§ 2.178.040. Definitions.

A.

As used in this ordinance, unless a contrary meaning clearly appears:

1.

"Assessed value" means value as assessed for municipal tax purposes.

2.

"District" or "South Nashville Central Business Improvement District" or "South Nashville CBID" or "SONA CBID" means the central business improvement district created by this ordinance.

3.

"District management corporation" means the board or organization created or organization appointed to act as an advisory board for the purpose of making and carrying out recommendations for the use of special assessment revenues, and for the purpose of administering activities within and for the district, and the provision of services and projects within the district.

4.

"Initiating petition" means the petition filed in the office of the metropolitan clerk requesting the establishment of the SONA CBID.

5.

"Owner" means the record owner of real property in fee or a representative of such owner duly authorized to act for and on behalf of said owner.

(Ord. BL2018-1140 § 1, 2018)