06 LC
35 0034
House
Bill 1207
By:
Representative Powell of the
29th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend the "City of Hartwell Recreation Authority Act," approved April 4, 1996
(Ga. L. 1996, p. 3998), so as to authorize the Hartwell Recreation Authority to
lease, sell, transfer, or otherwise dispose of real or tangible personal
property owned by the authority; to provide for the disposition of proceeds
resulting from the transfer of ownership interests of such property; to provide
for related matters; to provide an effective date; to repeal conflicting laws;
and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
The
"City of Hartwell Recreation Authority Act," approved April 4, 1996 (Ga. L.
1996, p. 3998), is amended by adding immediately after Section 4 a new Section
4A to read as follows:
∀SECTION
4A.
Power to dispose of real and tangible personal property.
Power to dispose of real and tangible personal property.
(a)
The authority shall have the power to sell, transfer, exchange, lease, and
otherwise dispose of all or any part or parcel of real or tangible personal
property owned or hereafter acquired by the authority. Disposition of such
property may be by public or private sale and upon such terms and conditions as
the authority shall determine appropriate.
(b)
The proceeds from any sale, transfer, exchange, lease, or other disposition of
real or tangible personal property may be:
(1)
Held by the authority and invested in the same manner as funds of the City of
Hartwell are authorized to be invested;
(2)
Expended for and in furtherance of the
authoritýs
corporate, administrative, or public purposes as set forth in this Act,
including projects involving the promotion of recreational activities, tourism,
and economic development within the City of Hartwell and Hart County, Georgia;
or
(3)
Transferred, permanently or temporarily, to the City of Hartwell for its use in
the furtherance of the
citýs
public and corporate purposes.
(c)
The powers provided by this section are cumulative and in addition to other
powers of the authority which may reasonably be inferred from the provisions of
this Act, the enabling Act, or any other law. This section shall be liberally
construed to effect the described purposes, and, in interpreting this section,
the courts shall not apply
'Dillońs
Rule.'∀
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.