In addition to any authority otherwise conferred by law, any public entity may contract with an eligible private entity for the development, redevelopment, or operation of a qualifying transportation facility in exchange for availability payments and other consideration as such public entity may deem appropriate.
Tenn. Code Ann. § 54-6-111
Contract for development, redevelopment, or operation of transportation facility
Known as the Public-Private Transportation Act
The act spans §§ 54-6-101 to 54-6-121 (21 sections).
Acts 2016, ch. 975, § 1.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.