2010 Tennessee Code
Title 6 - Cities And Towns
Chapter 54 - Municipal Powers Generally
Part 1 - General Provisions
6-54-124 - Community development block grant funds Payments in lieu of property taxes Reports of expenditures.
6-54-124. Community development block grant funds Payments in lieu of property taxes Reports of expenditures.
(a) A municipality that is the recipient of community development block grant funds shall make a report concerning the expenditure of such funds. The municipality shall place a copy of such report in the main branch of the public library located within the boundaries of the municipality. A municipality that permits access to public information through the internet may also place such report on the municipality's homepage.
(b) A municipality or an industrial development corporation formed by such municipality that is a party to an agreement that involves a payment in lieu of property taxes shall make a report concerning such agreement and the expenditure of such funds. The municipality shall place a copy of such report in the main branch of the public library located within the boundaries of the municipality. A municipality that permits access to public information through the internet may also place such report on the municipality's homepage.
[Acts 1997, ch. 447, § 1.]
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