reglab/housing_qa huggingface dataset:
TN Code § 4-31-404 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-404. Loans for Capital Projects Authorized for Local Government Units Receiving State-Shared Taxes — Schedule of Payments

  In addition to the powers otherwise granted by law, the authority has the power and is authorized to make loans to any local government unit for the construction of capital projects pursuant to a loan program agreement between the local government and the authority. Such loans shall be made from the proceeds of bonds or notes issued by the authority for the purpose of making such loans.   Only local government units receiving state-shared taxes shall be eligible to participate in the loan program; provided, that a local government unit receiving state-shared taxes may jointly enter into a loan agreement with the authority and loan the proceeds of such loan to a local government unit not receiving state-shared taxes.     The authority shall establish a repayment schedule to be made by a local government unit under a loan agreement.   Such repayments shall be in such amounts as will be at least sufficient, together with other funds available therefor, to pay the principal of, and interest on, bonds and notes issued by the authority for the purpose of providing loans to local government units for the construction of capital projects, and as may be necessary for the authority to maintain a reserve for debt service.   At the time of approval of a loan agreement, the annual repayment schedule applicable to all approved loans to a local government unit under provisions of this part, when combined with annual repayment schedules applicable to approved loans to local government units under title 68, chapter 221, parts 2 and 5, and [former] title 68, chapter 211, part 4 [repealed] or other state loan programs, shall not exceed one hundred percent (100%) of the unobligated amount of annual state-shared taxes paid to the local government unit as shown by the latest completed audit for the state's fiscal year.   Nothing contained in this subsection (c) shall require a uniform test for all loans, it being the intent of the general assembly that the authority exercise discretion based on the facts and circumstances of each loan.   In exercising its discretion, the authority shall take into consideration the general financial condition of the local government unit receiving the loan.     For purposes of determining compliance with this subsection (c), the annual repayment schedule for each loan shall be, in cases prior to the funding of such loans or where such loans have been financed on an interim basis other than by bonds, an estimated annual repayment schedule showing debt service requirements under the loan agreements as if the bonds to be issued to fund such loans will bear interest at a rate per annum and mature in such manner as the authority shall establish at the time of the approval of each such loan and, in cases where bonds have been issued to fund such loan, the actual debt service requirements on such bonds.
TN Code § 4-31-405 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-405. Administration of Loans

  The authority shall administer loans made under this part. In so doing, the authority may adopt rules and regulations necessary for the effective administration of this part, including the promulgation of prerequisites that must be fulfilled by the local government unit in order to be eligible for a loan, procedures to be followed in making loan applications to the authority, procedures to be followed in the disbursement of loan funds, and procedures for enforcing agreements entered into by local government units with the authority.   Any one (1) or more local government units entering into a loan agreement with the authority must state in the loan application, in addition to any requirements established by the authority, if the capital project is a correctional facility, that:  The plans for the construction of such correctional facility have been submitted to the Tennessee corrections institute for review and comment; and   The plans for construction of such correctional facility conform to standards established by the Tennessee corrections institute pursuant to § 41-4-140 and title 41, chapter 7, and the Life and Safety Code, as adopted by regulation of the department of commerce and insurance.     Prior to being placed into use, any project that is a correctional facility financed by the loan agreement must first be inspected, approved and certified by the Tennessee corrections institute pursuant to § 41-4-140 and title 41, chapter 7. Certification must be submitted to the authority within thirty (30) days of receipt by the local government unit.   If the capital project is a qualified energy conservation project, the local government unit shall first apply to the department of environment and conservation. Any loan agreement for such qualified energy conservation project must be recommended by the commissioner of that department.
TN Code § 4-31-407 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-407. Further Agreements and Guarantees

 The authority has the right to enter into such further agreements with a local government unit and require such further guarantees or securities as it may see fit prior to, or simultaneously with, the issuance of bonds or to refuse to issue bonds until such agreements or securities, in any form that the authority may elect, are agreed to or are obtained.
TN Code § 4-31-408 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-408. Preparation and Approval of Agreements — Approval of Funding — Payments Subject to Audit

  The authority shall prepare, and the attorney general and reporter shall approve, a form of loan agreement to be used to evidence loans made to local government units pursuant to this part.   All loan agreements entered into pursuant to this part shall be subject to approval by the commissioner of finance and administration as to funding.   All payments made pursuant to loan agreements shall be made on vouchers approved by the authority, and such payments shall be subject to audit at any time.
TN Code § 4-31-409 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-409. Allocation of Funds — Criteria

 In allocating loan funds to local government units, the authority shall give consideration to, and apply, the following standards and criteria:   The need and desirability for capital projects; and   The ability of the local government unit to secure borrowed money from other sources and costs thereof.
TN Code § 4-31-410 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-410. Tax Levy to Meet Payments

