General authority of commission to acquire and sell property, make contracts, etc.
Memphis Charter, art. 61, § 646
in effectSec. 646. - General authority of commission to acquire and sell property, make contracts, etc.
The said Port Commission shall have the authority and power to purchase, receive by deed or otherwise hold, lease, improve, exchange and condemn as more particularly set forth hereinafter, and/or sell real estate for the development and/or extension of the City of Memphis and County of Shelby port and harbor and the furtherance of commerce and transportation by water, railroad, truck, airplane or other transportation facilities; to contract with any person, firm, corporation or agency, public or private, with reference to any of the objects of its creation and in the performance of the duties imposed on said commission, provided, any purchase, condemnation, lease, sale or exchange of real estate shall first be approved by the Mayor and Board of Commissioners of the City of Memphis and the County Board of Commissioners of Shelby County.
(Priv. Acts 1947, ch. 500, § 11; Priv. Acts 1963, ch. 157, § 1)
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_ART61MESHCOPOCO_S646GEAUCOACSEPRMACOETFetched: 10/28/2026