Tenn. Code Ann. § 7-84-715: Establishment resolutions

The establishment resolution adopted by the governing body of the municipality must include:

(1) The name of the district as set forth in the original or amended initiating petition;

(2) An identification of each host municipality;

(3) A description of the boundaries of the district as set out in the original or amended initiating petition;

(4) A statement that the properties in the area established by the resolution must be subject to the special assessment;

(5) The name and address of the developer;

(6) A statement of the infrastructure and infrastructure costs authorized to be funded with special assessment revenues within the district;

(7) The rate of levy of the special assessment to be imposed;

(8) The time and manner in which special assessments authorized by the resolution must be paid;

(9) The portion of special assessments to be retained by the host municipality for the payment of administrative expenses, as described in § 7-84-718 ; and

(10) A statement that the district is established pursuant to this part and that the administration of such district is governed by this part.