The county trustee of any county in which a drainage district has been organized under the laws of this state shall make monthly settlement with the county mayor of the county in which the district was organized, showing the drainage assessments collected during the month, giving date collected, tract number, name of owner, for what years assessments are paid, amount of assessments, interest and penalty, amount paid in cash, amount paid in bonds, coupons, or credit memorandums, and amount of credit memorandums issued during the month and still outstanding and to whom issued. The settlement shall also show what bonds, coupons or credit memorandums were received during the month in settlement of assessments and the date same were cancelled by the trustee. The settlement shall be filed with the county mayor as provided in this section, together with all cancelled bonds, coupons and credit memorandums, taking the county mayor's receipt for the settlement and, when approved by the county mayor, shall be copied on the drainage record book in the county clerk's office.
Structure 2021 Tennessee Code
Title 69 - Waters, Waterways, Drains and Levees
Chapter 5 - Drainage and Levee Districts
Part 9 - Bond Issues and Warrants
§ 69-5-901. County May Issue and Sell Drainage Bonds
§ 69-5-902. Payment of Assessments Before Issuance of Bonds
§ 69-5-903. Terms of Bonds — Signing — District to Be Indicated
§ 69-5-904. Bonds a Charge on Land in District Only
§ 69-5-905. Denominations of Bonds
§ 69-5-906. Multi-County Districts — Issuance and Payment of Bonds
§ 69-5-907. Payment in Installments — Bond to Secure Installments
§ 69-5-908. Bond of County Trustee
§ 69-5-909. Warrants Issued Instead of Bonds
§ 69-5-910. Surplus Funds From Sale of Bonds or Warrants
§ 69-5-911. Prepayment of Deferred Installments
§ 69-5-912. Payment of Assessments With Bonds or Coupons
§ 69-5-914. Multi-County Districts — Payment by Bond or Coupon
§ 69-5-915. Single County Districts — Monthly Settlements by Trustees
§ 69-5-916. Multi-County Districts — Monthly Settlements by Trustees
§ 69-5-917. Disposition of Receipts — Maintenance or Administration Certificates
§ 69-5-918. Lien of Maintenance or Administration Certificates
§ 69-5-919. Proceeds From Sale of Maintenance or Administration Certificates
§ 69-5-920. Refunding Bonds Authorized — Terms
§ 69-5-921. Petition for Issuance of Refunding Bonds
§ 69-5-922. Refunding Bonds — Notice of Hearing
§ 69-5-923. Refunding Bonds — Petition and Notice in Multi-County Districts
§ 69-5-924. Hearing — Remonstrance
§ 69-5-925. Refunding Bonds — Release of Landowner From Assessment
§ 69-5-926. Refunding Bonds — Extended Assessments
§ 69-5-927. Refunding Bonds — Powers Conferred on Board of Directors
§ 69-5-928. Borrowing Money to Pay Bonds and Interest
§ 69-5-929. Appointment of Receiver for Defaulting Drainage District
§ 69-5-930. Powers of Receiver — Removal and Appointment of Another