Tennessee § 64-5-112 Local governmental units authorized to make contributions and issue bonds

Tennessee Statutes

§ 64-5-112 — Local governmental units authorized to make contributions and issue bonds

Tennessee § 64-5-112

Title64

This text of Tennessee § 64-5-112 (Local governmental units authorized to make contributions and issue bonds) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 64-5-112 (2026).

Text

The various counties, towns and incorporated municipalities in the region are hereby authorized and empowered to:

(1)Contribute to the work of the authority any amount or amounts of money that their respective governing bodies, acting in their sole discretion, shall approve to be paid from the general fund of the respective county or city. County legislative bodies and governing bodies of such cities or towns are empowered to levy and collect ad valorem taxes for such purposes, which are hereby declared to be for municipal and county public purposes; and (2) Issue their bonds as provided in title 9, chapter 21 to obtain funds for the financing of public works projects undertaken by the authority or to secure advances made by federal agencies for the construction agreements with the author

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The various counties, towns and incorporated municipalities in the region are hereby authorized and empowered to: (1) Contribute to the work of the authority any amount or amounts of money that their respective governing bodies, acting in their sole discretion, shall approve to be paid from the general fund of the respective county or city. County legislative bodies and governing bodies of such cities or towns are empowered to levy and collect ad valorem taxes for such purposes, which are hereby declared to be for municipal and county public purposes; and (2) Issue their bonds as provided in title 9, chapter 21 to obtain funds for the financing of public works projects undertaken by the authority or to secure advances made by federal agencies for the construction agreements with the authority.