MILTON, Ga. — The Milton City Council stripped the Development Authority of Fulton County of its power to purchase property for tax incentives without city approval Dec. 15.
The resolution is the first of its kind to be enacted in North Fulton County following the Georgia General Assembly’s approval of House Bill 155 in May.
The state legislation came amid echoes from a deal the Development Authority made some 12 years ago with North American Properties providing it with a $55 million tax abatement over 10 years for its Avalon property in Alpharetta…