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Federal Issues and Election Review
State & Federal

As a supporter of expanded regional transportation options, the Board is pleased to report that Cobb County voted to extend their SPLOST referendum for an additional six years beginning in 2016. On the heels of this success, a bus rapid transit line down the Cobb Parkway is now being discussed as a separate March 2016 referendum. Also on Nov. 4, nearly 70% of Clayton County voters agreed to join the MARTA regional transit service through a SPLOST ballot measure.

2014 Election Expands Metro Transportation Options
Local

As a supporter of expanded regional transportation options, the Board is pleased to report that Cobb County voted to extend their SPLOST referendum for an additional six years beginning in 2016. On the heels of this success, a bus rapid transit line down the Cobb Parkway is now being discussed as a separate March 2016 referendum. Also on Nov. 4, nearly 70% of Clayton County voters agreed to join the MARTA regional transit service through a SPLOST ballot measure.

Metro Atlanta Election Summary
Elections

Five of the six candidates the Atlanta REATLORS® PAC supported in the primary run-offs or general election campaigns won their races. 

Georgia's future: Where will the jobs be?
Expert Series CE Program: Wednesday, December 3, 2014

Join us on Wednesday, December 3rd to listen and learn from Atlanta's Commercial Leaders as they discuss what current investments will shape Atlanta's future. Receive three hours of continuing education credit for attending this information packed course.

Join us at the 2014 Annual Awards Luncheon!
Friday, December 12, 2014 | InterContinental Hotel - Buckhead

The Annual Awards Luncheon will be held on Friday, December 12th, for the recognition of the 2014 award recipients and the Installation of the 2015 Officers and Directors. The ACBR has experienced a remarkable year and we hope you will join your fellow members at this wonderful year end event.

Economic Forecast
Education Seminar: Wednesday, November 19, 2014 | 7:30 am - 9:00 am
City of Atlanta to Update Tree Ordinance
Local

In a meeting at City Hall on Monday the Arborist Division presented a list of proposed updates to the city’s existing tree ordinance which stem from their analysis of the final report "Assessing Urban Tree Canopy in the City of Atlanta." Click here to access a summary of that report. Some proposed changes of note include doubling the financial penalty for removing specimen trees from a lot while also doubling the credit given for planting such specimen trees. The Arborist intends to extend the City's power to replant within 15 feet of a right of way to include areas within 30 feet of a right of way. The tree trust fund may also be used to assist homeowners in adjusting sidewalks to accommodate root systems.

Brookhaven to Vote on Redevelopment Power for City Council
Local

HB 1136, passed during the last legislative session and signed by Governor Deal, gives the city of Brookhaven specific authority to "create tax allocation districts (TAD), issue tax allocation bonds, and incur other obligations" with the approval of Brookhaven voters. Now it is up to the citizens of Brookhaven to either grant or deny the city these redevelopment powers. The city government's end goal is to redevelop the Buford Highway possibly through the establishment of a TAD but some citizens are concerned about the possible impact on residents who are content with their community.

2015 Slate of Proposed Officers & Directors

The Nominating Committee has selected the following Slate of Officers and Directors.

Senate Votes to Extend Terrorism Risk Insurance Program
Federal

Tuesday August 26 Director of Governmental Affairs, Lennie Shewmaker, met with Congressman David Scott (GA-13) about the importance of reauthorizing the Terrorism Risk Insurance Act (TRIA) before its expiration on December 31, 2014. As a member of the House Financial Services Committee Rep. Scott was familiar with the issue and understood that Terrorism insurance is an important factor in commercial financing, and is a key structural protection for commercial mortgage-backed securities. TRIA keeps coverage available and affordable and is a legislative priority for the REALTORS®.

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