Tennessee Code 7-84-405 – Assessment of municipally-owned property authorized
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 7-84-405
- 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
- Governing body: means the council or commission or other municipal body exercising general legislative power in the municipality or any county legislative body. See Tennessee Code 7-84-103
- Municipality: means any incorporated city, town, metropolitan government, or county of this state exercising general governmental functions in the state. See Tennessee Code 7-84-103
- Property: includes both personal and real property. See Tennessee Code 1-3-105
The governing body of the municipality shall determine whether municipally-owned property located within the district shall be assessed in the same manner as private property, and, if it does so determine, shall provide for such assessments in the ordinance creating the central business improvement district as authorized in § 7-84-208(5).