As used in this article, the following terms shall have the meanings indicated:
Bergenfield Economic Special Improvement District, Inc. (also referred to as "management corporation"), an entity incorporated pursuant to Title 15A of the New Jersey statutes and designated by municipal ordinance to receive funds collected by a special assessment within the Special Improvement District, as authorized by this article and any amendatory supplementary ordinances.
An area within the Borough of Bergenfield designated by this article as an area in which a special assessment on property within the district shall be imposed for the purpose of promoting the economic and general welfare of the district and the municipality.