The legislative body of the municipality shall provide by ordinance that the assessments levied upon the property abutting on the streets, alleys, or highways, or part or parts of the streets, alleys, or highways, in respect of which any such bonds are issued, shall be set apart as a fund for the payment of such bonds and interest.
Structure 2021 Tennessee Code
Title 7 - Consolidated Governments and Local Governmental Functions and Entities
Chapter 33 - Improvement Bonds
§ 7-33-101. Power to Issue Bonds to Pay Improvement Costs
§ 7-33-114. Assessments Set Aside for Payment of Bonds
§ 7-33-117. Collection of Assessments Notwithstanding Tax Levy
§ 7-33-118. Assessments and Bonds Unaffected by Irregularities
§ 7-33-119. Assessments Pledged for Payment of Bonds
§ 7-33-120. Segregation and Deposit of Assessment Collections