(1) “Authority” or “parking authority” means any public corporation organized pursuant to this chapter;

(2) “Board” means the governing body of any authority created pursuant to this chapter;

(3) “Bonds” means bonds, notes, interim certificates or other obligations of an authority issued by its board of directors pursuant to this chapter;

(4) “Executive officer” means, with respect to a city or town, the mayor or other officer of the city or town exercising similar executive powers, and with respect to a county, means the county mayor or other officer of the county exercising similar executive powers;

(5) “Existing parking authority” means any public corporation or body politic and corporate or agency of the state of Tennessee or of any city or town in the state created by special or private act primarily for the purpose of planning, constructing, financing or operating parking facilities;

(6) “Governing body” means the body in which the general legislative powers of a municipality, county, or counties having a metropolitan form of government are vested;

(7) “Municipality” means any county or incorporated city or town in this state with respect to which an authority may be organized; and

(8) “Project” means a lot or lots, buildings and structures above, at or below the surface of the earth, including, but not limited to, rights-of-way, equipment, entrances, exits, driveways, approaches, ramps, garages, meters, pedestrian ways, fencing, landscaping and all other facilities and accessories necessary or desirable for or in connection with the parking or storing of vehicles of any kind, and ancillary spaces, uses, and structures related to, located within or adjacent to the facilities and accessories.