Ballot question: Amendment three explained - WALB.com, Albany News, Weather, Sports

Ballot question: Amendment three explained

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By Delivrine Registre - bio | email

October 29, 2008

ALBANY, GA (WALB) - One of three state constitutional amendments on the ballot is designed to improve infrastructure in under-developed areas.

Amendment three would allow the creation of Infrastructure Development Districts.

Governing bodies of those district could impose new fees and assessments in those areas to finance new roads, water and sewer lines, and other public structures needed for growth.

Local governments will still have to approve the creation of the districts. 

"Those people who are apart of that district have to agree to participate. 70 percent of them. If 70 percent agrees, they agree to tax themselves an additional amount in order to get the additional services," said Albany Assistant City Manager James Taylor.

Amendment three would allow the private developers building in these districts to sell tax exempt bonds that would be paid off by that district's taxes.

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