§ 12-10-123. [reserved.]
An authority which operates or maintains more than one (1) project may maintain a common account or accounts and buy supplies and services in common; provided, that expenditures periodically shall be allocated to each project on an appropriate basis. An authority in the operation, maintenance, and routine repairs of a project may purchase goods, supplies […]
§ 12-11-101. Short Title — Purpose
This chapter may be cited as the “Interstate Contracting for Federal Programs Act.” The purpose of this chapter is to allow the state to join with other states in contracting to provide necessary materials and services for federal-state programs, in order to provide effective use of combined resources to prevent duplication and unnecessary expense to […]
§ 12-11-102. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Contractor” means a governmental entity, corporation, partnership, natural person, or joint venture which is qualified to provide materials and services for use in federal-state programs; “Federal government authorization” means approval in writing, whether in the form of statute, regulation, bulletin, manual, or letter signed by […]
§ 12-11-103. Contracts for Joint Federal-State Programs
The state of Tennessee may enter into joint contractual arrangements with other states and/or the United States to obtain materials and services to carry out the purposes of a federal-state program. The state of Tennessee may enter into agreements with another state and/or the United States to purchase materials and services to carry out the […]
§ 12-10-116. Municipal Leases, Loan Agreements, Sales Contracts or Operating Contracts Authorized — Agreements Relating to Interest Rates
Any municipal corporation is authorized to enter into such leases, loan agreements, sales contracts or operating contracts by resolution of its governing body or, in the case of such agreements or contracts for the financing of a project or projects eligible to be financed pursuant to title 7, chapter 34, with a term of not […]
§ 12-10-107. Amendment of Certificate of Incorporation
The certificate of incorporation may at any time and from time to time be amended so as to make any changes therein and add any provisions thereto which might have been included in the certificate of incorporation in the first instance. Any such amendment shall be effected in the following manner: the members of the […]
§ 12-10-108. Board of Directors — Executive Committee — Administrator — Consent Action
The authority shall have a board of directors in which all corporate powers of the authority shall be vested and which shall consist of any number of directors, no less than seven (7), all of whom shall be duly qualified electors of the municipality. The directors shall serve as such without compensation, except that they […]
§ 12-10-109. Powers of Authorities
Each public building authority created pursuant to this chapter shall be a public nonprofit corporation and a public instrumentality of the municipality with respect to which the authority is organized. The authority has the following powers, together with all powers incidental thereto or necessary for the performance of those hereinafter stated, to: Have succession by […]
§ 12-10-110. Acceptance of Donations
For the purpose of aiding and cooperating with an authority, the municipality, with respect to which such authority is created, may assign or loan any of its employees, including its engineering staff and facilities, and may provide necessary office space, equipment, or other facilities for the use of such authority. The governing body of such […]
§ 12-10-111. Bonds of the Authority — Issuance — Terms — Refunding — Payment
Except as herein otherwise expressly provided, all bonds issued by the authority shall be payable solely out of the revenue and receipts derived from the authority’s projects or of any thereof as may be designated in the proceedings of the board of directors under which the bonds shall be authorized to be issued, including debt […]