As used in this chapter, unless the context otherwise requires:
(1) “Authority” means a port authority created pursuant to this chapter;
(2) “Board” means the board of commissioners of an authority;
(3) “Bonds” or “revenue bonds” means bonds, notes, interim certificates or other obligations of an authority issued pursuant to this chapter, or pursuant to any other law, as supplemented by, or in conjunction with, this chapter;
(4) “Executive officer” means the mayor, county mayor, or other chief executive of a municipality;
(5) “Governing body” means the body in which the general legislative powers of a municipality are vested;
(6) “Municipality” means any county or incorporated city or town in this state with respect to which an authority may be organized;
(7) “Port” means and includes any one (1) or more harbors or ports and related facilities, including, but not limited to, land and interests in land, wharves, piers, loading and unloading machinery, scales, transportation equipment, harbor and riverfront or lake front improvements, buildings, storage and transfer facilities, elevators, railroads, switchyards, concentration yards, roads, bridges, communication, electric power, gas, water and all other utility facilities and such other structures, facilities and improvements necessary or convenient to the development of harbors and river ports and for the promotion either directly or indirectly of trade, industry, and commerce; and
(8) “State” means the state of Tennessee.