§ 7-84-503 — Part definitions

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 representative.

Legislative History

Acts 1990, ch. 808, § 4.