Board Established by: City
The corporation is a voluntary association of individuals formed by the ADA, the purposes of which, as set forth in the articles of incorporation, are exclusively charitable within the meaning of section 501(c)(3) of the Internal Revenue Code, and are intended to alleviate the burdens on and otherwise serve to advance the purposes of a governmental or public corporation. The corporation was organized, and at all times shall be operated, exclusively for the benefit of, to perform the functions of, or to carry out the purposes of ADA, acting solely in the capacity as "redevelopment agency" (as defined in the below described Redevelopment Powers Law) for the City of Atlanta (the "City"), with respect to the City of Atlanta Tax Allocation District Number Six - BeltLine (the "BeltLine TAD"); including, without limitation, the administrative, development and/or redevelopment activities with respect to the herein described BeltLine TAD, as and to the extent contemplated in the Atlanta BeltLine TAD Redevelopment Plan (the "Redevelopment Plan") adopted by the City Council of the City on November 7, 2005 pursuant to Ordinance 05-0-1733 (the "BeltLine Ordinance"), as approved by the Mayor of the City on November 9, 2005, and as authorized in O.C.G.A. 5 36-44-1, et seq. (the "Redevelopment Powers Law"), as such Redevelopment Plan and Redevelopment Powers Law may be amended from time to time. Atlanta BeltLine, Inc. was organized under the laws of the State of Georgia as of July 12, 2006. The bylaws were adopted by resolution of the Board of Directors of the corporation, and became effective, as of July 12, 2006.
||Patrise M. Perkins-Hooker, Esq.
Vice President and General Counsel
Atlanta BeltLine, Inc.
86 Pryor Street, S.W.
Atlanta, GA 30303
FULL BOARD DESCRIPTION
ADA (ATLANTA DEVELOPMENT AUTHORITY)
ATLANTA BELTLINE PRESENTATION TO ATL CITY COUNCIL, OCTOBER 4, 2005
ATLANTA BELTLINE TAD REDEVELOPMENT PLAN
O.C.G.A. 36-44-1 et seq., REDEVELOPMENT POWERS LAW
ORDINANCE 05-O-1733, BELTLINE ORDINANCE (ATLANTA CITY COUNCIL)
SECTION 501(c)(3) OF THE IRS CODE