Each municipality and county of the state is authorized and empowered to erect suitable public memorials and to contract for the erection of such memorials to the services of the members of the armed forces and veterans of the various wars in which Tennesseans have fought. The memorials selected shall be in the form of any public improvement approved as hereinafter provided by the governing body of such municipality or county and may include public buildings, hospitals, schools and auditoriums (but such enumeration shall not limit the discretion of such governing body of the municipality or county in its selection of appropriate memorials).
T.C.A. § 58-4-206