As used in this subchapter, unless the context otherwise requires:
(1) “Acquire” means obtain property rights by gift, purchase, devise, bequest, eminent domain, lease, sublease, assignment of lease, or any combination or variant of these means;
(2) “Assessed value” means value as assessed for ad valorem property tax purposes;
(3) “Board” means the board of commissioners appointed;
(4) “District” means the central business improvement district created by ordinance of the municipality;
(5) “Governing body” means the city council, board of directors, commission, or other municipal body exercising general legislative power in the municipality;
(6) “Municipality” means any city having the population required by § 14-184-107;
(7) “Owner” means record owner in fee simple;
(8) “Plan or plan of improvement” means the general design plan, including any amendments to it that may be made from time to time of the proposed improvements in the district.