Title 36 — Title 36
0 chapters · 603 sections in this title.
O.C.G.A. § 36-44-1 Short title
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This chapter shall be known and may be cited as the ‘‘Redevelopment Powers Law.’’ 817 History. — Code 1981, § 36-44-1, enacted by Ga. L. 2009, p. 158, § 2/HB 63. 36-44-3
O.C.G.A. § 36-44-11 Positive tax allocation increments
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(a) Positive tax allocation increments of a tax allocation district shall be allocated to the political subdivision which created the district for each year from the effective date of the creation of the district until that time when all redevelopment costs and all tax allocation…
O.C.G.A. § 36-44-12 Termination of tax allocation districts
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The existence of a tax allocation district shall terminate when the local legislative body, by resolution, dissolves the district, but no such resolution may be adopted until all redevelopment costs have been paid. History. — Code 1981, § 36-44-12, enacted by Ga. L. 2009, p. 158,…
O.C.G.A. § 36-44-13 Payment of redevelopment costs
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Payment of redevelopment costs may be made by any of the following methods or any combination thereof: (1) Payment by the political subdivision from the special fund of the tax allocation district; (2) Payment from the general funds of a political subdivision subject to the limit…
O.C.G.A. § 36-44-16 Loans for financing redevelopment costs
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As an additional source for financing redevelopment costs, a political subdivision or its redevelopment agency may borrow funds from financial institutions and, in connection therewith, may pledge or assign lease contracts or revenue received from lease contracts on property owne…
O.C.G.A. § 36-44-17 Limitation on creation of tax allocation district
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No political subdivision may create a tax allocation district when the total current taxable value of property subject to ad valorem property taxes within the proposed district plus the total current taxable value of property subject to ad valorem property taxes within all its ex…
O.C.G.A. § 36-44-18 Application of Urban Redevelopment Law
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It is specifically provided that Code Section 36-61-16 of the ‘‘Urban Redevelopment Law,’’ which Code section provides for cooperation among public bodies for redevelopment purposes under said law, shall be applicable to the exercise of redevelopment powers provided by this chapt…
O.C.G.A. § 36-44-19 Contracting with private individuals or entities
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A political subdivision may enter into any contract relating to the exercise of its redevelopment powers under this chapter with any private persons, firms, corporations, or business entities for any period not exceeding 30 years. Such contracts may include, without being limited…
O.C.G.A. § 36-44-2 Legislative findings and purpose
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It is found and declared that economically and socially depressed areas exist within counties and municipalities of this state and that these areas contribute to or cause unemployment, limit the tax resources of counties and municipalities, and create a greater demand for governm…
O.C.G.A. § 36-44-20 Requirement of insufficiency
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(a) Notwithstanding any other provisions of this chapter, a local legislative body may use, pledge, or otherwise obligate its general funds for payment or security for payment of tax allocation bonds issued or incurred under this chapter but only if those general funds are derive…
O.C.G.A. § 36-44-23 Cumulative and supplemental powers
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The powers provided by this chapter are intended by the General Assembly to be cumulative and supplemental to any powers heretofore provided by law for counties, municipalities, and consolidated governments of this state and not in lieu of any such heretofore existing powers. His…
O.C.G.A. § 36-44-3 Definitions
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As used in this chapter, the term: (1) ‘‘Ad valorem property taxes’’ means all ad valorem property taxes levied by each political subdivision and each county and independent board of education consenting to the inclusion of that board of education’s property taxes as being applic…
O.C.G.A. § 36-44-5 Power of political subdivision
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(a) Subject to the limitation of subsection (b) of this Code section, a political subdivision may exercise any powers necessary or convenient to carry out the purposes of this chapter, including, but not limited to, the power to: (1) Describe the boundaries of one or more redevel…
O.C.G.A. § 36-44-6 Delegation of powers; limitations on delegation
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(a) Subject to the limitations of subsection (b) of this Code section, the local legislative body of a political subdivision, by resolution, may delegate any of its redevelopment powers to its redevelopment agency created or designated pursuant to Code Section 36-44-4. The local …
O.C.G.A. § 36-44-7 Approval of redevelopment plans
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(a) A redevelopment plan may be proposed by the redevelopment agency of a political subdivision, but such plan may not be implemented until it is approved by the adoption of a resolution of the local legislative body of the political subdivision as provided in this chapter. (b) W…
O.C.G.A. § 36-44-8 Creation and implementation of tax allocation districts
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In order to create and carry out the purposes of a tax allocation district, the following steps are required: (1) Preparation by the redevelopment agency of a redevelopment plan for the proposed tax allocation district and its submission for consent to the political subdivision o…
O.C.G.A. § 36-44-9 Computing tax allocation increments; property tax included; use of tax funds
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(a) When a tax allocation district is created within the area of operation of a municipality by the local legislative body of such municipality, property taxes for computing tax allocation increments shall be based on all ad valorem property taxes levied by the municipality. If t…