§ 4-31-709. Enforcement
The authority has the right, in addition to all other rights, by appropriate suit, action or proceeding in any court of competent jurisdiction, to require the grantee, its governing body, or any proper officer, agent or employee to carry out any agreements and to perform its and their duties under this part or under any […]
§ 4-31-710. Certificate Filed by Commissioner
Prior to the issuance of bonds or notes pursuant to this part, the commissioner shall file with the authority a certificate to the effect that: The project to be financed from the proceeds of such bonds or notes constitutes a facility in accordance with § 33-2-402; Assisting the grantee in financing such project is in […]
§ 4-31-711. Grantee’s Plan of Operation
At least ninety (90) days prior to the beginning of each state fiscal year, the grantee shall submit a plan of operation for review and approval to the commissioners of mental health and substance abuse services, intellectual and developmental disabilities, health and finance and administration and the comptroller of the treasury. The plan of operation […]
§ 4-31-704. Issuance and Sale of Bonds and Notes — Loans — Authorization
In addition to the powers otherwise granted by law, the authority has the power and is authorized to issue and sell bonds and notes, the proceeds of which may be used to make loans to any grantee for the construction or the refinancing of the construction of a facility pursuant to a loan agreement between […]
§ 4-31-705. Repayment of Loans
The authority shall establish a repayment schedule to be made by a grantee under a loan agreement. Such repayments shall be in such amounts as will be at least sufficient, together with other funds available therefor, to pay the principal of, and interest on, authority bonds and notes issued for the purpose of providing loans […]
§ 4-31-706. Issuance of Bonds or Notes — Limitations — Deficiency
Bonds or notes issued pursuant to this part shall not be issued and sold as part of an issue of bonds or notes of the authority issued pursuant to any other provision of this chapter or law. The authority shall not issue bonds and notes under this part in an aggregate principal amount at any […]
§ 4-31-707. Administration of Loans — Loan Agreement — Security
The authority shall administer loans made under this part. In so doing, the authority may adopt rules and regulations necessary for the effective administration of this part. The loan agreements into which the authority enters with grantees may include such provisions as may be agreed upon by the authority and the grantees and shall include […]
§ 4-31-708. Notice of Failure to Remit Funds — Withholding of Funds
In the event any grantee having entered into a loan agreement shall fail to remit funds in accordance with the annual repayment schedule established by the authority, the commissioner of finance and administration shall deliver by certified mail or other means of verified delivery written notice of such failure to the grantee within five (5) […]
§ 4-31-701. Short Title
This part shall be known and may be cited as the “Tennessee Local Development Authority Mental Health and Mental Retardation Facilities Act of 1990.”
§ 4-31-702. Legislative Intent
The general assembly finds and declares that the provision of care, rehabilitation and treatment for mental illness, intellectual and developmental disabilities, or alcohol or drug abuse or dependency is a public purpose. The general assembly further finds and declares that, to the extent that financing the construction of facilities used in connection with the provision […]