10 SB
449/AP
Senate
Bill 449
By:
Senators Davis of the 22nd and Powell of the 23rd
AS
PASSED
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Article 7 of Chapter 3 of Title 12 of the Official Code of Georgia
Annotated, relating to public authorities, so as to repeal provisions relating
to the Georgia Golf Hall of Fame Authority; to amend Article 1 of Chapter 7 of
Title 50 of the Official Code of Georgia Annotated, relating to general
provisions relative to the Department of Economic Development, so as to provide
for the disposition of the assets of the Georgia Golf Hall of Fame; to amend
Article 4 of Chapter 12 of Title 50, relating to halls of fame, so as to repeal
provisions relating to the Georgia Golf Hall of Fame; to provide for
authorization to sell real property owned or controlled by the Georgia Golf Hall
of Fame; to provide an effective date; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Article
7 of Chapter 3 of Title 12 of the Official Code of Georgia Annotated, relating
to public authorities, is amended by repealing in its entirety Part 13, relating
to the Georgia Golf Hall of Fame Authority.
SECTION
2.
Article
1 of Chapter 7 of Title 50 of the Official Code of Georgia Annotated, relating
to general provisions relative to the Department of Economic Development, is
amended by adding a new Code section to read as follows:
"50-7-18.
The
department shall receive all assets, excluding all real property and statues, of
the Georgia Golf Hall of Fame Authority and the Georgia Golf Hall of Fame Board.
The department shall be responsible for any contracts, leases, agreements, or
other obligations of such board and authority. The department is substituted as
a party to any contract, agreement, lease, or other obligation and is
responsible for performance as if it had been the original party and is entitled
to all benefits and rights of enforcement by any other parties to such
contracts, agreements, leases, or other obligations. The statues owned or
controlled by the Georgia Golf Hall of Fame shall be transferred by the
department no later than January 1, 2011, to Augusta, Georgia, for public use by
the Augusta-Richmond County
Commission."
SECTION
3.
Article
4 of Chapter 12 of Title 50, relating to halls of fame, is amended by repealing
and reserving Part 2, relating to the Georgia Golf Hall of Fame.
SECTION
4.
The
state, acting by and through its State Properties Commission, shall be
authorized to sell by competitive bid all real property owned or controlled by
the Georgia Golf Hall of Fame or its authority or board for a consideration of
not less than the fair market value as determined by the State Properties
Commission and not less than the amount of the outstanding bond indebtedness
associated with the Georgia Golf Hall of Fame. Such sale shall be as provided
in Code Section 50-16-39. Such authorization shall expire three years after the
effective date of this Act.
SECTION
5.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
6.
All
laws and parts of laws in conflict with this Act are repealed.