US Lawyer Database

§ 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 […]

§ 64-1-507. Issuance of Bonds — Securing of Bonds

The agency is authorized and empowered to issue its bonds from time to time in an amount not to exceed a total of two million dollars ($2,000,000) outstanding at any time for the purpose of paying in whole or in part the cost of acquiring lands or interests in land and of constructing facilities and […]

§ 64-1-508. Authority to Contribute Money 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 agency any amount or amounts of money that their respective governing bodies, acting in their sole discretion, approve to be paid from the general fund of the respective county or city. County legislative […]

§ 64-1-509. Annual Reports

The board of directors of the agency shall report annually to the governor, and to the governing bodies of the various counties, towns and incorporated municipalities of the region. The reports shall include a statement of financial receipts and expenditures and a summary of all activities and accomplishments for the period and proposed plans for […]

§ 64-1-510. 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 its planning and development program.

§ 64-1-602. Board of Directors — Officers — Meetings — Expenses — Removal

The organization of the agency shall be as follows: The agency shall be governed by a board of directors consisting of twelve (12) members; The governor shall appoint one (1) director from each county named in § 64-1-601(b). Each director shall be chosen from a list of three (3) candidates nominated by majority vote of […]

§ 64-1-603. Powers and Duties

The powers, duties and functions of the agency are as follows: General: Perpetual succession in corporate name; Sue and be sued in corporate name; Adopt, use and alter a corporate seal, which shall be judicially noticed; Enter into such contracts and cooperative agreements with the federal, state and local governments, with agencies of such governments, […]