Tennessee § 68-221-614 Powers of participating governmental entities

Tennessee Statutes

§ 68-221-614 — Powers of participating governmental entities

Any creating governmental entity and any participating governmental entity has all necessary powers in order to further the purposes of this part, including, without limitation, the following, any or all of which powers may be exercised by resolution of its 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 it for treatment works purposes shall be paid directly to the authority;

(3)Sell, lease, dedicate, donate or otherwise convey to the authority any of its 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

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Any creating governmental entity and any participating governmental entity has all necessary powers in order to further the purposes of this part, including, without limitation, the following, any or all of which powers may be exercised by resolution of its 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 it for treatment works purposes shall be paid directly to the authority; (3) Sell, lease, dedicate, donate or otherwise convey to the authority any of its 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 its treatment works' employees to the authority with the retention by such employees of any civil service status and accrued rights in pension, disability, hospitalization and death benefits; and (5) Permit its rights, duties and powers under its charter or the laws of the state to be performed or exercised by the authority.

Tennessee § 68-221-614 (Powers of participating governmental entities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.