- The certificate of incorporation shall set forth:
- The names and residences of the applicants together with a recital that each of them is an elector of the county or of the incorporated city or town or is a customer of the utility district.
- The name of the authority which shall be public building authority of the of (the blanks to be filled in with the name of the municipality);
- A recital that permission to organize the authority has been granted by resolution duly adopted by the governing body of the municipality and the date of the adoption of such resolution;
- The location of the principal office of the authority;
- The purposes for which the authority is proposed to be organized;
- The number of directors of the authority;
- The period, which may be perpetual, for the duration of the authority; and
- Any other matter which the applicants may choose to insert therein which shall not be inconsistent with this chapter or with the laws of this state.
- The certificate of incorporation shall be subscribed and acknowledged by each of the applicants before an officer authorized by the laws of Tennessee to take acknowledgments to deeds.
