As used in this part, unless the context otherwise requires:

(1) “Assessed value” means value as assessed for municipal property tax purposes;

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Tennessee Code 7-84-503

  • Board: means the board of assessment commissioners. See Tennessee Code 7-84-103
  • District: means the central business district created by ordinance or resolution by a municipality, or a corridor of central business districts created by joint agreement of two (2) or more municipalities. See Tennessee Code 7-84-103
  • Establishment ordinance: means the ordinance of the governing body adopted pursuant to §. See Tennessee Code 7-84-503
  • Governing body: means the council, commission, board or other body exercising general legislative power in the municipality. See Tennessee Code 7-84-503
  • Metropolitan government: means the political entity created by consolidation of all, or substantially all, of the political and corporate functions of a county and a city or cities. See Tennessee Code 7-1-101
  • Municipality: means any incorporated city, town or metropolitan government of this state exercising general governmental functions in the state. See Tennessee Code 7-84-503
  • Owner: means record owner in fee, or a duly authorized representative. See Tennessee Code 7-84-503
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
  • Representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(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 representative.