For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
“AGREEMENT.” Any agreement made pursuant to this chapter between the city and an approved company with respect to economic development within the city.
“APPLICANT.” A business whose employees are primarily engaged or will be engaged in professional, administrative or technical occupations, which business proposes to locate its business in the city, and create New Jobs and that generates specified additional annual payroll within the city as hereinafter provided.
“APPLICATION.” The forms and information submitted to the city for the purposes of receiving consideration for the benefits made available by this chapter.
“APPROVED COMPANY.” An applicant that is recommended by the Mayor and approved by the City Council to have qualified for an incentive.
“APPROVED COMPANY’S EMPLOYEES.” The full or part-time employees of an approved company who perform work within the city and are subject to the city’s occupational license fee as set forth in Chapter 110 of the city’s code of ordinances.
“COMMENCEMENT DATE.” The date that the incentive is first available to the approved company as provided in the agreement.
“CITY.” The City of Bellevue, Campbell County, Kentucky.
“INCENTIVE.” The reduction in the rate and/or credits for the occupational license fees awarded to an Approved Company under the provisions of this chapter to reduce the sums otherwise owed by an approved company and/or it’s employees in consideration for the approved company locating within the city’s boundaries and creating new jobs.
“INCENTIVE YEAR.” The 12 month period beginning on the commencement date, and each 12 month period thereafter during the term for which the incentive is available to the approved company.
“NEW JOBS.” Service or technology jobs that previously did not exist in the city and which result in taxable wages of employees of the applicant as a result of the ongoing operation of an approved company’s business.
“SERVICE or TECHNOLOGY.” Those jobs defined in KRS 154.24-010(19)(a), (b) and (c) and quoted as follows:
(1) (a) Any activity involving the performance of work, except work classified by the divisions including successor divisions of agriculture, forestry, and fishing, mining, utilities, construction, manufacturing, wholesale trade, retail trade, real estate rental and leasing, public administration in accordance with the “North American Industry Classification System” as revised by the United States Office of Management and Budget from time to time, or any successor publication; or
(b) Regional or headquarters operations of an entity engaged in an activity listed in division (1)(a) of this definition.
(2) Notwithstanding division (1) of this definition, “SERVICE or TECHNOLOGY” shall not include any activity involving the performance of work by an individual who is providing direct service to the public pursuant to a license issued by the state or an association that licenses in lieu of the state unless 75% of the services provided by the eligible company from the project are provided to persons located outside the Commonwealth during the period for which it receives the inducements authorized in KRS 154.24-110.
Additionally all temporary jobs and jobs in the retail industry, restaurant, bars, hotels/motels, and sexually oriented business/adult entertainment businesses are specifically excluded.
(Ord. 2013-03-01, passed 3-13-13)