HB 849: Randolph County Airport Authority Act; enact

House Bill 849 (AS PASSED HOUSE AND SENATE)

By: Representatives Greene of the 154th and Cheokas of the 151st

A BILL TO BE ENTITLED

AN ACT

To amend an Act creating the Lower Chattahoochee Regional Airport Authority, approved May 5, 2006 (Ga. L. 2006, p. 4422), as amended, particularly by an Act approved May 28, 2010 (Ga. L. 2010 p. 3570) and an Act approved April 11, 2012 (Ga. L. 2012, p. 5050), so as to rename the authority; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.

An Act creating the Lower Chattahoochee Regional Airport Authority, approved May 5, 2006 (Ga. L. 2006, p. 4422), as amended, particularly by an Act approved May 28, 2010 (Ga. L. 2010 p. 3570) and an Act approved April 11, 2012 (Ga. L. 2012, p. 5050), is amended by revising Section 1 as follows: "SECTION 1.

Short title.

This Act shall be known and may be cited as the 'Randolph County Airport Authority Act.'"

SECTION 2.

Said Act is further amended by revising subsection (a) of Section 3 as follows: "SECTION 3

Randolph County Airport Authority.

(a) There is created a body corporate and politic, to be known as the 'Randolph County Airport Authority,' which shall be deemed to be a political subdivision of the State of Georgia and a public corporation and by that name, style, and title said body may contract and be contracted with, sue and be sued, implead and be impleaded, and bring and defend actions in all courts. The authority shall have perpetual existence."

SECTION 3.

Said Act is further amended by revising paragraph (2) of subsection (a) of Section 4 as follows:

"(2) 'Authority' means the Randolph County Airport Authority created by this Act."

SECTION 4.

Said Act is further amended by revising Section 6 as follows: "SECTION 6.

Successor to former airport authority.

The Randolph County Airport Authority shall be the successor in interest to the Lower Chattahoochee Regional Airport Authority created by an Act approved May 5, 2006 (Ga. L. 2006, p. 4422), as amended, and shall by operation of law acquire and assume all assets, interest, obligations, debts, and liabilities of the Lower Chattahoochee Regional Airport Authority."

SECTION 5.

Said Act is further amended by revising Section 21 as follows: "SECTION 21.

Validation.

Bonds of the authority shall be confirmed and validated in accordance with the procedure of Article 3 of Chapter 82 of Title 36 of the Official Code of Georgia Annotated, known as the 'Revenue Bond Law.' The petition for validation shall also make party defendant to such action the State of Georgia or any municipality, county, authority, political subdivision, or instrumentality of the State of Georgia which has contracted with the authority for the services and facilities of the project for which bonds are to be issued and sought to be validated, and the state or such municipality, county, authority, political subdivision, or instrumentality shall be required to show cause, if any exists, why such contract or contracts and the terms and conditions thereof should not be inquired into by the court and the contract or contracts and the terms and conditions thereof should not be inquired into by the court and the contract or contracts adjudicated as part of the basis for the security for the payment of any such bonds of the authority. The bonds, when validated, and the judgment of validation shall be final and conclusive with respect to such bonds, and the security for the payment thereof and interest thereon and against the authority issuing the same and the state and any municipality, county, authority, political subdivision, or instrumentality, if a party to the validation proceedings, contracting with the Randolph County Airport Authority."

SECTION 6.

All laws and parts of laws in conflict with this Act are repealed.