§ 2-64. Revenue bonds for off-street parking


Latest version.
  • Article IX, section VIII, paragraph 1 of the Constitution, relating to the issuance of revenue bonds, be and the same is hereby amended by adding at the end thereof the following:

    "The City of Atlanta shall have power and authority to issue and sell revenue bonds subject to and in accordance with the terms and provisions of the Act of the General Assembly approved March 31, 1937, known as the `Revenue Bond Law of 1937,' [O.C.G.A. § 36-82-60 et seq.] as amended and as the same may be hereafter amended, to provide funds for the purchase of lands and the construction and establishment thereon of off-street vehicle parking lots, parking structures, parking buildings, parking garages, and parking facilities; provided, however, that such parking lots, parking structures, parking buildings, parking garages, and parking facilities shall be contiguous to, adjacent to, related to or incidental to municipally owned buildings or structures. Said city shall have power and authority to equip, maintain, and operate such parking lots, parking structures, parking buildings, parking garages, and parking facilities."

(1980 Ga. Laws, page 2112, § 1)

refeditor

The above local constitutional amendment to Ga. Const. (1976) was continued in effect by 1986 Ga. Laws, page 4830.