Unless otherwise indicated in this Title 7, Chapter 1, terms in this chapter shall have the following meanings:
A. Commercial projects which are eligible for the incentives or enhancement established in Section 7.01.002 do not include retail projects.
B. "Retail" shall mean a commercial enterprise which sells tangible goods to a buyer who is the end user or consumer.
C. "New industrial or commercial project" shall mean an enterprise which is different in function from the land use or enterprise in the location being considered for incentives or enhancements.
D. Expansion of an "existing industrial or commercial project" shall mean an increase in the land, buildings, equipment or machinery of an enterprise which is the same in function as the existing land use or enterprise in the location being considered for incentives or enhancements.
E. "Compliance period" shall mean the time period specified in the agreement between the recipient and the City during which the recipient shall comply with the Section 7.01.004 criteria on which it supported its eligibility for the incentives or enhancements in Section 7.01.002. The compliance period may be longer than the time period for payment of the incentives or enhancements to the recipient.
(Ord. 1397.07.01 § 1 (part), 2000)