees.
  15. 32-10-44Refunding bonds.
  16. 32-10-45Investment of funds in bonds; deposit of bonds as securities.
  17. 32-10-46Protection of interests and rights of bondholders.
  18. 32-10-47Confirmation and validation of bonds.
  19. 32-10-48Adjudication regarding lease contracts and rental income.
  20. 32-10-49Covenant with holders of bonds as to tax-exempt status of authority property and bonds.
  21. 32-10-50Venue and jurisdiction of actions.

Article 2. STATE ROAD AND TOLLWAY AUTHORITY · Part 1. GENERAL PROVISIONS

  1. 32-10-60Definitions.
  2. 32-10-61Continuation of State Tollway Authority as State Road and Tollway Authority.
  3. 32-10-62Membership; compensation; officers; bylaws; quorum; record of proceedings.
  4. 32-10-63Powers of authority generally.
  5. 32-10-63.1Exemption for transit service buses, motor vehicles, and rapid rail systems from requirements relating to identification and regulation of motor vehicles.
  6. 32-10-64General toll powers; police powers; operation of vehicles through toll collection facilities; penalties; video surveillance authorized.
  7. 32-10-65Fixing, revising, charging, and collecting tolls; use and disposition of tolls generally.
  8. 32-10-65.1Expiration of tolls.
  9. 32-10-65.2Annual reporting.
  10. 32-10-66Duty of authority to prescribe rules and regulations for projects generally.
  11. 32-10-67Study, financing, construction, and operation of new projects; cooperation and assistance of Department of Transportation.
  12. 32-10-68Letting of contracts by competitive bids.
  13. 32-10-69Conveyance of real property to authority; power to acquire and expend funds for property interests.
  14. 32-10-70Transfer of real and personal property to authority by public bodies and officers.
  15. 32-10-71Acquisition, maintenance, and operation of tollway projects; collection of parking fees for public beaches.
  16. 32-10-72Authority fund for excess toll and other revenue.
  17. 32-10-73Designation of moneys received pursuant to article as trust funds.
  18. 32-10-74Effect of article.
  19. 32-10-75Construction of article.
  20. 32-10-76Grant programs; street car transportation pilot program formation; requirements.Reserved
  21. 32-10-77General Assembly approval of funding for street car projects.

Article 2. STATE ROAD AND TOLLWAY AUTHORITY · Part 2. REVENUE BONDS

  1. 32-10-90Form and issuance of bonds; pledging of tolls and other project revenues.
  2. 32-10-90.1Garvee bond provisions.
  3. 32-10-91Obtaining of loans and issuance and sale of notes and bonds; sale of obligations.
  4. 32-10-92Bonds authorized by resolution; specification of terms; public or private sale.
  5. 32-10-93Execution, seal, and signing of bonds.
  6. 32-10-94Bonds as negotiable instruments; tax exemption.
  7. 32-10-95Utilization of bond proceeds; procedure in cases where proceeds are less than or greater than cost of project or combined projects.
  8. 32-10-96Issuance of interim receipts, interim certificates, and temporary bonds.
  9. 32-10-97Replacement of lost or mutilated bonds.
  10. 32-10-98Resolutions for bond issuance; issuance of bonds of a single issue.
  11. 32-10-99Credit of state not pledged.
  12. 32-10-100Trust indenture as security for bonds.
  13. 32-10-101Payment of bond proceeds to trustee.
  14. 32-10-102Pledges of revenues, tolls, and earnings; creation and disposition of sinking funds.
  15. 32-10-103Rights and remedies of holders of bonds or interest coupons and of indenture trustees.
  16. 32-10-104Refunding bonds.
  17. 32-10-105Investment of funds in bonds; deposit of bonds as securities.
  18. 32-10-106Protection of interests and rights of bondholders.
  19. 32-10-107Confirmation and validation of bonds.
  20. 32-10-108Transfer of projects to state highway system free from tolls.
  21. 32-10-109Covenant with holders as to tax-exempt status of authority property and bonds.
  22. 32-10-110Venue and jurisdiction of actions.

Article 2. STATE ROAD AND TOLLWAY AUTHORITY · Part 3. TRANSPORTATION INFRASTRUCTURE BANK

  1. 32-10-120Short title.
  2. 32-10-121Creation; governance; corporate purpose; types of accounts.
  3. 32-10-122Definitions.
  4. 32-10-123Authority of the board.
  5. 32-10-124Power of board; meaning of use of word ‘‘bank’’ for purposes of this article.
  6. 32-10-125Revenue sources.
  7. 32-10-126Earnings; establishment of accounts and subaccounts; commingling of funds.
  8. 32-10-127Loans and other financial assistance; determination of eligible projects.
  9. 32-10-128Authority of qualified borrowers.
  10. 32-10-129Bank exempted from taxes and assessments.
  11. 32-10-130Withholding of funds.
  12. 32-10-131Liability of officer, employee, or committee of bank.
  13. 32-10-132Notice prior to action or referendum not required.
  14. 32-10-133Annual report.