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Form a Business

Authority to create revolving fund; loans to property owners for purpose of making service connections.

Memphis Charter, art. 65, § 690
in effect
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Sec. 690. - Authority to create revolving fund; loans to property owners for purpose of making service connections. The Light, Gas and Water Commissioners are authorized and empowered to set aside from any available funds of Memphis light, gas and water division a revolving fund in an amount not to exceed one hundred thousand dollars, and said commissioners are further authorized and empowered, at their discretion, to make loans not to exceed the sum of one hundred dollars per water service, or gas service, or electric service, to any one property owner who is a citizen and resident of the City of Memphis, or Shelby County, to enable said property owner to install water, gas or electric service connections and appliances. (Priv. Acts 1939, ch. 381, § 18)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/charter?nodeId=PTICHRELA_ART65LIGAWADI_S690AUCRREFULOPROWPUMASECOFetched: 10/28/2026

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