City of Sandy Springs Redevelopment Powers Act Referendum
What does this measure do?
Sandy Springs would gain the power to later create tax allocation districts, which use future property tax growth in an area to pay for redevelopment. This vote alone raises no taxes and approves no project; each future district would need its own public review and approval.
Read the official ballot measure
Proposed by: Georgia General Assembly (House Bill 1535, Rep. Deborah Silcox and others)
Rep. Silcox is a Sandy Springs Republican (House District 53). Co-sponsors Panitch, Holland and Roberts are Democrats from Sandy Springs and Atlanta.
Source: en.wikipedia.org
A YES vote means
The city could later set up these redevelopment districts, and each one would need its own approval.
A NO vote means
The city would not get this power, and the state law offering it would be cancelled.
No financial records found for this ballot measure.
Source: sandyspringsga.gov
Source: sandyspringsga.gov