Establishes the Southern Cumberland Plateau Regional Water and Wastewater Authority to manage water and wastewater systems in Grundy County.
The bill creates the Southern Cumberland Plateau Regional Water and Wastewater Authority, a public corporation in perpetuity, to manage water and wastewater systems in Grundy County, Tennessee. The Authority is governed by a Board of Commissioners consisting of representatives from Grundy County, the Town of Monteagle, the Town of Tracy City, and two utility districts. The Authority has the power to issue bonds, enter into contracts, and collect fees for water and wastewater services. It is exempt from state, county, and municipal taxes, except for inheritance, transfer, and estate taxes.
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- Legal Framework
- Critical Issues
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