§ 68-221-514. Enforcement of Agreement by the State
The state, either through the authority or the department, shall have the right, in addition to all other rights, by mandamus or other suit, action or proceeding in any court of competent jurisdiction, to require the municipality and the governing body and any proper officer, agent or employee of the municipality to carry out any […]
§ 68-221-515. Limit on Indebtedness Not Applicable
Municipalities may enter into loan agreements under the provisions of this part, notwithstanding and without regard to any limit on indebtedness provided by law.
§ 68-221-516. Action of Municipality by Resolution
All action required or authorized to be taken under this part by the governing body of any municipality may be by resolution, which resolution may be adopted at the meeting of the governing body at which such resolution is introduced, and shall take effect immediately upon its adoption.
§ 68-221-517. Provisions Supplemental
This part is in addition and supplemental to any other law providing for the financing of waterworks of municipalities, and shall not be deemed to amend or repeal any other law. No proceedings by a municipality shall be required for loan agreements hereunder except such as are provided by this part, notwithstanding any provision of […]
§ 68-221-518. Powers of Tennessee Public Utility Commission Unaffected
Nothing in this part shall be construed as impairing the powers and duties of the Tennessee public utility commission with respect to special districts empowered to provide water services.
§ 68-221-519. Loans Made Retroactively
To the extent that a loan is made retroactively under this part for an eligible project that has been financed by other funds, such loan may be used by a municipality for any municipal water purpose.
§ 68-221-513. Failure of Municipality to Comply With Payment Schedule — Withholding of State Funds — Rate Increases
In the event any municipality, having entered into a loan agreement, shall fail to remit funds in accordance with the amortization schedule established by the authority, the commissioner of finance and administration shall deliver by certified mail a written notice of such failure to the municipality within five (5) days of the failure. In the […]
§ 68-221-504. Rules and Regulations
The department may adopt rules and regulations necessary for the effective administration of this part, including, but not limited to, the submission of plans, the procedures to be followed in applying for loans, and for enforcing agreements entered into by municipalities with the department with respect to such loans. Such rules and regulations shall require […]
§ 68-221-505. Appropriation of Funds
There are authorized to be appropriated to the department such funds as the general assembly may appropriate to enable the department to carry out its functions under this part.
§ 68-221-506. Loan Agreements With Municipalities — Provisions of Agreement
The state may enter into agreements with municipalities, and any municipality may enter into an agreement with the state for loans herein provided, subject, however, to any existing contractual obligations of the municipality. Any loan agreement may include such provisions as may be agreed upon by the parties thereto, and shall include, in substance, the […]