Box 21, Folder 5, Document 30

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BE IT ENACTED BY THE GENERAL ASSEMBLY OF

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Section l. An Act known as the Me tropolitan Atlanta Ra

ra

vic

'

TPransit Authority Act of 1965, approved March 10, 1965 (Ga. Laws
i965, p. 2425), as amended, particularly by an Act approved March 4
£ i *3
=A tem = » 7 7 ath > fs. Sr hari as 7 4 geist 2 i . —_
aYou (ud, Laws Noo, De J2o-1), is furiner amended bY SLPiaiils therefrom

hae be eke eit the ah et 5 Steps $e by ae aman tt ot ' aden Sen TH te ee fa
BUM awe ron (i) ol Section 2 1n its entis vey ehh Laser bia iil licu thercol

” 44

+ , ghey 8 ieee eae LY Walt aaarl ae TAT a
oo GOW subsection (jy ¥ vVhich snail rcad as iollows:

'(j) Cost of Rapid Transit System or Project, According

GCsish, linance, acquire,
*

oImMmponent parts of



Sit 7 project tO & Normal

5 +45 A SAE TA e Pos Saas meme 64:8 eves ay Ta esi SA
DELTATING OF TEVENUG=HrGcucing COMaALLLON, Inmcsucing The

apitalivation or CMPERSECS, Cltecu OF LCLTeet, Baia oF in}

= te sy Yaa WAT = 4b ose as t =
i

= or
bPaeLTeEwiia, VW deed intending TO a2TTie

wd, = 7 *
ses Watch lay be capitalized as



vill accrue on obligations issued by the Authority to



hts =. wien th & apo RARE pase dP tekeet een ae
2 tne Constr wction 2 any 2epic transit system £
project d wring the construction period and for six (3)
-, . 2

racnths thereafter anc all start-up costs incurred in

a as de ne weanwmatsas if
L FO}. rarey Oysee e&tion,.



. *
macing such system or
Canela 2? Saic i. ee er 1d a b SUT Lcd Hhay arom
WwEeCwOln 4, Q1Q £.CU 25 UT ener aimcnueca VY stPiniwy teacre.lormn
* > m

7 - psye c ef ac f= rae, Spt te ee A ted oo tea a eee sre
subscetion (i)(2) of Section 6 in its entirety and inserting in iicu thereot

anew subsecztion (i)(Z) waich shall read as follows:






3 71. antum ine Bet was Toewak at oe eS cds
(«) The purchase or lease of any privately owned

Bs



ment of a showing pacha ky Reker atk Ek ae an | pe ee oe
eR BhOw is system Ol transportation of passengers for hire in its



13 2 rrVvaTtely med

of a privately owned or as contemplated
Transporration system

Son Dn 1 -

is essential to the ee ee eT t

: mao in section S(c) or S(d). et



~ rTRAoane = J] 4 _ aaa = an aed asec ls wats -
metnoas, and the improvement and utlilzation of

tation services and facilities, and any other means of de-

Ve.onlng, Lillizing = imp POVINE mess Uransportacion aaa
ss“Hac Aras AG * bbe, ain
ia Wels odletat, wee, 244 ULs
“ i + = ya a
to delete a provision
subjecting said type en ew Toned a] ana
jJeciing sai Gasenecring, -2neancias ane





Taanher upon any lands, Warers OF Premises ior The purpose

ae 4a Seth BAe emma ha Sire a aaa Nt x aa ttitewe oc ana "
of Taking Peasonac.e surveys, souncings, al WLIngs ana ex-
: . - . . cA tu j .
BMUGATIONS and such GNtrics sNail Nar oe deemed a trespass
+



ang’ Kaw Bansal Rai ig eps pe keer eh Pee eye axes be
7 seaquc a. Galages resulting Irom such enirics.

