§ 64-1-908. Interagency Cooperation
All agencies and departments of state government shall extend their cooperation and lend assistance to the authority in the formulation and implementation of the purposes of this part.
§ 64-1-901. Creation — Purpose
The West Fork Drakes Creek dam and reservoir interstate authority is hereby created. The West Fork Drakes Creek dam and reservoir interstate authority shall be a public body corporate and politic and shall be referred to as the “authority” in this part. The authority shall develop the resources of the region embracing the Tennessee county […]
§ 64-1-902. Board of Directors
The authority shall be governed by a board of directors. The board shall make policy, which shall be implemented. The membership of the board shall be as follows: A member of the county legislative body of Sumner County, Tennessee and Simpson County, Kentucky, chosen by their respective legislative bodies; The mayors of the cities of […]
§ 64-1-903. Powers, Functions and Duties of the Authority
The authority has the following general powers, functions and duties to: Have perpetual succession in the corporate name; Sue and be sued in the corporate name and sue and be sued in either Tennessee or Kentucky with the jurisdiction of either state’s courts to be determined by where the cause of action arose; Adopt, use […]
§ 64-1-904. Dam and Reservoir
The authority may construct, operate and maintain a dam and reservoir on the West Fork Drakes Creek and foster recreational and economic developmental projects that would utilize these resources. The construction of this dam and reservoir shall not commence until the authority has first obtained the consent and approval of all necessary regulatory bodies.
§ 64-1-905. Bonds and Notes — Issuance — Refunding — Proceeds — Security
The authority may issue its bonds from time to time for the purpose of paying in whole or in part the cost of acquiring lands and interests therein and of constructing facilities and improvements subject to the limitations and conditions provided in this part. Any resolution of the board authorizing the sale of bonds shall […]
§ 64-1-906. Contributions From Member Governmental Entities — Request for Appropriation
The various counties, towns and incorporated municipalities that are members of the authority may contribute to the work of the authority any amounts of money that their respective governing bodies, acting in their sole discretion, shall approve to be paid from the general fund of the respective county or city. Governing bodies of member local […]
§ 64-1-907. Annual Statement and Report — Accounting System and Auditing Requirement
The board shall annually formulate and issue a statement of objectives, priorities and programs that it has adopted or envisions to meet these objectives. This statement of objectives shall be included in the annual report. The board shall report annually to the governors of the commonwealth of Kentucky and state of Tennessee and to the […]