(a) "New business" means any new commercial, wholesale, retail, manufacturing, professional service business, and all other service business excluding financial institutions, public utilities, local cable television companies, contractors, transient businesses, and the rental of real property, provided that the rental of qualified real property is not excluded, which physically locates its principal place of business within the corporate limits of the City within specified and designated commercial areas of the City, defined in this article, either by purchase of real property or by virtue of a rental agreement or lease and whose gross receipts are subject to the City's business and occupation tax, and is not currently paying such tax provided that "New Business" shall not include an existing business located within a designated eligibility area which simply changes its business name or form of entity.
(b) "Professional service business" includes medical offices, doctors, dentists, lawyers, accountants, engineers, architects, surveyors, real estate, appraisers, etc.
(c) "Annexed business" includes existing commercial, wholesale, retail, manufacturing, or service businesses which are brought within the corporate limits of the City by way of annexation by minor boundary adjustment.
(d) "Expanded business" includes existing commercial, wholesale, retail, manufacturing, or service businesses, excluding financial institutions, public utilities, local cable television company, and businesses involving residential rental property, which have their principal place of business physically located within the corporate limits of the City which have been renovated, modernized, enlarged, etc. and those businesses which have been acquired by another person or entity for the purpose of continuing the same business operation while increasing the economic productivity of the business. Expansion of business shall not include business maintenance and repair expenses and exterior building improvements.
(e) "New employee" means a person who is hired and employed in a new business,
annexed business, or expanded business, who was not previously employed within the corporate limits of the City by such business. A new employee shall be employed at least forty (40) hours per week.
(f) "New job" means a job which is directly attributable to the qualified investment and is filled by a new employee hired by the business.
(g) "Central Business District" for the purpose of this article, includes any business
located in the area described and as follows:
(1) Washington Avenue from Water Street to Chestnut Street; from the intersection of West Main Street and Chestnut Street down West Main Street to the intersection at West Main Street and West Pike Street at the area known as the "Angle".
(2) Pike Street from Monticello Avenue to the intersection of West Pike Street and West Main Street at the area known as the "Angle".
(3) Main Street from Monticello Avenue to the intersection of West Pike Street and West Main Street at the area known as the "Angle".
(4) South 2nd, 3rd, 4th, 5th, and 6th Streets between Washington Avenue and Elk Creek.
(5) Traders Alley between South 2nd Street and South Chestnut Street.
(6) Hewes Avenue between South 2nd Street and South 6th Street.
(h) "Glen Elk I District" is that district which as the following boundaries: Beginning at the intersection of Baltimore Avenue and North Third Street; thence northwest along Baltimore Avenue to Elk Street; thence southerly along Elk Street to Werninger Street; thence southeast along Werninger Street to Ford Street; thence along Ford Street to North Fourth Street; thence along North Fourth Street to Clark Street; thence southeast along Clark Street to North Third Street; thence northeast along North Third Street to the beginning.
(i) "Glen Elk II District" is that district which has the following boundaries:
Beginning at the intersection of Delaware Avenue and Ohio Avenue; thence northwest along
Ohio Avenue to North Eighth Street; thence northeast along North Eighth Street to Pennsylvania Avenue; thence southeast along Pennsylvania Avenue to Delaware Avenue; thence south along Delaware Avenue to the beginning.
(j) "Business and Technology Centre" is that area formerly known as West Virginia Life Science Center which contains approximately 811.2 acres, more or less, which is more
particularly described in the Harrison County Commissioners Orders at page 193.
(k) Montpelier Addition Commercial Area is that area to include Ohio Avenue
between Stiles Street and North Florence Street and those portions of Stiles Street and Snyder
Street which are currently zoned for business.
(l) “Qualified Real Property" is a parcel of real property or parcels of real property
operated as a singular entity wherein at least eight Residential Rental Units are situate.
(m) "Residential Rental Unit" is a portion of a building, structure, or collection of buildings and structures operated as a single unit offered for rent to an individual person or family for dwelling purposes.
(n) "Tolley Drive District" is that district which is situate within the City's corporate limits and which is situate to the east of I-79 and the north of U.S. Route 50.
(Ord. 22-3. Passed 2-17-22.)