4 . - 4,
=a ast

mint at ode . sae Tas “| Jaap Stes ]e 5 = ~
Said Act is further amended by striking thereirom

ioe ae, yeni es 9 Fan te arate a etek celina
& in its entircty and inserting in lieu thereor a



subsection
= eee ete TA) ate a+ bey =] easel ae “allows
Mew SubsccCtion (1) whicn snail Teac as .0L.0WS?
ies a4 i oe oa iba ie py PPA yeaa eR S25. ws a Ret
i) The power to enter imio contracts with the otate

ry ~ eee ee Aree laa = ey? naa oe
aqany agency, imstt umentalty, auenoriry;




tn the local governments

20T public trans)

(ti aaske oan ee ag
fe ULNOr Ley OF

ee aelsie SYSecinl, ANC lor any oiner

indicate whicl

tO TAS @stadlishnment

“nat of funds to sul

and

| =)

(c}) which shall

WUBsLC NeCarin
z =

anc the scope and standards

wiG S.ULNOriLy, THe schedule

ben }}. Pietat® ela ae
Selait LIT St Old a2

St, Selicak tein oA edie Shas Re cho
AMCLTOpostan areca nov

LO all OULeCT Miaiters,

as it may dcem appro)










public hearings, it may prescribe reasonable
rules and yvegulations to govern such hearings not

inconsistent with this Act."

Section 0. Said Act is further amended by striking thercirora
subsection (4) of Section 10 in its entirety and inserting in licu thercof

anew subsection (cd) whi

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"id) The bonds of each issue shall be dated, shall

aves, and shall mature in such amounts and at

eso Fis e eat rraaenind @#n"* i aope + ; =}
such times not exceeding forty (40) years from th

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e in coupon or registered from, or both,

as the Board may determine, and the Board may

vu oe
q@
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a
bal
ph.
fu

nterest at

:
@ Tate not exceeding yoake provision for the registration of any coupon bond

25 lo principas alone anc ais as TO SOT principal an

= a4 a a le aig oe r tee et :, 4300 ee bee aes) AEA
ery ponds, equipimens: trust ceriiiicarvces ana ores

to provice that all

obligations issued by obligations issued under the provisions of this Act shal.

said Authority shal

have the qualities have all the qualities and incidents of negotiable instruments
and incidents. of

negotiable under the laws of this state and are hereby declared to

Ho

Srna eT te 1 aa “ a awry hi enic
LOL an essenvia. Dublic aha GOVernmichia.s. purpose,

%, 14 4

aac the property, obligations and interest on the obligations






wipers } Cased Art Se teaaetancae a445 j | } eaag Dear 1
Section $8, Said Act is further amended by str liking theretrora



inserting in lieu thercoi

ye eaePhertdtine: PN ag heey eked? <tea a =o FATT de ws
a2 NEW sussection (da) which shal, read as icoilows:

y

hi. Wawa eo ‘hen AN oat oe Pa ee ng at mint i 1 E ay. fi — 1.7 °
(h) Bonds of the Authority may be sold by public

Sara se padtar ~Aatveage aw thearak Henin Hera as, Seon ait
COMpclliive bidding Gor tTarouga he gotiation Wii @

. <

rp
yA oad

cf Bar = fe maa ee ae ew ie ge =f —_— Se ay a Te 44 oo] ee |
prospecuive purchaser or purchasers, li tne board



a + ee y= ae 5+ gala | shire cormmneaimeayne Kiading ie
ae Terin ues at sale WY DUbLIC COL iE CullLive piadi Lo 1S
to delete the require-
ment that be is x aa ee ee eee nafs oak, Kine dls tn ed, #47 oft den 4s
ment that bonds be in the best interest of the Authority with respect to
sold at public

LOT pe ru re iddi a 4 + yee, ky aa ft 2 an wit fs, 7 4 z a ee aia are
competitive bidding aay purticulur issuc of bonds, the advertising of the

nase. at es te Sarl Sarthe ie, ties A al ene
mOUCe OF SalG and INVILaALlONn LO 61a Wit



4

7

| as euraetie =o 90 ae cee ie, acy dh em Zz Eta me Py uate EE te dk
snall be advertised as is customarily done in the handling

oC oo» “a = 7 IK = & ea a ae so ms 1 /% oe ah =
of governmental bond issues and section 14(b) as to these





oe a ee Sa YY oe ates 7
SUYVGECwo. (o) GO. SeerGon 4U

if wWadke arate Pet og hale! eee TE oan oh) gt en Pipe | Arty ee
&@ MEW subscCtion \py Wallck scl. PeaG as slows.

