Georgia Code
Part 3 - Georgia Education Authority (Schools)
§ 20-2-577. Fixing Rentals, Installment Payments, and Charges for Use of Projects

The authority is authorized to fix rentals, installment payments of purchase price, and other charges which the various county boards of education, city boards of education, or governing bodies of independent districts or systems shall pay to the authority for the use or purchase of each project or part thereof or combination of projects, to charge and collect them, and to lease or sell and make contracts with the various county, city, or independent school districts or systems for the use or purchase by any county, city, or independent school districts or systems of any project or part thereof. Such rentals, installment payments of purchase price, and other charges shall be so fixed and adjusted in relation to their total amount from the project or projects for which a single issue of revenue bonds is issued so as to provide a fund sufficient with other revenues of such project or projects, if any, to pay:
History. Ga. L. 1951, p. 241, § 27; Ga. L. 2010, p. 1001, § 15/HB 936.

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