In allocating loan funds to counties, the authority shall give consideration to, and apply, the following standards and criteria:

(1) The need and desirability for such equipment; and

Terms Used In Tennessee Code 4-31-509

  • Authority: means the Tennessee local development authority. See Tennessee Code 4-31-503
  • Equipment: includes , but is not limited to:
    (A) For firefighters, uniforms, fire engines and other vehicles, ladders, hooks, hoses, and all other equipment necessary for containing and extinguishing fires. See Tennessee Code 4-31-503
(2) The ability of the county to secure borrowed money from other sources and costs thereof.