2010 Tennessee Code
Title 9 - Public Finances
Chapter 14 - Local Economic Adjustment
9-14-103 - Definitions Economic adjustment project.

9-14-103. Definitions Economic adjustment project.

For the purposes of this chapter, unless the context otherwise requires:

     (1)  “Cities,” “towns” and “counties” mean those general government units that are political subdivisions of the state of Tennessee;

     (2)  “Economic adjustment project” means those activities for which funds are available from local, state or federal sources and which include one (1) or more of the following objectives:

          (A)  Plan, finance, construct, operate and maintain all types of public facilities, including publicly owned industrial parks;

          (B)  Make commercial loans for business and industrial development;

          (C)  Do economic development planning, including research and technical assistance studies related to accelerating the development process;

          (D)  Provide public service jobs;

          (E)  Provide rent supplements to families and individuals, including loans and grants;

          (F)  Provide mortgage payment assistance to families and individuals, including loans and grants;

          (G)  Provide for costs of relocation of families and individuals, including loans and grants;

          (H)  Provide vocational and technical training in cooperation with the state's system of vocational and technical schools; and

          (I)  Provide other appropriate assistance related to economic adjustment and the purposes of this chapter;

     (3)  “Federal government” means the government of the United States and any agency, department, board or commission thereof performing or administering programs enacted by statute; and

     (4)  “State” means the state of Tennessee, including all state agencies, departments, boards, commissions, and other bodies which carry out state functions and programs. “State” also includes development districts as created by title 13, chapter 14.

[Acts 1975, ch. 312, § 3; T.C.A., § 9-1503.]