Part Definitions

  1. Law
  2. Tennessee Code
  3. Consolidated Governments and Local Governmental Functions and Entities
  4. Miscellaneous Governmental and Proprietary Functions
  5. Contracts, Leases and Lease-Purchase Agreements
  6. Part Definitions

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Whenever used in this part, unless the context otherwise requires:

  1. “Capital improvement property” means any real or tangible property needed for a governmental purpose and having a useful life of one (1) year or more, and any real or tangible personal property with respect to which capital outlay notes can be legally authorized and issued by a municipality;
  2. “Contracting party” means any party to a contract, lease or lease-purchase agreement other than a municipality, and can include individuals, corporations, partnerships, other government agencies, and other business entities;
  3. “Governing body” means the board or body in which the general legislative powers of the municipality are vested;
  4. “Municipality” means any county or incorporated city or town of the state of Tennessee;
  5. “Notice of meeting” means the notice of meeting referred to in this part; and
  6. “Resolution” means any resolution duly adopted by a governing body pursuant to this part.


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