7-84-603 - Part definitions.
7-84-603. 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 inner-city redevelopment district means the inner-city redevelopment district created by the establishment ordinance of the municipality;
(3) District management corporation means the board or organization created or appointed pursuant to § 7-84-619;
(4) Establishment ordinance means the ordinance of the governing body adopted pursuant to § 7-84-615 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 § 7-84-611(1) requesting the establishment of a district pursuant to this part;
(7) Initiating resolution means the resolution adopted by the governing body pursuant to § 7-84-611(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 duly authorized representative.
[Acts 2003, ch. 195, § 1.]