Any creating or participating governmental entity has all necessary powers in order to further the purposes of this chapter, including, but not limited to, the following, any or all of which powers may be exercised by resolution or ordinance of the governmental entity’s governing body:

(1) To advance, donate or lend money on real or personal property to the authority;

Terms Used In Tennessee Code 41-12-112

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(2) To provide that any funds on hand or to become available to the governmental entity for jail purposes shall be paid directly to the authority;
(3) To sell, lease, dedicate, donate or otherwise convey to the authority any of the governmental entity’s interest in any existing jail or other related property, or grant easements, licenses or other rights or privileges in the existing jail or other related property to the authority;
(4) To enter into agreements with the authority with regard to the transfer of the governmental entity’s employees to the authority with the retention by the employees of any accrued rights in pension, disability, hospitalization and death benefits; and
(5) To permit the governmental entity’s rights, duties and powers under the governmental entity’s charter or the laws of the state to be performed or exercised by the authority.