Amends TCA Title 6, Chapter 51 and Title 7, Chapter 69.
Tennessee SB0965 authorizes a tourism development authority that owns property within a municipality to petition for the deannexation of that property, provided it does not create unincorporated territory surrounded by municipal boundaries. The bill requires the municipality to assess any debt associated with the property within 30 days of receiving the petition and stipulates that deannexation becomes effective 60 days after the petition is submitted. Key provisions include the requirement for a map of the property and the cessation of municipal jurisdiction over the deannexed territory on the operative date.
Tennessee SB0965 authorizes a tourism development authority that owns property within a municipality to petition for the deannexation of that property, provided it does not create unincorporated territory surrounded by municipal boundaries. The bill requires the municipality to assess any debt associated with the property within 30 days of receiving the petition and stipulates that deannexation becomes effective 60 days after the petition is submitted. Key provisions include the requirement for a map of the property and the cessation of municipal jurisdiction over the deannexed territory on the operative date.
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