(a) The Lauderdale County Community Development Commission is hereby created. The commission may receive and by majority vote distribute any funds in the Community Development Fund created pursuant to subsection (d) for the purposes of promoting economic development, education, recreation, conservation, and fire protection. The commission may also expend funds for the purposes authorized in Section 29-2-120.
(b) The commission shall be comprised of the following members who shall administer this section and who shall be eligible for successive terms:
(1) An elected Lauderdale County official appointed by joint agreement by the legislative delegation representing Lauderdale County for a term of one year or until a replacement is appointed.
(2) A person appointed by each senator representing Lauderdale County whose term shall coincide with the term of the senator or until a replacement is appointed.
(3) A person appointed by each member of the House of Representatives representing a portion of Lauderdale County whose term shall coincide with the term of the representative or until a replacement is appointed.
(c) The commission may promulgate rules related to its operations and procedures for the awarding of grants within the community for the above mentioned purposes.
(d) The Community Development Fund is created within the Lauderdale County treasury. The fund shall be comprised of the additional three percent of TVA in-lieu-of-tax payments received pursuant to Section 40-28-2, beginning with the fiscal year which began October 1, 2006. These funds shall be expended on order of the Lauderdale County Community Development Commission; however, after the establishment of an agriculture authority in the county, two-thirds of the proceeds shall be distributed to the commission and one-third of the proceeds shall be distributed to the authority.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.