Tennessee Statutes
§ 13-20-705 — Land available for use
Tennessee·Title 13
(a)The authority may make land in a transit-oriented redevelopment project available for use by private enterprise or public agencies in accordance with the transit-oriented redevelopment plan. The land may be made available at its use value, which represents the value, whether expressed in terms of rental or capital price, at which the authority determines the land should be made available in order that it may be developed or redeveloped for the purposes specified in the plan.
(b)(1) To assure that land acquired in a transit-oriented redevelopment project is used in accordance with the redevelopment plan, an authority, upon the sale or lease of the land, shall obligate purchasers or lessees to:
(A)Use the land for the purpose designated in the transit-oriented redevelopment plan;
(B)B
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 13-20-705 (Land available for use) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by 2017 Tenn. Acts, ch. 254,s 1, eff. 5/2/2017.
Nearby Sections
15
§ 13-10-101
Chapter definitions§ 13-10-102
Functions of commissioner§ 13-10-104
Authority of commissioner to inspect property and records and conduct investigations and hearings§ 13-10-107
State financial assistance - Contingencies§ 13-10-109
Financial assistance - Approved sources§ 13-10-201
Responsibility for implementation§ 13-10-202
Financial and legal independence§ 13-10-203
Enforcement authority§ 13-10-204
Confidentiality of information§ 13-10-205
Audits and reporting§ 13-10-206
Authority to adopt policies and regulations§ 13-11-101
Short title§ 13-11-102
Purpose§ 13-11-103
Chapter definitions