City of Atlanta attorney Beth Chandler, Beltline CEO Terri Montague and Peggy McCormick, the president of the Atlanta Development Authority, will hold a press conference in City Hall at 1 p.m. 2 p.m. regarding this morning's state Supreme Court ruling about the Beltline. Update: Mayor Shirley Franklin, fresh off the plane from New Delhi, wants a piece of this, too. She'll be in attendance.
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What effects will this have on the many projects in the works (and in progress) across the City that are dependent upon their own TAD funds? How will this affect the TAD funds that have already been disbursed for projects in process or nearing completion? What plans do the City and Beltline have to generate funding moving forward?