tif. Range nt eee Aa-thaei= Aas tT ta, Se oe oA el
“‘{D) SOnds G2. 126 2A.ULAOr eV SMasl oe COMI T1eda dia



Vesicdervec, imsolar as appsicesic, in



to Clariiy the pro-

o - & 7
CBU Lod te Valligia=.' bet ew Sia ken 1 oe tt oe? ia - wid yg
™ is MCTLLION TOF ValliGation Sfiaal also maxe parry

tion of revenue bonds

7 diy Pele, ge ey ea aeanes aot ereees Pee wien 4 andl ets
VO suc action any MUN ipacivy, Counry, GULNGLILY,



con eae wee es nthe gtetn ~ foamed, Wikidity Sega, lee te dem BE a a ee RS gS as a
SUvdLVIsSloOnA, LS tr Uilentasiey Or GQCcpariumcne. Os The ocate



ot Georgia,



: =+ A aa + e= oe = —
WiLl Tne AULnOorivy ior

an tie ty oe bs le avn “A Ha teenead and eaudh? fn
g2Gj)ect Tor wWAicA ponds ale .O oc Lssuecd and SOUS tO

Sie Dette gt nol cya abee Te acon at Be Bane Na des a eaaah x
de Validated and such municipality, county, @



We feet Ran ee gens h ate racatapeg Tadens a ae gatas se Toast Pht
SUBULVIiSION, Imstrumeniality orc nent shail be






a huw

to limit the sources
from which reloca-
tion payments may

be made

required to show cause, why such contract

if any,
and the

should not be inquired into by the

Validity of the terms thereof to be determined and

wic contract or contracts

for the payment of any such bonds of the Authority.

The judgment of validation shall be final

clusive with respect to such bonds, and the security

therefor, against the Authority, and against any

mentality or department of the State of Georgia, iia
party to the validation proceedings, contracting with

wer Neda Waee

oa fw , 4 a % mi
PBeELPENG 2M seek eee ewe

sty shail have the powe

re

or with respect to such persons. The relocation pay-
ments referred to in this subsection (b) shail not be

by the Authority nor trom revenues or

che Mmaxking
1 Yor the tmavimen F bonds oi the Authority
stand aS a plcadve Lor the pay mient of bvonas O17 The Auinmoriry

or the interest thercon.!








expand

time within which , ..

t of obligations
not be voidable
validation

the perioa

aid Act is farther amended by strikiny the
subsection (c) of Section 15 in its entircty and inserting in lieu

anew subsection (c) which shall read as follows:
"(c) Any contract or transaction of the Authority in-

VolViT de Gide of tabeaweak aol diselaged dace atte

section (a) hereof, or a violation of the act of the Gener

he
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refrom

thercol

applicable to the Authority, its Board members, officers,

ble by the Board; provided, however, a judgment and
order validating bonds of the Authority, as in Section 10

provided, shall constitute a final anc conclusive adjudication

that no such conflict of interest exists with respect to such

voncs or any contra or transaction which constitutes

ee es Gay A abode, Sea ees tee eee! Tac od eee re ol og a a,
Section 12. Said. Actis further amended by striking thereirom

b) of Section 17 in its entirety and inser

as iollows:

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A.

on 4eTy = a im of SS }
annval operating budget for the ensuing fiscal year and

+S

hold a public hearing thercon. Aiter such public heavin
the Board shall review its proposed budget, and, on or

idgets shall be pro-

sed and reviewed : : é Fan gd

annual operating budget for the ensuing Miscal year. In
t

the annual operating budget cach operating luna snait be

ih
C

ct
th

balance to be available at the beginning of the year, an

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to source, an estimate of anticipa

= fs

estimate of anticipated credits during the year according

ges, including

irom anticipated revenues, and comparative data on the

last two completed fiscal years and similar data, actual

=

ry estimated, for the current year."

