The authority has the right to enter into such further agreements with a local government unit and require such further guarantees or securities as it may see fit prior to, or simultaneously with, the issuance of bonds or to refuse to issue bonds until such agreements or securities, in any form that the authority may elect, are agreed to or are obtained.
Structure 2021 Tennessee Code
Chapter 31 - Tennessee Local Development Authority Act
Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990
§ 4-31-403. “Construction” Defined
§ 4-31-407. Further Agreements and Guarantees
§ 4-31-409. Allocation of Funds — Criteria
§ 4-31-410. Tax Levy to Meet Payments
§ 4-31-412. Enforcing of Agreement by Court Action