Fulton County Taxpayers to Legislators
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A Victory for the Taxpayers!
The Court has just ruled that there will be no further Development Authority bonding until the Fulton County Taxpayers Foundation case is settled.
During the past three years, over $5 billion in bonding has been issued by the Development Authority of Fulton County for such luxury developments as the St. Regis Buckhead Hotel, the Inter-Continental Buckhead Hotel, The Mansion of Buckhead, the Terminus of Buckhead, 3344 Peachtree in Buckhead, etc.
The Fulton County Taxpayers Foundation took legal action to void such bonding and to prevent future bonding of super-deluxe buildings in Fulton County.
This is a victory for the Taxpayers!
Letter to Legislators:
Dear Legislative Leaders,
In fairness to the taxpayers of Atlanta, Fulton County and the State of Georgia, I urge the General Assembly to amend the Development Authorities Law to include the following:
1. The deletion of OCGA Section 36-62-2(6)(N) in its entirety. This simple amendment would rectify a substantial portion of the existing and ongoing abuses of the Development Authorities Law.
2. Provide independent, professional oversight of the Development Authorities.
3. Require that each Development Authority employ its own attorney whose primary client should be the taxpayers.
4. Allow for public scrutiny.
5. Order a State investigation of the Development Authority of Fulton County and the City of Atlanta Development Authority.
Sincerely,
p.s. I have included my own comments below.
*A compiled petition with your individual comments will be presented to Legislators.
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