Georgia Statutes
§ 36-42-17 — Assessments under Code Section 36-42-16; priority of liens regarding assessments for downtown development authorities
Georgia·Title 36
(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
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Georgia § 36-42-17 (Assessments under Code Section 36-42-16; priority of liens regarding assessments for downtown development authorities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by 2017 Ga. Laws 264,§ 1, eff. 7/1/2017. Added by 2015 Ga. Laws 210,§ 1, eff. 7/1/2015.