Bonds may be issued for sewage disposal purposes and if issued shall be authorized
in all respects as provided by article VII, section VII, paragraph I, of the constitution
at an election called and held by the governing authority or body charged with the
duty of managing the fiscal affairs of Cobb County, and only those voting in such
district shall participate in such election held for that purpose. Bonds may be issued
for any district in an amount up to ten percent of the assessed valuation of property
located in such district, subject to taxation for bond purposes. In the event bonds
are issued by the county for a specific district, a tax may be levied in such district
unlimited as to rate or amount. The homestead exemption created by article VII, section
I, paragraph IV, of the constitution and the statutes enacted pursuant thereto shall
not be granted and shall not apply to the levy of such taxes.
(1955 Ga. Laws (Act No. 128), page 2441, § 6)
var val = document.getElementById('citecontent').innerHTML;
art.dialog.defaults.title = window.location.href;
art.dialog.data('cite', val);
art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');
