Tax levy to meet payments

Tenn. Code Ann. § 4-31-410, under Tennessee Local Development Authority Capital Projects Loan Act of 1990.

Tenn. Code Ann. § 4-31-410

In the event the funds pledged shall be insufficient to meet the payments as established by the authority for its loan, the local government unit shall levy a tax on property sufficient to make such payments, which shall be in addition to all other taxes authorized or limited by law.