Any public entity may dedicate any property in which it has an interest for public use as a qualified transportation facility if it finds that the dedication would serve the public purpose of this chapter. In connection with the dedication, the public entity may convey any interest that it has in the property, subject to the conditions imposed by general law, to the private entity, subject to this chapter, for such consideration as such public entity may determine. Such consideration may include the agreement of the private entity to develop, redevelop, or operate the qualifying transportation facility.
Structure 2021 Tennessee Code
Title 54 - Highways, Bridges and Ferries
Chapter 6 - Public-Private Transportation Act
§ 54-6-102. Chapter Definitions
§ 54-6-104. Selection of Private Entity
§ 54-6-111. Contract for Development, Redevelopment, or Operation of Transportation Facility
§ 54-6-112. Dedication of Property
§ 54-6-117. Crossing or Relocation of Facilities
§ 54-6-118. Powers and Jurisdiction of Law Enforcement Officers — Access to Transportation Facility
§ 54-6-119. Termination Dates of Original Permanent Financing and Comprehensive Agreement