 In the event the funds pledged shall be insufficient to meet the payments as established by the authority for its loan, the local government unit shall levy a tax on property sufficient to make such payments, which shall be in addition to all other taxes authorized or limited by law.
TN Code § 4-31-411 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-411. Failure to Make Payments — Withholding of Shared Revenues Authorized

  In the event any local government unit having entered into a loan agreement fails to remit funds in accordance with the annual repayment schedule established by the authority, the commissioner, within five (5) days of such failure, shall deliver by certified mail a written notice of such failure to the local government unit.   In the event the local government unit, as the case may be, shall fail to remit the amount set forth in the notice within sixty (60) days of the receipt of the notice, the commissioner shall, without further authorization, withhold such sum or part of such sum from any state-shared taxes that are otherwise apportioned to such local government unit for the benefit of the authority issuing bonds or notes for the purposes referred to in this part.
TN Code § 4-31-412 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-412. Enforcing of Agreement by Court Action

 The authority has the right, in addition to all other rights, by mandamus or other suit, action or proceeding in any court of competent jurisdiction, to require the local government unit and the governing body and any proper officer, agent or employee of the local government unit to carry out any agreements and to perform its and their duties under this part or under any rule or regulation of the authority adopted pursuant thereto.
TN Code § 4-31-413 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-413. Debt Limit Not Applicable

 Local government units may enter into loan agreements under this part notwithstanding and without regard to any limit on indebtedness provided by law.
TN Code § 4-31-414 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-414. Actions of Governing Body by Resolution

 All action required or authorized to be taken under this part by the governing body of any local government unit may be by resolution, which resolution may be adopted at the meeting of the governing body at which such resolution is introduced, and shall take effect immediately upon its adoption.
TN Code § 4-31-415 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 4 - Tennessee Local Development Authority Capital Projects Loan Act of 1990|§ 4-31-415. Provisions Supplemental

  This part shall be in addition and supplemental to any other law providing for the financing of capital projects by local government units and shall not be deemed to amend or repeal any other law.   No proceedings by a local government unit shall be required for loan agreements hereunder, except as provided by this part, any law to the contrary notwithstanding.   No other requirements or restrictions applicable to borrowing by a local government unit contained in any other law shall be applicable to loans under this part.
TN Code § 4-31-501 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-501. Short Title

 This part shall be known and may be cited as the “Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986.”
TN Code § 4-31-502 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-502. Intent

 It is in the interest and welfare of the people of Tennessee that the Tennessee local development authority be empowered to issue its revenue bonds, and to make the proceeds available for loans to counties for the purchase of equipment for the use of county or volunteer fire departments serving unincorporated areas of the county, in order to improve county and other rural fire protection, which will in turn result in improvements in fire ratings and a reduction in fire insurance premiums.
TN Code § 4-31-503 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-503. Part Definitions

 As used in this part, unless the context otherwise requires:   “Equipment” means fire engines, ladders, hooks, hoses and all other equipment necessary for the containing and extinguishing of fires; and   “Loan agreement” means a contractual arrangement by and between a county and the authority pursuant to and in accordance with this part.
TN Code § 4-31-505 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-505. Administration of Loans

   The authority shall administer loans made under this part.   In so doing, the authority may adopt rules and regulations necessary for the effective administration of this part, including the promulgation of prerequisites that must be fulfilled by the county in order to be eligible for a loan, procedures to be followed in making loan applications to the authority, procedures to be followed in the disbursement of loan funds, and procedures for enforcing agreements entered into by a county with the authority.     Any county entering into a loan agreement with the authority must state in the loan application, in addition to any requirements established by the authority pursuant to rules and regulations, that the purchase of the equipment is reasonably calculated to result in a reduction of fire insurance premium rates for businesses and residents within the unincorporated area of the county served by the county or volunteer fire department.
TN Code § 4-31-506 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-506. Loan Agreements

  Subject to § 4-31-505 and subject to any existing contractual obligations of the county, the authority may enter into loan agreements with any county, and any county may enter into loan agreements with the authority for loans for equipment for the use of county or volunteer fire departments serving the unincorporated area of the county.   Any loan agreement may include such provisions as may be agreed upon by the authority and the county, subject to § 4-31-505 and shall additionally include, in substance, the following:  The amount of the loan, not to exceed the estimated reasonable cost of the equipment to be purchased, as determined by the authority; and   An agreement by the local government unit to:  Proceed expeditiously with the purchase in accordance with the loan agreement approved pursuant to this part;   Not dispose of the equipment without the prior approval of the authority;   Pledge any available sources of revenue to make payment according to the repayment schedule established by the authority, including state-shared taxes, and to make such payments; and   Establish and maintain adequate financial records for the equipment, including maintaining an inventory, and cause to be made an annual audit of the financial records and transactions covering each fiscal year in accordance with generally accepted government auditing standards, and to furnish a copy of such audits to the comptroller of the treasury.       Failure of a county to file the audit required by subdivision (b)(2)(D) with the comptroller of the treasury each year, until the loan, together with interest is totally repaid, constitutes a Class A misdemeanor and anyone violating this provision, upon conviction, shall be liable for a fine of not less than ten dollars ($10.00) nor more than one hundred dollars ($100) for each violation, within the discretion of the court, and each day of continued violation constitutes a separate offense.
TN Code § 4-31-507 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-507. Further Agreements and Guarantees

