Atlanta City Council Adopts BeltLine Legislation
March 30, 2021
During the March 15, Atlanta City Council meeting, Council members also approved the Atlanta Beltline Special Services District. This ordinance determines the districts’ boundaries and defines its purpose. In addition to establishing the Special Services District, the Council also approved an ordinance which provides the authority for an additional ad valorem tax at the rate of 2 mills on every $1,000.00 or any part thereof of taxable real property (Commercial property) within the Atlanta Beltline Special Service District. Proceeds from this tax will provide the necessary local government services relating to, and for the completion of, the Beltline trail corridor.
For specific information regarding the details of each of these ordinances, please refer to the links below:
Establishing the district - No. 21-O-0049
Agreement for bonds - No. 21-O-0048
Ad valorem tax - No. 21-O-0052
About the 400N Market Brief
The 400 North Association of REALTORS® (400N) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS). For more information on details of this month's report, please contact the Association at 770.845.4008.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the 400 North Association of REALTORS®
The 400 North Association serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the 400 North Association has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Forsyth, Dawson and Lumpkin area. The Association has contributed to various charities over the years by hosting fundraisers.
About First Multiple Listing Service
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