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§ 64-1-804. Powers and Duties

The authority is specifically authorized and empowered to do any and all things necessary in forming and executing a plan for the comprehensive development of the resources of Carroll County, including an action in cooperation, when necessary, with appropriate local, state, and federal agencies in the fields of agriculture, forestry, drainage and flood control, land […]

§ 64-1-805. Eminent Domain

The authority’s power of eminent domain may be exercised under title 29, chapter 16 or pursuant to any other applicable statutory provisions, now in force or hereafter enacted, for the exercise of the power of eminent domain. At any time on or after the filing of a petition for condemnation of property and before the […]

§ 64-1-806. Exemption From Taxation

During the time that title to land or rights in land are held by the authority, they are exempt from all taxes levied by the state or any of its political subdivisions or instrumentalities of either; and all other property and activities of the authority are similarly exempt.

§ 64-1-705. Comprehensive Development Plan

The agency shall investigate the resources of the Little Tennessee River watershed, and especially the Tellico Reservoir project area and the East Tennessee region and, based upon the foregoing study, shall develop a comprehensive development plan for the economic growth and residential, recreational, commercial and industrial development of the development lands. In making such investigations […]

§ 64-1-706. Powers and Duties With Respect to Development

The agency may enter into contracts with municipalities, other public agencies or political subdivisions of any kind, corporations, public or private, or with others for the construction of facilities, utilities or for the provision of services within or in conjunction with development within the development lands that the agency determines are required for the development […]

§ 64-1-707. Powers of Represented Counties

The counties represented on the board of directors are hereby authorized and empowered to: Contribute to the public works of the agency 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. The county legislative bodies […]

§ 64-1-607. Cooperation From State Agencies

All agencies of the state are hereby authorized and directed to extend their cooperation and lend assistance to the agency in the formulation and implementation of a development program.

§ 64-1-608. Advisory Board

For the purpose of coordinating its activities with the needs and undertakings of other local organizations and groups, the board of directors may establish an advisory board consisting of the chair of the agency board, who shall be chair of the advisory board, and of sufficient members to represent adequately so far as possible, industry, […]

§ 64-1-701. Creation — Purposes — Declaration of Public Function

There is hereby created and established the Tellico Reservoir development agency, being a public body corporate and politic, referred to as the “agency” in this part. The agency is created for the purpose of developing and effectuating plans and programs for the comprehensive development of, acquiring, operating, managing, selling, leasing and the development of all […]