To create the Paulding County Facilities and Technology Authority and to provide for
the appointment of members of the authority and the general purpose of the authority;
to define terms; 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, contract payments to the authority, and 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 Bill 772)
(2007 Ga. Laws, page 4370)
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