Atlanta Approves Bonds for Beltline

On Monday, the Atlanta City Council approved $117 million in bonds for the Beltline.  In 2006, Atlanta approved $200 million in bonds for the Beltline, which was ruled unconstitutional by the Georgia Supreme Court because school property tax revenues were being spent on redevelopment projects like the Beltline.  These newly approved bonds will only be based upon city and county tax revenues, not school property taxes.

DeKalb residents are both for and against the project.

Here is a copy of the Georgia Supreme Court opinion invalidating the 2006 bond.

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