The Cobb Board of Commissioners voted Tuesday to issue $10 million in South Cobb Redevelopment Authority revenue bonds for the new Six Flags Special Services Tax District.

Baird & Company was the lowest bidder.

The bonds will finance various redevelopment and infrastructure improvements within the 2,800-acre district which was created by the commissioners in November.

Property owners within the district will be assessed an additional 3.5 mills to pay for the annual debt service of the revenue bonds.

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Atlanta art and antiques appraiser and auctioneer Allan Baitcher (right) takes bids during a 2020 auction. Baitcher and his company, Peachtree Antiques, are being sued by a Florida multimillionaire who says he paid them $20 million for fakes. (AJC 2020)

Credit: Phil Skinner / Staff