If any municipality determines that the public interest and the interests of the municipality will be served by assisting any other municipality or municipalities in exercising the powers and authority granted by this chapter, the municipality may furnish assistance by gift of real or personal property, or lease or loan thereof with or without charge or interest. In appropriating property or money and providing for assistance by taxation, the issuance of bonds, or other means, the municipality may exercise all of its powers as though used for its own direct purposes as provided in this chapter.
Structure 2021 Tennessee Code
Chapter 5 - County and Municipal Airports
§ 42-5-102. Chapter Definitions
§ 42-5-104. Acquisition of Existing Airports
§ 42-5-105. Establishment of Airports on Public Waters and Reclaimed Lands
§ 42-5-106. Limitation on Design and Operation of Air Navigation Facilities
§ 42-5-107. Public Purpose of Airports
§ 42-5-109. Disposal of Airport Property
§ 42-5-112. Delegation of Authority to Airport Officer or Board
§ 42-5-113. Regulations and Jurisdiction — Scope — Conformity to Federal and State Law
§ 42-5-115. Bond Issues — Notes — Financing Acquisition Costs and Improvements
§ 42-5-117. Bond Issues Ratified and Validated — Bonding Power Supplemental
§ 42-5-118. Application of Airport Revenues and Sale Proceeds
§ 42-5-123. Airport Property and Income Exempt From Taxation
§ 42-5-124. Supplementary Authority