 The authority has the right to enter into such further agreements with a county and require such further guarantees or securities as it may see fit prior to, or simultaneously with, the issuance of bonds or to refuse to issue bonds until such agreements or securities, in any form that the authority may elect, are agreed to or are obtained.
TN Code § 4-31-508 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-508. Approval of Agreements — Payments Subject to Audit

 All loan agreements entered into pursuant to this part shall be subject to approval by the attorney general and reporter as to the form and by the commissioner of finance and administration, and all payments made pursuant to such loan agreements shall be made on vouchers approved by the authority, and such payments shall be subject to audit at any time.
TN Code § 4-31-509 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-509. Allocation of Funds — Criteria

 In allocating loan funds to counties, the authority shall give consideration to, and apply, the following standards and criteria:   The need and desirability for such equipment; and   The ability of the county to secure borrowed money from other sources and costs thereof.
TN Code § 4-31-510 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-510. Tax Levy to Meet Payments

 In the event the funds pledged shall be insufficient to meet the payments as established by the authority, any county shall levy a tax on property sufficient to make such payments, which shall be in addition to all other taxes authorized or limited by law.
TN Code § 4-31-511 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-511. Failure to Make Payments — Withholding of State-Shared Revenues Authorized

  In the event any county having entered into a loan agreement shall fail to remit funds in accordance with the annual repayment schedule established by the authority, the commissioner, within five (5) days of such failure, shall deliver by certified mail a written notice of such failure to the county.   In the event the county shall fail to remit the amount set forth in the notice within sixty (60) days of the receipt of the notice, the commissioner shall, without further authorization, withhold such sum or part of such sum from any state-shared taxes that are otherwise apportioned to such county for the benefit of the authority issuing bonds or notes for the purposes referred to in this part.   A county shall not have any claims on state-shared taxes withheld as permitted under the terms of this part.
TN Code § 4-31-512 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-512. Authority to Establish Rural Fire Protection Equipment Fund — Disposition of Funds

  The authority is hereby authorized to establish in the state treasury a separate special trust fund of the authority for each separate issue of bonds or notes that is similarly secured, to be known as the “rural fire protection equipment fund,” and to bear such additional designation as the authority deems appropriate to properly identify each fund.    The state hereby covenants and agrees that from and after the issuance of any bonds or notes under and pursuant to this part, moneys derived by the state from payments made pursuant to loan agreements with such counties and moneys withheld from state-shared taxes apportioned to such counties as permitted under the terms of the loan agreements that are pledged to the payment of such bonds or notes shall be paid into the particular fund established for the issuance of bonds or notes to which such moneys are pledged.   Such moneys shall be accounted for separately from all other moneys in the state treasury and shall be applied by the authority solely for the purpose of paying principal of and interest and premium, if any, on such issue of bonds and notes issued pursuant to this section, refunding moneys due to participating counties where appropriate, and paying all other costs incidental to the administration of the authority in connection with the loan agreements and the issuance of such issue of bonds and notes.
TN Code § 4-31-513 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-513. Enforcing of Agreement by Court Action

 The authority has the right, in addition to all other rights, by mandamus or other suit, action or proceeding in any court of competent jurisdiction, to require the county and the governing body and any proper officer, agent or employee of the county to carry out any agreements and to perform its and their duties under this part or under any rule or regulation of the authority adopted pursuant thereto.
TN Code § 4-31-514 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-514. Debt Limit Not Applicable

 Any county may enter into loan agreements under this part notwithstanding and without regard to any limit on indebtedness provided by law.
TN Code § 4-31-515 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-515. Actions of Governing Body by Resolution

 All action required or authorized to be taken under this part by the governing body of any county may be by resolution, which resolution may be adopted at the meeting of the governing body at which such resolution is introduced and shall take effect immediately upon its adoption.
TN Code § 4-31-516 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 5 - Tennessee Local Development Authority Rural Fire Protection Equipment Act of 1986|§ 4-31-516. Provisions Supplemental

  This part shall be in addition and supplemental to any other law providing for the financing of the purchase of equipment by counties and shall not be deemed to amend or repeal any other law.   No proceedings by a county shall be required for loan agreements hereunder, except as provided by this part, any law to the contrary notwithstanding.   No other requirements or restrictions applicable to borrowing by any county contained in any other law shall be applicable to loans under this part.
TN Code § 4-31-601 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 31 - Tennessee Local Development Authority Act|Part 6 - Tlda Airport Loan Act of 1988|§ 4-31-601. Short Title

 This part shall be known and may be cited as the “TLDA Airport Loan Act of 1988.”