Section 13, Said Act is further amended by striking therefrom

Section 15 which reads as follows:

WSection 18, Engineering Survey. Atleast every three

=~ f

I

years, the Board s hall employ a firm of qualified in-

dependent engineers to survey the condition of the
to delete the require-

ment of an engineer-Authority's facilities and operations from an engineering

ing survey every

three years stanapoint anc make a report thereoi and eny recor mime»naa
tions tor iraprovement i in its physica. facilities and
opetatul procecures,. Copies OF SUCI Teporit siialsi CC
LUTEIShMed tO Gach ~ocal geVverning pouy Of ecacn local
tr wea a = 3 Ae ey Assn ti
government 3 2 tal @ Metropoiitan aree.
Im Is estirety.
ee oe Said Act is Sorther amended by strikine theretiron
wtCriol -s. ald #2Ce 15: LUTtner amcniadeua 5 Ste iking ehh ae os

i = fit.) £ a 9) Se tee Ate tye a taco rt ;
subsection (b) of Section 21 in its entirety and inserting in

9 - ee he * tls
New sulbacctien fis) which shall L

UL) he Authority shall also be cxerapl frum any regulation
to clarify the relation
of the Authority to py the Public Service Commission of this State."
the Public Bact
Commission Section 15. Said Act is further amended by striking therefrom

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which shail read as Zollows:

me
mk

shall note

d inserting in lieu thereof a new Section 22

oy governmental immunity from tort Hability,
tO permit the
Authority to act as
a self-insurer

=

Section

but shall be li 1erefor as any private corporation

except that no piddegie shall be levied on any property

of the Authority prior to ninety (90) days from the date

o final judgn against the Authority. The Authority

shall provide for adequate insurance or similar protection
ainst any loss, liability or other risk, hazard or

responsibility to which it may be exposed or which it

nt of its property, personnel, or

Such insurance may be provided t

manner and amounts

24 in its entirety and insertin: €0l anew Section 2+

ss 4 + 14 .
WHICH smal. c ‘ zol LOWS:

to modify the pro-
cedures whereby
local governments
and other public
bodies may partici-
pate in financing
and supporting a
rapid transit
system

SOVEDIETLOGNe Participation, (a) sm ro-

eM ete Mate see A gooey oe Me tte dpe, he eee YS ter ss
Visi0n lor @ rapic translit SYStCIN Within tne Mc rroepo.ivan
~

: . . > »
area is declared for the purposes of this Act

*

governmental function and a pu pur] co of Atlanta

and the counties of Fulton, DeKalb, Clayton and Gwinnett, and

of the county of Cobb if it hereafter determines to participate
in tie Authority as ; ided in this Act.

(os) The Board and

Atlanta and each of the counties of

and Gwinnett,

1ority as provided

=-k5.4 A de
inf Tis 4.C+e,

aiter in this section set forth, may negotiate






* 1

and determine the extent of financial participation
and the time or times such Linancial participation may

be required with respect to each of the local governments

tality of the Authority. If such
determination contemplates a contractual obligation on the

part of a local government to make payments to the Authority

ll take the form ofa bapac transit

fn
+

etermination sh
contract to be en
the local government. The final execution of a rapid
transit contract shall be completed .in every instance
in the manner hercinafier sct forth in this Section 24.

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1 at etnntthn id & Ba ade dearent = pag tes pth ete ias, bata fate ce: items ete eden
GCetverminegda SY its 16Ca. GOVErning JOGY lO ve tbs PYrOpecr sate

# oe ‘ a 20 . i
OL The Coste oi financing a apie transie projece or projeces,
ta

+ ; x
&@ .OCal povernmens: may i the manner prescr ibed by law and

aay Se ee «| Js de = a= 1, = sy -

sub ECT LO The conditions and limitations prescricca by -aw,

= cea ate = 1 Ins aes + = as el = a = = sa =a c

issue its ceneral obligation ooncs, pay over the proceccs

=} af ¢5. +1 etl $ ty el may] ae 5 toy San a

vhereor to the Authority anc tneresy complete anu Mmaxe tinal

the execution of the proposed rapic transit convract anticipated

b anThorigati J tt 2a) irs nd the sapeq 2]

by such bond authorization and issuance and the Authority shail
fen al aot Sar ata ern Tae eek ol a ty:

agree in sucA contract to periorm ior sucn local government

Te Hey Ae ee 5 per] 2 nant A wi es ate at oe ee = Fhe 2 al 42}5 _ eee

Ae aroresaia governmental function ana to provide the necessary

transportation services and facilities.

