Allocation of Funds — Criteria

  1. Law
  2. Tennessee Code
  3. State Government
  4. Tennessee Local Development Authority Act
  5. Tennessee Local Development Authority Capital Projects Loan Act of 1990
  6. Allocation of Funds — Criteria

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In allocating loan funds to local government units, the authority shall give consideration to, and apply, the following standards and criteria:

  1. The need and desirability for capital projects; and
  2. The ability of the local government unit to secure borrowed money from other sources and costs thereof.


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