Development Authority of Columbus v. Four Js Family, Lllp

Ellington, Presiding Judge.

The Development Authority of Columbus (“DAC”) appeals from the trial court’s orders granting Four JS Family, LLLP’s, motion for a preliminary injunction enjoining the closing of the sale by DAC of certain downtown Columbus commercial property and denying DAC’s motion to dismiss Four JS’s petition for injunction and temporary restraining order. DAC claims that the trial court’s orders are based on an erroneous finding that the Development Authorities Law, OCGA §§ 36-62-1 through 36-62-14 (the “Act”), prohibits DAC from selling real property at less than fair market…