The general assembly may authorize any county, municipality, or housing authority
to undertake and carry out community redevelopment, which may include the sale or
other disposition of property acquired by eminent domain to private enterprise for
private uses.
(b)
In addition to the authority granted by subparagraph (a) of this paragraph, the general
assembly is authorized to grant to counties or municipalities for redevelopment purposes
and in connection with redevelopment programs, as such purposes and programs are defined
by general law, the power to issue tax allocation bonds, as defined by such law, and
the power to incur other obligations, without either such bonds or obligations constituting
debt within the meaning of section V of this article, and the power to enter into
contracts for any period not exceeding 30 years with private persons, firms, corporations
and business entities. Notwithstanding the grant of these powers pursuant to general
law, no county or municipality may exercise these powers unless so authorized by local
law and unless such powers are exercised in conformity with those terms and conditions
for such exercise as established by that local law. The provisions of any such local
law shall conform to those requirements established by general law regarding such
powers. No such local law, or any amendment thereto, shall become effective unless
approved in a referendum by a majority of the qualified voters voting thereon in the
county or municipality directly affected by that local law.
(1984 Ga. Laws, page 1709, § 1)
var val = document.getElementById('citecontent').innerHTML;
art.dialog.defaults.title = window.location.href;
art.dialog.data('cite', val);
art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');
