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§ 64-2-212. Audit of Operations

The board of directors of the authority shall cause an annual audit to be made of the books and records of the authority. Within thirty (30) days after receipt by the authority, a copy of the annual audit shall be filed with the clerk or recorder of the appropriate county or municipality, who shall then […]

§ 64-2-213. Liberal Construction

This part is remedial in nature and shall be liberally construed to effect its purposes of promoting the movement and transfer of people, goods and merchandise to, from and through the boundaries of the authority; encouraging utilization of the natural resources therein; and promoting the growth and development of commerce and industry in the counties […]

§ 64-2-214. Part Supplemental to Other Laws

The powers, authority and rights conferred by this part are in addition and supplemental to, and the limitations imposed by this part do not affect the powers conferred by any other general, special or local law.

§ 64-2-202. Effective Date

This part shall take effect when: Three (3) or more of the counties of Dickson, Hickman, Lewis, Perry and Wayne and the cities of Dickson, Centerville, Hohenwald, Linden and Waynesboro are authorized by a vote of two-thirds (2/3) of their respective governing bodies to become members of the authority; Evidence of such authorization is proclaimed […]

§ 64-2-203. Powers

Within the region of the authority, it may acquire, construct, operate, maintain and dispose of railroad facilities, properties and equipment, and may, in addition to continuing the above-mentioned railroad service, provide any other rail service in the region as it is needed and feasible. The acquisition, construction, operation and maintenance of such properties and facilities […]

§ 64-2-109. Operating Revenues

The revenues derived from the operation of the properties and facilities authorized, and the proceeds derived from the sale, transfer, lease or other disposition of any land or other facilities, shall be applied and used as follows: The payment of all operating expenses of the authority, except that the proceeds derived from the sale, transfer […]

§ 64-2-110. Contracts

All contracts of the authority shall be entered into and executed in such manner as may be prescribed by statutes, regulations and procedures governing contracting by county governments, but no contract or acquisition by purchase of equipment, apparatus, materials or supplies involving more than five thousand dollars ($5,000) or for construction, installation, repair or improvement […]

§ 64-2-111. Annual Report

The board shall report annually to the department of transportation and to the governing bodies of the various counties and cities within the boundaries of the authority. Such reports shall include statements of financial receipts and expenditures, statements from operators, a summary of activities and accomplishments for the period and proposed plans for the next […]

§ 64-2-112. Audit of Operations

The board of directors of the authority shall cause an annual audit to be made of the books and records of the authority. Within thirty (30) days after receipt by the authority, a copy of the annual audit shall be filed with the clerk or recorder of the appropriate county or municipality, who shall then […]