08 LC 25
5129
Senate
Bill 431
By:
Senators Tarver of the 22nd and Powell of the 23rd
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Part 13 of Article 7 of Chapter 3 of Title 12 of the Official Code of
Georgia Annotated, relating to the Georgia Golf Hall of Fame Authority, so as to
provide for rights of first refusal to repurchase certain property acquired for
purposes of the Georgia Golf Hall of Fame; to repeal conflicting laws; and for
other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Part
13 of Article 7 of Chapter 3 of Title 12 of the Official Code of Georgia
Annotated, relating to the Georgia Golf Hall of Fame Authority, is amended by
adding a new Code section to read as follows:
"12-3-585.1.
Neither
the authority, the state, nor the Georgia Golf Hall of Fame Board created under
Part 2 of Article 4 of Chapter 12 of Title 50 shall sell, give, loan, lease,
rent, or transfer any interest in real property acquired for purposes of the
Georgia Golf Hall of Fame to any other entity or person, public or private,
without first offering such property, together with any improvements thereon,
for sale to the prior grantor or his or her heirs or assigns at the price paid
for such property by the governmental grantee plus interest at the rate of
3 percent per year since the date of the prior grant. Any such offer to
the prior grantor or his or her heirs or assigns shall be made in writing and
shall provide a period of not less than six months to complete the purchase.
Any transfer of property in violation of this Code section shall be without
legal effect."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.