45 a ax wa Tides og 7
) As aa alternative method of . providi ne the financial par ticipa

by its local governing body to be its proper snare

- 10-




olf the cost of financing transit project or projects, a
sade == aha ae ae ee a «
into a Yapla transit contract or

the Authority to perform for it the aforesaid

vovernmental function andc ng it to mak: ‘criodic payments

to the Authority for the public transportation services

ay rapid transit project or z

m connection with the

any operational

1 its own

bac GAGCULLON OL

CONITaACT SUCH 2615 Cescrivzea Cerverimines

te a te Rs

bse linancial

week

the levy of any new
|e

road ly piberahered) Avaddiane aha:

oi the local governing |

without the levy of

(<) Otherwi
| 7m ribed in subs “ion {
cescribed in subsection i"

an election and shall submit








government in a referendum as hereinafter provided,

ion whether or not the local government should enter

transit contract or contracts calling for it to make

limitation or ltr

governing body

e published in a newspaper having general

circulation throughout the territory of the local government

ih 5 = =

involved, once each,week for three weeks immediately precedi

whe week during which the referendum is to be held
f that on the day named therein
rmiine the question whether or not the local

governmen into a rapid transit contract or contracts

4 = ay Sod

IMcCHhes tO tre sHULROrity Witnin

aaa Sasa hy Shag eda ys ai Wasnt are

aa dthal ced y si itateon oF Hmitations PEG GVscG

£5 within the

a

such county which is witain

City of Atlanta it, with respect to

project or projects to be supported
ract of such county, said City

. AAG

Ne edad

voevernment and seat








forth on the ballot shall be determined by the local
governing body and it shall set out the monetary limitation

y limitations, if any, proposed by the local governing

Yo4il Sy 2 Ys pror GC yu a1 Governing
body with respect to the amounts of the periodic payments
to be made under any such rapid transit contract or contracts.
The ballot subniitting the question shall be in a form determined
by the local governing body, and the form of the ballot shail

+1.

the aloresaid notice. Hach such

Fi

be published as a parto
election called by the governing body of a county within the
metropolitan area under the provisions of this subsection

is hereby declared to be a county election and shall be

governed by anc conducted in accordance with the provisions

Hy,

or the Georgia Election Code. The board of re

=

each county shall provide the necessary lists for conductin

a Te ps] The a = Te age ee a be ep aes —n
2 GL WLI 1s count Af er COnso.icartion,

‘ oy a SG ‘ - = 42, ane wh etch in
wee OPGIMEGTY sileil 2aTiSIMIE Ene TeUNPEsS Gf, 518 an electivun

an

GUtLhOTILY Caliumnag the election, Gr its
7 = 3

4 i See tig Te “| lan Gat = +5 [4 = 7+
who shall Orliciawy deciare the Tesule, Bach

G

election called by the governing body of the City of Atlanta

under the provisions of this subsection shall be governed by
and conducted in accordance with the provisions of law,
including specifically the charter of said City, at the time
1olding of elections by said City. The expense
of any such election called by the governing body of the City
4 om an 1 = 7

<2 ee 7
OL AtleaTita Sail OS

paid by the City of Atlanta,

ioe






+

shall be authorized to agrec upon and
che execution of a rapid transit
contract or contracts subject to such monetary limitation
+ limivations as were proposed to the e
mis of this Act,
aA local

pO

the election of another
espect to any additional
ietermined to be necessary.

New!

contract shall constitute

2 : 4 “
21 aen0n on the I the local gov

VOLCO ivs GOOU 1ails

with z

ment may use public funds to provide for

ry to fulfill the obligations i tYansit

contracts with the Authority;

sucal county government snz ave the power to levy any tax

taxation situated within the

a eae * Le) =
of the City of Atlanta in fulfillment of financial oblig

ee

of 7 F ; + a kak dae
rapid transit contract when City of Atlanta sas a




rapid calling for said
City to issue on bonds for rapid transit
purposes or to pay mo peri ally with respect to the

by the Authority, and is it-

ervice on obligations

or levying a tax for

ity oF county within the metropolitan 1area

acilities, or

to the Authority any property or

vender any services, with or without consideration, which

COnLTact

eVYseuwell, GF am
? ‘

Fs aie se na aay el
a ke beet heed

GE

to renumber

3tlon ot this armen




public items show