Bill > HB2976

This bill creates and establishes the "West Tennessee Regional Utility Authority" for Tipton County, subject to local approval. The Authority will be a public and governmental body responsible for planning, acquiring, operating, and financing water and/or wastewater systems in Tipton County and potentially other surrounding areas that join the Authority through membership agreements. The Authority will have the power to issue bonds and notes, set rates and fees, condemn property, and enter into various agreements with the creating and participating governmental entities. The bill also outlines the structure and governance of the Authority, including its board of directors, executive director, and budgeting and auditing requirements.