.NDU5NA.NDU5NA

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September 27 , 1967 MEMORANDUM To: Mr. Collier Gladin From: R . Earl L nd rs Pardon my del y in · nswering your memor ndurn of Septemb r 13th. I think that recent statement by the Mayor, will nswer your question a to a possible bond is u in 1968 . As to the matter of seeking State legi · lation enabling us to is•u g neral obligation bonds without a ref io ndUJll, l offe,: th following confidential opinion: 1 think it would b mistake for such leghlation to be approved as Con titutional am ndment fol" Fulton County for the rea on that thi would put Fulton County in position to is ue g n r · 1 oblig tion bond contrary to our wi he and to the detriment of the citiz na inside the City of Atl nta, without those citizen · h ving n opportunity to approve auch n b w .• l refer p cific:ally to po . •ible 11ewer i ue, by Fulton County. W have diecuaaed many tim • th ct tit would b xtr m ly unfah:· for Fulton County to finance its portion of n ded c pital improv m nt in th f of ter pollution control by the i auanc of g · r 1 obligation bonda, 80% of which would b td by ·t he citi• ene of Atlanta, wh.U tho• me tlant& citi payln ~w .r s -:rvtc• chars; to pay th. City' for 1uch capital impi-ovem nt · • Under th · p.r ••nt aetup. Atl n cltiz-• n . would at l t hav th oppo~tunity to dbapprove th• l•s~nc of auc:h bonds. l think we ahow.d m ke very effort to def at W• Con Ututional amendm nt £or Fulton County, a-n if we asewn · tbi tton, uld hardly ·a t th• -.irn" aak f r such l• ialad.v approval for Ctty. EL:lp �