A political subdivision may enter into any contract relating to the exercise of its redevelopment powers under this chapter with any private persons, firms, corporations, or business entities for any period not exceeding 30 years. Such contracts may include, without being limited to, contracts to convey or otherwise obligate real property for redevelopment under this chapter although that property has not yet been acquired at the time of contracting by the county or municipality.
History. Code 1981, § 36-44-19 , enacted by Ga. L. 2009, p. 158, § 2/HB 63.
Structure Georgia Code
Chapter 44 - Redevelopment Powers
§ 36-44-2. Legislative Findings and Purpose
§ 36-44-4. Local Legislative Bodies Serving as Redevelopment Agency; Common Redevelopment Agency
§ 36-44-5. Power of Political Subdivision
§ 36-44-6. Delegation of Powers; Limitations on Delegation
§ 36-44-7. Approval of Redevelopment Plans
§ 36-44-8. Creation and Implementation of Tax Allocation Districts
§ 36-44-9. Computing Tax Allocation Increments; Property Tax Included; Use of Tax Funds
§ 36-44-10. Determination of Tax Allocation Increment Base of Tax Allocation District; Annual Notice
§ 36-44-11. Positive Tax Allocation Increments
§ 36-44-12. Termination of Tax Allocation Districts
§ 36-44-13. Payment of Redevelopment Costs
§ 36-44-15. Determining Tax Millage Rate; No Freeze to Ad Valorem Tax Millage
§ 36-44-16. Loans for Financing Redevelopment Costs
§ 36-44-17. Limitation on Creation of Tax Allocation District
§ 36-44-18. Application of Urban Redevelopment Law
§ 36-44-19. Contracting With Private Individuals or Entities
§ 36-44-20. Requirement of Insufficiency
§ 36-44-22. Approval of Local Law; Expansion of Authorities by Localities Prohibited