Terms Used In Tennessee Code > Title 12 > Chapter 2 > Part 3 - Sales and Leases by Municipalities to and From Not-for-Profit Corporations

• Acquittal:
  1. Judgement that a criminal defendant has not been proved guilty beyond a reasonable doubt.
  2. A verdict of "not guilty."
   
• Applicant county: means any county that applies to participate in the program. See Tennessee Code 41-8-103
• Certified: refers to whether any jail, workhouse or penal farm facility has been found to have met the minimum standards for local correctional facilities as provided for in §. See Tennessee Code 41-8-103
• Commissioner: means the commissioner of correction or the commissioner's designee. See Tennessee Code 41-8-103
• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• County mayor: means and includes "county executive" unless the context clearly indicates otherwise. See Tennessee Code 1-3-105
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Governing body: includes all bodies and boards, by whatsoever names they may be known, charged with the governing of a municipality. See Tennessee Code 12-2-301
• Grant: means those funds provided under this chapter by the state to the county for which the state does not require repayment by the county. See Tennessee Code 41-8-103
• Lands: includes lands, tenements and hereditaments, and all rights thereto and interests therein, equitable as well as legal. See Tennessee Code 1-3-105
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Municipality: includes any county, city or town of the state. See Tennessee Code 12-2-301
• Not-for-profit corporation: means a general welfare corporation organized under §. See Tennessee Code 12-2-301
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Participating county: means any county having a certified or provisionally certified facility or any other county selected for participation in the program by the commissioner. See Tennessee Code 41-8-103
• Plan: means the method by which the county intends to utilize the assistance available under this chapter. See Tennessee Code 41-8-103
• program: means the method of providing financial assistance and incentive to counties for the purposes provided in this chapter, through increased subsidies, grants or loans. See Tennessee Code 41-8-103
• Project: means and includes any building, structure, facility or permanent improvement, including the necessary equipment and furnishings therefor, which a municipality proceeding under this part is authorized to own, use or operate under any other provision of law. See Tennessee Code 12-2-301
• Subsidy: means that amount of money paid by the state to a county in accordance with §. See Tennessee Code 41-8-103
• Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105