(1) There is created the Sequatchie Valley educational development agency, being a public body corporate and politic and referred to as the “agency” in this part.
(2) The agency is created for the purpose of developing the field of education for the region covered by Bledsoe, Marion, Rhea, Grundy, and Sequatchie counties, referred to as the “region” in this part.
(3) The scope of the agency's interests, work, and activities includes programs in the field of education.