§ 64-5-112. Local Governmental Units Authorized to Make Contributions and Issue Bonds
The various counties, towns and incorporated municipalities in the region are hereby authorized and empowered to: Contribute to the work of the authority any amount or 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. County […]
§ 64-5-113. Statement of Objectives — Annual Report — Accounting System — Audits — Purchasing and Contracting Procedures
The board, after receiving recommendations from its advisory committee, 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 governor, the commissioner of economic and […]
§ 64-5-114. Cooperation of State Agencies
All state agencies are hereby authorized and directed to extend their cooperation and lend assistance to the authority in the formulation and implementation of its planning and development program.
§ 64-5-115. Cooperation With Mid-Cumberland and Upper Cumberland Development Districts
The board shall endeavor to cooperate with the Mid-Cumberland and Upper Cumberland development districts and to avoid duplication with the activities of these agencies and any other agencies whenever possible.
§ 64-5-116. Employees’ Retirement
The employees of the authority are eligible for membership in the Tennessee consolidated retirement system pursuant to title 8, chapter 35, part 2, and the board shall provide the necessary contributions to the Tennessee consolidated retirement system for its employees. This section does not preclude the board from contracting with individuals for their personal services […]
§ 64-5-117. Review and Termination
The authority shall be subject to the governmental entity review law, compiled in title 4, chapter 29, and reviewed pursuant to § 4-29-119.
§ 64-5-110. Educational, Recreational and Other Facilities Authorized
Without derogating from any of its powers, duties, functions and responsibilities as set forth in the other provisions of this chapter, the authority is specifically authorized to make plans for the construction, operation, and maintenance of regional facilities, including, but not limited to, educational and recreational facilities in one (1) or more of the counties […]
§ 64-5-111. Bond Issues — Refunding Bonds — Appropriation Requests
The authority is authorized and empowered to 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 chapter. Any resolution of the board authorizing the […]
§ 64-5-101. Creation — Purpose
The Tennessee central economic authority is hereby created. The Tennessee central economic authority is a public body corporate and politic and is referred to as the “authority” in this chapter. The authority is created and established for the purpose of developing the resources of the region embracing the counties of Macon, Smith, Sumner, Trousdale and […]
§ 64-5-102. Board of Directors
The authority shall be governed by a board of directors, referred to as the “board” in this chapter. The board shall make policy, which shall be implemented by the executive director, if such position is established.