Community Development Block Grant Funds — Payments in Lieu of Property Taxes — Reports of Expenditures

1. Law
2. Tennessee Code
3. Cities and Towns
4. Municipal Powers Generally
5. General Provisions
6. Community Development Block Grant Funds — Payments in Lieu of Property Taxes — Reports of Expenditures

1. A municipality that is the recipient of community development block grant funds shall make a report concerning the expenditure of such funds. The municipality shall place a copy of such report in the main branch of the public library located within the boundaries of the municipality. A municipality that permits access to public information through the Internet may also place such report on the municipality's homepage.
2. A municipality or an industrial development corporation formed by such municipality that is a party to an agreement that involves a payment in lieu of property taxes shall make a report concerning such agreement and the expenditure of such funds. The municipality shall place a copy of such report in the main branch of the public library located within the boundaries of the municipality. A municipality that permits access to public information through the Internet may also place such report on the municipality's homepage.

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