2018 Georgia Code
Title 36 - Local Government
Provisions Applicable to Municipal Corporations Only
Chapter 42 - Downtown Development Authorities
§ 36-42-17. Assessments under Code Section 36-42-16; priority of liens regarding assessments for downtown development authorities
(a) An assessment under Code Section 36-42-16 that relates to any project described in subparagraph (B) of paragraph (6) of Code Section 36-42-3 shall be levied and may be collected when:
(1) A written contract regarding such assessment is executed by the property owner, the authority, and the project administrator;
(2) Such contract is administratively acknowledged by the relevant local jurisdiction with the taxing authority; and
(3) A notice of assessment is recorded in the property records of the relevant local jurisdiction.
(b) A lien for any assessment under Code Section 36-42-16 that relates to any project under subparagraph (B) of paragraph (6) of Code Section 36-42-3 shall have the same priority as municipal liens under paragraph (4) of subsection (b) and subparagraph (g)(2)(B) of Code Section 48-2-56.
