The Downtown Development Authority of Hiawassee, GA shall be composed of seven (7) members appointed by the Mayor and approved by the City Council and recognized by the State of Georgia as a public corporation with a specified set of powers and a specific purpose and mission to:
• Revitalize and redevelop the commercial corridor of the city, particularly the Hiawassee Enterprise Zone Area.
• Develop and promote for the public good and general welfare, trade, commerce, industry, and employment opportunities.
• Finance projects within the city limits that will develop and promote the public good and general welfare.
• Issue bonds to finance projects.