54 chapters · 1,257 sections in this title.
Tenn. Code Ann. § 7-40-107 Delegation to industrial development corporation
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An eligible municipality in which a district is located is authorized to delegate to any industrial development corporation within the county or counties where the municipality is located the authority to carry out all or part of the project and to issue revenue bonds to finance …
Tenn. Code Ann. § 7-40-108 Indebtedness
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Any bonds, notes, refunding bonds, or other indebtedness relative to the cost of an economic development project shall not be issued for a term longer than thirty-five (35) years and the municipality or industrial development corporation is authorized to pledge all proceeds or ta…
Tenn. Code Ann. § 7-40-109 Issuance of bonds
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Prior to the issuance of any bonds to finance the cost of an economic development project that will be repaid in whole or part from apportionments under this chapter, the municipality or industrial development corporation issuing such bonds shall submit a proposed debt amortizati…
Tenn. Code Ann. § 7-40-110 Incentives and financial support
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A municipality may, including through an industrial development corporation, limit, condition, or provide incentives or financial support in the district as it deems appropriate, including the requirement that the benefited property owners participate in the repayment of such in …