Tenn. Code Ann. § 12-2-304: Municipality's obligations not within debt limitations

The obligations assumed and undertaken by a municipality pursuant to a lease or sublease made under § 12-2-302(3) , including any unconditional or other obligation to pay rentals for a fixed term or terms, shall not be deemed or construed as constituting a debt of the municipality within the terms, provisions or limitations of any constitutional, statutory, charter or other limitations.