On Election Day, November 5, 2019, City of Richmond Hill citizens will have the chance to vote on whether or not the City should adopt Georgia’s Redevelopment Powers Law.
To help further explain what this means, the City of Richmond Hill will be holding an informational session on Tax Allocation Districts (TADs) and the redevelopment powers law referendum on Monday, October 14th at 6 p.m. at the Wetlands Center in J.F. Gregory Park. Officials will be able and willing to answer questions from the public concerning this upcoming special election.
Title 36 Chapter 44 of the 2018 O.C.G.A. defines the redevelopment powers law as:
“It is found and declared that economically and socially depressed areas exist within counties and municipalities of this state and that these areas contribute to or cause unemployment, limit the tax resources of counties and municipalities, and create a greater demand for governmental services and, in general, have a deleterious effect upon the public health, safety, morals, and welfare. It is, therefore, in the public interest that such areas be redeveloped to the maximum extent practicable to improve economic and social conditions therein in order to abate or eliminate such deleterious effects. To encourage such redevelopment, it is essential that the counties and municipalities of this state have additional powers to form a more effective partnership with private enterprise to overcome economic limitations that have previously impeded or prohibited redevelopment of such areas. It is the purpose of this chapter, therefore, to grant such additional powers to the counties and municipalities of this state, and it is the intention of the General Assembly that this chapter be liberally construed to carry out such purpose.”
At the October 1st Mayor and City Council meeting, Ken Bleakly from Bleakly Advisory Group, made a presentation about Redevelopment Powers Law and Tax Allocation Districts.
This presentation can be viewed starting at the beginning of this video: