§ 2-56-11. Powers generally; authority.
A.
The transit authority board shall have the right to make any and all contracts necessary, appropriate, or convenient for the full exercise of the powers herein granted, including, but not limited to, contracts with any person, firm, federal agency, municipality, or public or private corporation relating to the acquisition, construction, maintenance, and operation of all or any part of any transportation system, and contracts for grants or other financial assistance from any state or federal agency.
B.
The transit authority board shall have the authority to purchase liability and property damage insurance in such amounts as they determine is necessary and develop transit programs and plans and be responsible for encouraging and establishing public transit as a viable transportation alternative.
C.
The transit authority board shall have no power to incur indebtedness, issue any notes or other obligations constituting a lien upon the properties, real or personal, used in the system for the purpose of transporting passengers, sell, purchase or lease real estate or enter into any service and operation agreements with any other governmental jurisdiction for transportation services, except with the approval of the mayor and city council.
D.
The transit authority board shall prepare an annual operating and capital budget in accordance with procedures established by the mayor and shall submit the same in the time designated by the mayor to be submitted with the general budget request of the city for consideration by the council, such budget submitted by the transit authority board to the director of finance and administration, to thereafter be submitted to the mayor for submission to the council in the annual budget request book using the same format and accounting methods used in budget presentations by the divisions of city government.
E.
The MATA board shall have authority to select and determine all routes and scheduling of the transportation system.
(Code 1967, § 2-289; Code 1985, § 2-346; Ord. No. 2252, § 12, 5-13-1975; Ord. No. 4230, §§ 2, 3, 11-9-1993; Ord. No. 4326, § 2, 5-16-1995)
State law reference
General powers of transit authorities, T.C.A. § 7-56-101 et seq.