Brookhaven, GA, April 11 – House Bill 1136, sponsored by Rep. Mike Jacobs (80), Rep. Scott Holcomb (81) and Rep. Mary Margaret Oliver (82) grants the City of Brookhaven permission to place a referendum question on the 2014 November General Election ballot.
Passing both the House and Senate during the last Legislative Session, HB 1136 is now on the Governor’s desk for his signature. Once the bill is signed, it will become law which allows for the referendum to be placed on the ballot.
If the referendum is approved by voters, the city will be able to set up a Redevelopment Authority and put the mechanism in place for financing redevelopment.
HB 1136 specifically gives the city the authority to “create tax allocation districts (TAD), issue tax allocation bonds, and incur other obligations.”
More than fifty percent of voters must approve the referendum or it will fail. If voters reject the measure, the city will not be permitted to create a Redevelopment Authority.
At a March City Council Work Session City Manager, Marie Garrett, suggested the city form a group to help support passing the referendum. Garrett said, “There will need to be an appointment and a creation of a committee on advocating for the referendum for purposes of the redevelopment law.”
HB 1136 gives the city permission to list the following “Yes” or “No” question on the November ballot:
“Shall the Act be approved which authorizes the City of Brookhaven to exercise all redevelopment powers allowed under the ‘Redevelopment Powers Law,’ as it may be amended from time to time?”
To read the entire bill, click here.