In order to provide projects for a municipality and to enable the construction and financing thereof on lands owned by the municipality or by a not-for-profit corporation, but for no other purpose unless authorized by law, a municipality has the following powers and duties:
Structure 2021 Tennessee Code
Title 12 - Public Property, Printing and Contracts
Chapter 2 - Administration and Disposition of State Property
Part 3 - Sales and Leases by Municipalities to and From Not-for-Profit Corporations
§ 12-2-302. Powers and Duties of Municipality
§ 12-2-303. Municipality's Liability Under Lease — Actions by Not-for-Profit Corporations as Lessors
§ 12-2-304. Municipality's Obligations Not Within Debt Limitations
§ 12-2-305. Provision in Lease to Convey Title Upon Retirement of Obligations