Purpose

The purpose of the DDA is to stimulate and sustain economic development in downtown Roswell by encouraging cooperation and building leadership; by advancing a positive image of downtown and promoting it as an exciting place to live, shop, and invest; by sustaining and improving the appearance of downtown; and by strengthening and expanding the economic base of downtown. - Bylaws Article 1, Section 2


Responsibilities

  • Pursue catalytic economic opportunities;

  • Create recurring income streams to support the board’s initiatives;

  • Establish private/public partnerships to stimulate economic development;

  • Be able to advise developers on other redeveloping efforts within the DDA’s boundaries;

  • Issue bonds to finance development projects;

  • Collaborate with Roswell[Inc] to strengthen the core business district.


BOUNDARY

Please click here to view the Roswell Downtown Development Authority Boundary Map.


Powers of a Development Authority

OCGA 36-42-8 lists the general powers of downtown development authorities. As with other types of authorities in Georgia, downtown development authorities may accept grants and apply for loans. They can also own, acquire and improve property, and they are empowered to enter into contracts and intergovernmental agreements. DDAs also have the authority to issue revenue bonds. 
Learn more about Development Authorities at the Georgia Municipal Association.



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