§ 2-326. Definitions

(a) As used in this division, the term:

(1) Airport means:

a. Any area of land or water or any structure which is or has been used, or which the commission may plan to use, for the landing and taking off of commercial, private, and military aircraft, including helicopters; and all buildings, equipment, facilities, or other property and improvements of any kind or nature located within the bounds of any such land or water area or structure;

b. Facilities of any type for the accommodation of passengers, maintenance, servicing, and operation of aircraft, business offices and facilities of private businesses and governmental agencies, parking of automobiles, and all other activities which are or have been carried on or which may be necessary or convenient in conjunction with the landing and taking off of commercial, private, and military aircraft; and

c. All buildings, equipment, facilities, and other property and improvements of any kind or nature located outside the bounds of any such land or water area or structure which is or has been used or which the commission plans to use for the landing and taking off of commercial, private, and military aircraft which are necessary for the safe operation of aircraft, including without limitation, aviation easements and other real or personal property.

(2) Commission means the Middle Georgia Surface and Air Transportation Commission created by section 2-328

(3) Cost of the project means the cost of construction; the cost of all lands, properties, rights, easements, and franchises acquired; the cost of all machinery and equipment; financing charges, interest prior to and during construction and for one year after completion of construction; cost of engineering, architectural, fiscal, and legal expenses, costs of plans and specifications, and other expenses necessary or incident to determining the feasibility or practicability of the project; administrative expense; and such other expenses as may be necessary or incident to the financing authorized in this division, the construction of any project, and the placing of the same in operation. Any obligation or expense incurred for any of the foregoing purposes shall be regarded as a part of the cost of the project and may be paid or reimbursed as such out of the proceeds of revenue bonds issued under the provisions of this division for such project.

(4) Member county means Baldwin, Bibb, Bleckley, Crawford, Dodge, Houston, Jasper, Jones, Laurens, Monroe, Montgomery, Peach, Pulaski, Telfair, Toombs, Treutlen, Twiggs, Wheeler, Wilcox, and Wilkinson counties unless the governing authority of any such county has adopted a resolution, at any time, declaring that such county shall not be a member county under this division.

(5) Member municipality means the Cities of Abbeville, Alamo, Cochran, Dublin, Eastman, Forsyth, Fort Valley, Gray, Hawkinsville, Irwinton, Jeffersonville, Macon, McRae, Milledgeville, Monticello, Mount Vernon, Perry, Roberta, Soperton, and Vidalia unless the governing authority of such municipality has adopted a resolution, at any time, declaring that such municipality shall not be a member municipality under this division.

(6) Project means and includes the leasing, acquisition, construction, equipping, maintenance, improving, and operation of public airports and landing fields for the use of aircraft and surface transportation facilities and systems, related buildings and the usual and convenient facilities appertaining to such undertakings, and extensions and improvements of such facilities, acquiring the necessary property, both real and personal, and the lease and sale of any part or all of such facilities, including real and personal property, so as to assure the efficient and proper development, maintenance, and operation of such airports and landing fields for the use of aircraft and such surface transportation facilities and systems, deemed by the commission to be necessary, convenient, or desirable for the operation of such airports, landing fields, and surface transportation facilities and systems.

(7) Revenue bonds and bonds shall mean revenue bonds and certificates as defined and provided for in O.C.G.A. tit. 36, ch. 82, art. 3 (O.C.G.A. § 36-82-60 et seq.) known as the "Revenue Bond Law," and such type of obligations may be issued by the commission as authorized under said article. In addition, such terms shall also mean obligations of the commission the issuance of which are specifically provided for in this division.

(b) Any project shall be deemed "self-liquidating" if, in the judgment of the commission, the revenues and earnings to be derived by the commission therefrom will be sufficient to pay the cost of operating, maintaining, repairing, improving, and extending the project and to pay the principal and interest of the revenue bonds which may be issued for the cost of such project or projects.

(1990 Ga. Laws (Act No. 1177), page 5170, § 3)