State Codes and Statutes

Statutes > Georgia > Title-50 > Chapter-37 > 50-37-5

O.C.G.A. 50-37-5 (2010)
50-37-5. (For effective date, see note.) Funding for contracts

(a) A governmental unit may use funds designated for operating, utilities, or capital expenditures for any guaranteed energy savings performance contract, including, without limitation, for purchases on an installment payment or lease purchase basis.

(b) During the life of the contract, grants, subsidies, or other payments from the state to a governmental unit shall not be reduced as a result of energy savings obtained as a result of a guaranteed energy savings performance contract.

State Codes and Statutes

Statutes > Georgia > Title-50 > Chapter-37 > 50-37-5

O.C.G.A. 50-37-5 (2010)
50-37-5. (For effective date, see note.) Funding for contracts

(a) A governmental unit may use funds designated for operating, utilities, or capital expenditures for any guaranteed energy savings performance contract, including, without limitation, for purchases on an installment payment or lease purchase basis.

(b) During the life of the contract, grants, subsidies, or other payments from the state to a governmental unit shall not be reduced as a result of energy savings obtained as a result of a guaranteed energy savings performance contract.