The following definitions shall apply to the terms of this chapter:
ESTIMATED CONSTRUCTION COST: In accordance with section 9-1-2 of this title, the estimated construction cost shall be determined by the Charleston building code official using figures and methods provided by the International Code Council.
EXISTING EXPANDING BUSINESS: All businesses that possess a FEIN and that employ at least one employee that transacted business at or from a location within Charleston at the time of passage of this chapter that undertakes to enlarge or substantially modify its operation with the intent of drawing or serving more customers or employing more persons within the city of Charleston.
EXISTING STRUCTURE: A commercial, residential, professional, industrial, or storage building constructed prior to the date of this chapter for which a certificate of occupancy had been issued prior to May 1, 2017, that is properly zoned, or can be rezoned, for business, commercial and/or industrial uses.
NEW NONRETAIL BUSINESS: All nonretail businesses, including, for example, but without limitation, industrial and professional businesses, that possess a FEIN and that employ at least one employee that either did not previously exist or that did not transact business at or from a location in Charleston.
NEW RETAIL BUSINESS: All businesses subject to the Illinois retailers' occupation tax act, 35 Illinois Compiled Statutes 120/1 et seq., that either did not previously exist or did not previously conduct retail business transactions from a physical location in Charleston.
PROPERTY TAX ABATEMENT: Any of the authorized abatements of the city's property taxes found at 35 Illinois Compiled Statutes 200/18-165 et seq.
SALES TAX: The tax known as the Illinois retailers' occupation tax, set forth in 35 Illinois Compiled Statutes 120/1 et seq. (Ord. 17-O-16, 4-18-2017)