Grundy County - Subject to local approval, creates the Southern Cumberland Plateau Regional Water and Wastewater Authority. -
Comp. became Pr. Ch. 71
Summary
The bill establishes the Southern Cumberland Plateau Regional Water and Wastewater Authority to design, finance, construct, operate and maintain water and sewer systems for Grundy County, the towns of Monteagle and Tracy City, and two utility districts. It gives the authority power to issue bonds, set user rates, and be exempt from most state and local taxes while shielding the participating governments from liability. The authority’s board is made up of representatives from each jurisdiction and can grow if additional municipalities join.
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