O.C.G.A.

O.C.G.A. § 36-80-11 (2019)

Notice of election for unbonded debt

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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The officers charged with levying taxes, contracting debts, and the like for the county, municipality, or political subdivision shall give notice, for a period of 30 days next preceding the day of the election, in the newspaper in which sheriff’s advertisements for the county are published, notifying the qualified voters that on the day named an election will be held to determine whether the debt desired or proposed to be incurred shall be incurred by the county, municipality, or political subdivision. The notice shall specify the amount of the debt to be incurred, the purposes for which it is to be incurred, the amount of the debt to be paid annually or at shorter periods, the terms of the contract under which the debt is to be incurred, and the wording of the ballots to be used in the election for or against incurring the debt.

History

Ga. L. 1904, p. 85, § 1; Civil Code 1910, § 463; Code 1933, § 87-601.

Annotations

JUDICIAL DECISIONS Sufficiency of compliance with requirement to specify terms of contract. - Notice specifying that the rate of interest shall be ‘‘not exceeding 6 percent per annum,’’ is not a compliance with the provisions of this section which requires

‘‘the terms of the contract under which the debt is to be incurred’’ to be set forth. City of Thomasville v. Thomasville Elec. Light & Gas Co., 122 Ga. 399, 50 S.E. 169 (1905).