For the purpose of this chapter, the following definitions shall apply unless the context indicates or clearly requires a different meaning.
"PROPERTY." All real and personal property within the corporate city limits of the city on January 1 of each calendar year except for property exempt by statute or subject only to taxation by the Commonwealth of Kentucky, and includes all personal property of persons domiciled or actually residing within the city on January 1.
"REAL PROPERTY." All lands within the city and improvements thereon. "Personal Property" includes every species and character or property, tangible and intangible, other than real property.
(Ord. 99-T-1, passed 9-22-99)