6-33-101 - Powers. - Tennessee Statutes

6-33-101. Powers.

(a)  Every territory incorporating under the provisions of chapters 30-36 of this title has all the powers and authority enumerated in §§ 6-2-201, 6-19-101 and 6-19-102.

(b)  In addition to the powers granted in subsection (a), any city incorporated under chapters 30-36 of this title has the power to:

     (1)  Purchase, acquire, construct, own, operate, maintain, extend, improve, repair, equip and dispose of community antenna television systems or microwave multi-point distribution systems, or both, for the benefit of the citizens of the city. The city may operate any such system as a department or part of a department of the city or place its operation in a separate board or in an existing electric or utility board, as provided by ordinance; and

     (2)  Borrow money to purchase, acquire, construct, extend, improve, repair or equip any such system and issue its bonds or notes therefor, including refunding bonds, in such form and upon such terms as it may determine. Any such bonds or notes shall be issued pursuant to the procedures set forth in and shall be governed by the provisions of title 9, chapter 21, including provisions dealing with covenants permitted in bond resolutions, security and remedies of bondholders, and the system described in this subdivision (b)(2) shall be deemed to be a “public works project,” as defined in title 9, chapter 21.

[Acts 1957, ch. 238, § 2.01; T.C.A., § 6-3301; Acts 1989, ch. 193, § 1.]