§ 133. Definitions.

As used in this act [part], the following words and terms shall have the following meanings:

(1)

The word "authority" shall mean the DeKalb County Coliseum Authority created in section 2 of this act [§ 132 of this appendix].

(2)

The word "project" shall be deemed to mean and include a coliseum for athletic, sporting, cultural, religious, political, musical, educational, and other events, and the usual facilities related thereto, including, without limitation, refreshment stands and restaurants and facilities for the purveying of foods, beverages, publications, souvenirs, novelties, and goods of all kinds, whether operated or purveyed directly, or indirectly through concessions, licenses, leases or otherwise, parking facilities or parking areas in connection therewith, and extensions and improvements of such facilities, and acquiring the necessary property therefor, both real and personal, deemed by the authority to be necessary, convenient or desirable. All of the properties and facilities comprehended by the next preceding need not necessarily comprise one (1) project but might comprise two (2) or more separate projects which relate to the coliseum as described.

(3)

The term "cost of the project" shall embrace the cost of construction, the cost of all lands, properties, rights, easements and franchises acquired and the cost of all conveyances in fee simple of the authority's title thereto and leases thereof, the cost of preparing the land, including the installation of storm and sanitary sewers, the cost of all machinery, equipment and furnishings related to the operation of any project, financing charges, interest prior to and during construction and for six (6) months after completion of construction, cost of engineering, architectural, fiscal and legal expenses, and other expenses necessary or incident to determining the feasibility or practicability of the project, administrative expenses and such other expenses as may be necessary or incident to the financing herein authorized, and start-up costs incurred in placing any project in operation. Any obligation or expense incurred for any of the foregoing purposes shall be regarded as a part of the "cost of the project" and may be paid or reimbursed as such out of any funds of the authority, including the proceeds of any revenue bonds issued under the provisions of this act [part] for any such project or projects.

(4)

The terms "revenue bonds," "bonds," and "obligations" as used in this act [part], shall mean revenue bonds as defined and provided for in the Revenue Bond Law (Ga. L. 1937, p. 761 et seq.) [O.C.G.A. § 36-82-60 et seq.], as now or hereafter amended, and such type of obligations as may be issued by the authority as authorized under said Revenue Bond Law and any amendments thereto; and, in addition, shall also mean obligations of the authority, the issuance of which are hereinafter authorized in this act [part].

(5)

Any project shall be deemed "self-liquidating" if, in the judgment of the authority, the revenues and earnings to be derived by the authority therefrom and all properties used, leased and sold in connection therewith will be sufficient to pay the principal of and interest on the revenue bonds which may be issued to finance, in whole or in part, the cost of such project or projects.

(Acts 1969, p. 2567, § 3)