HB 611 — Eatonton-Putnam Water and Sewer Authority; create
House Date Signed by Governor
A BILL to be entitled an Act to create the Eatonton-Putnam Water and Sewer Authority and to provide for the appointment of members of the authority; to confer powers upon the authority; to authorize the issuance of revenue bonds of the authority payable from the revenues, tolls, fees, fines, charges and earnings of the authority, contract payments to the authority and from other moneys pledged therefor and authorize the collection and pledging of the revenues, tolls, fees, fines, charges and earnings of the authority for the payment of such revenue bonds; to authorize the execution of resolutions and trust indentures to secure the payment of the revenue bonds of the authority and to define the rights of the holders of such obligations; to make the revenue bonds of the authority exempt from taxation; to provide for the validation of bonds; to repeal conflicting laws; and for other purposes.
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