Algood - Subject to local approval, authorizes the city to lease real, mixed, and personal property inside or outside of the city. - Amends Chapter 78 of the Private Acts of 2014.

This bill amends the city charter for Algood, Tennessee, to allow the city government to lease, buy, sell, or hold various types of property both within and outside its boundaries. The change requires a two-thirds vote by the City of Algood's legislative body to take effect, ensuring local approval before the new powers are activated. Once approved, the city will have the legal authority to manage its assets more flexibly for the benefit of the municipality.