As used in this part, unless the context otherwise requires:(1) 'Assessed value' means value as assessed for municipal property tax purposes;(2) 'District' or 'central business improvement district' means the central business improvement district created by the establishment ordinance of the municipality;(3) 'District management corporation' means the board or organization created or appointed pursuant to § 7-84-519;(4) 'Establishment ordinance' means the ordinance of the governing body adopted pursuant to § 7-84-515 establishing a district;(5) 'Governing body' means the council, commission, board or other body exercising general legislative power in the municipality;(6) 'Initiating petition' means the petition filed pursuant to § 7-84-511(a)(1) requesting the establishment of a district pursuant to this part;(7) 'Initiating resolution' means the resolution adopted by the governing body pursuant to § 7-84-511(a)(2) proposing to establish a district pursuant to this part;(8) 'Municipality' means any incorporated city, town or metropolitan government of this state exercising general governmental functions in the state; and(9) 'Owner' means record owner in fee, or a duly authorized lity' means any incorporated city, town or metropolitan government of this state exercising general governmental functions in the state; and(9) 'Owner' means record owner in fee, or a duly authorized representative.Acts 1990, ch. 808, § 4.
Tennessee Legal Code