Received 5 March 2012 on Keep an eye on the Land Bank Authority. -jsq

There is no direct reference to a regional land bank authority. However, the bill [GA SB 284 -jsq] allows for “Intergovernmental contract” defined as “a contract as authorized pursuant to Article IX, Section III, Paragraph I of the Constitution of GA and paragraph (5) of Code Section 36-34-2 and entered into by counties, consolidated governments, and municipal corporations pursuant to this article.” Section 48-4-103 further lists that a land bank may be created by two or more counties, which spells regional to me. Therefore regional land bank authorities can be established if this bill is passed.

The bill also allows for public/private partnerships which co-mingle government and private enterprise. Under Section 48-4-106 which enumerates the powers of a land bank, Lines 307 – 315 state

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