HB 523 — City of Johns Creek Public Buildings and Facilities Authority; create
A BILL to be entitled an Act to create the City of Johns Creek Public Buildings and Facilities 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, charges, and earnings of the authority, to contract payments to the authority from other moneys pledged therefor, and to authorize the collection and pledging of the revenues, tolls, fees, charges, earnings, and contract payments 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 fix and provide the venue and jurisdiction of actions relating to any provisions of this Act; to provide for the validation of bonds; to provide for the separate enactment of each provision of this Act; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
House Date Signed by Governor