House Bill 65, sponsored by Bulso, amends Tennessee Code Annotated, Title 6, to expand the powers of cities incorporated under a general law city manager-commission charter. The bill introduces a new provision that allows these cities to contract with private entities for the development, construction, management, or operation of indoor or outdoor sports facilities. This new authority includes the ability to negotiate terms related to the division of operating revenues or losses, lease or sale agreements, management fees, and any other terms deemed beneficial for the city and its residents.
Additionally, the bill redesignates the existing subdivision (33) as subdivision (34) within Section 6-19-101(a) of the Tennessee Code Annotated. The new subdivision (33) specifically outlines the conditions under which cities can engage with private entities for sports facility projects, thereby enhancing local governance and economic development opportunities in the realm of sports and recreation. The act is set to take effect immediately upon becoming law, emphasizing its importance for public welfare.
Statutes affected: Introduced: 6-19-101(a), 6-19-101