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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