Contents of Establishment Ordinance
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Law
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Tennessee Code
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Consolidated Governments and Local Governmental Functions and Entities
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Central Business Improvement District Act of 1971
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Central Business Improvement District Act of 1990
- Contents of Establishment Ordinance
The establishment ordinance adopted by the governing body of the municipality shall include:
- The name of the district as set forth in the original or amended initiating petition or initiating resolution;
- A description of the boundaries of the district as set out in the original or amended initiating petition or initiating resolution;
- A statement that the properties in the area established by the ordinance shall be subject to the provisions of the special assessment;
- A statement of the improvements, services, and projects authorized to be provided within and for the district and other proposed uses of special assessment revenues within the district;
- The initial or additional rate of levy of the special assessment to be imposed with a breakdown by property classification if classifications are used;
- The time and manner in which special assessments authorized by the ordinance shall be paid;
- If the governing body desires to create or appoint a district management corporation as provided in § 7-84-502, such creation or appointment; and
- A statement that the district is established pursuant to this part and that the administration of such district shall be governed by this part.
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