O.C.G.A.

O.C.G.A. § 8-4-10 (2019)

Financial aid from federal government; security for aid

✓ 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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An authority may borrow money or accept contributions from the federal government to assist in its undertakings and redevelopment projects. An authority may do any and all things necessary or desirable to secure such financial aid (including obligating itself, in any contract with the federal government for financial assistance, to convey to the federal government the project to which said contract relates upon the occurrence of a substantial default thereunder), in the same manner as though it were securing such aid in connection with slum clearance and housing projects under Article 1 of Chapter 3 of this title, the “Housing Authorities Law.”

History

Ga. L. 1946, p. 157, § 9; Ga. L. 1951, p. 683, § 4.

Annotations

Cross references. Programs for relocation of persons and

businesses displaced by federal-aid public works projects, § 22-4-1 et seq.

RESEARCH REFERENCES Am. Jur. 2d. 40A Am. Jur. 2d, Housing Laws and Urban Redevelopment, § 13 et seq.