Tennessee HB0065 allows cities to contract with private entities for sports facility development and management.
Tennessee HB0065 amends the Tennessee Code to expand the powers of cities under a general law city manager-commission charter. It allows these cities to contract with private entities for the development, construction, management, or operation of indoor or outdoor sports facilities. The terms of these contracts can include the division of operating revenues or losses, the lease or sale of the facility, the payment of management fees, or any other terms the city deems beneficial. This act becomes effective immediately upon becoming law.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.