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HomeMy WebLinkAboutRESOLUTION NO 12 06 222STATE OF GEORGIA COUNTY OF FULTON RESOLUTION NO. 12-06-222 A RESOLUTION ESTABLISHING A PUBLIC BUILDING AND FACILITIES AUTHORITY FOR THE CITY OF MILTON, GEORGIA THE COUNCIL OF THE CITY OF MILTON HEREBY RESOLVES while in regular session on the 4th day of June, 2012 as follows: WHEREAS, pursuant to House Bill 809, signed into law by the governor on May 29, 2007,. provides for the creation of a Public Building and Facilities Authority for the City of Milton; and WHEREAS, it is in the interests of the citizens of the City of Milton to establish a Public Building and Facilities Authority to obtain favorable financing and funding for public facilities, land, buildings, equipment, roads, bridges, sidewalks, and services for the citizens of the City of Milton, in a manner exempt from taxation and at low interest rates; and WHEREAS, pursuant to House Bill 1154, signed into law by the governor on May 11, 2012, House Bill 809 was amended to permit the Mayor and the City Council to each appoint themselves to the Public Building and Facilities Authority. NOW, THEREFORE, BE IT RESOLVED BY THIS COUNCIL OF THE CITY OF MILTON, GEORGIA, as follows: 1. That a Public Building and Facilities Authority (hereinafter, "the Authority") shall be established to obtain favorable financing and funding for public facilities, land, buildings, equipment, roads, bridges, sidewalks, and services for the citizens of the City of Milton, in a manner exempt from taxation and at low interest rates. 2. The Authority shall have perpetual existence. 3. The Mayor of the City of Milton shall appoint Joe Lockwood to serve on the Authority. 4. The City Council Member for District One of the City of Milton shall appoint Karen Thurman to serve on the Authority. 5. The City Council Member for District Two of the City of Milton shall appoint Matt Kunz to serve on the Authority. Page 1 of 2 b. The City Council Member for District Three of the City of Milton shall appoint William Lusk to serve on the Authority. 7. The City Council Member for District Four of the City of Milton shall appoint Burt Hewitt to serve on the Authority. 8. The City Council Member for District Five of the City of Milton shall appoint Joe Longoria to serve on the Authority. 9. The City Council Member for District Six of the City of Milton shall appoint Lance Large to serve on the Authority. 10. The Authority may hold its meetings on any day when the Mayor and City Council are scheduled to meet. 11. The Authority shall hold its first meeting on Monday, June 18, 2012. At that time, the Authority shall approve its By -Laws, appoint officers, and conduct all other business deemed necessary by the Authority. RESOLVED this 4th day of June, 2012. Attest: 15?1�471 Su ie AM 6ordon, 6ty Clerk Page 2 of 2 Approved: 0"XX Joe Lockwo"Mayor