§ 68-221-1313 — Powers of creating and participating governmental entities

Tennessee § 68-221-1313

• Jurisdiction: Tennessee
• Title: 68

Text

Any creating governmental entity and any participating governmental entity has all necessary powers in order to further the purposes of this part, including, but not limited to, the following, any or all of which powers may be exercised by resolution of the governmental entity's governing body, to: (1) Advance, donate or lend money on real or personal property to the authority; (2) Provide that any funds on hand or to become available to the governmental entity for treatment works purposes shall be paid directly to the authority; (3) Sell, lease, dedicate, donate or otherwise convey to the authority any of the governmental entity's interest in any existing treatment works or other related property, or grant easements, licenses or other rights or privileges therein to the authority; (4) Enter into agreements with the authority with regard to the transfer of the governmental entity's treatment works' employees to the authority with the retention by the employees of any accrued rights in pension, disability, hospitalization and death benefits; and (5) Permit the governmental entity's rights, duties and powers under the governmental entity's charter or the laws of the state to be performed or exercised by the authority.

Legislative History

Acts 2007, ch. 250, § 1.