(a) “Female Business Enterprise” means a company certified by the City as a Female Business Enterprise in accordance with Chapter 187 of the Codified Ordinances or some other standard authorized by the Council.
(b) “Full Service Banking” means banking services which include, but are not limited to, use of on-site loan officers, automatic teller machines, and Saturday hours.
(c) “Low to Moderate Income” means eighty percent (80%) of the median income for the Cleveland Standard Metropolitan Statistical Area as defined in the most recent report issued by the United States Bureau of the Census.
(d) “Minority Business Enterprise” means a company certified by the City as a Minority Business Enterprise in accordance with Chapter 187 of the Codified Ordinances or some other standard authorized by the Council.
(e) “Minority Neighborhoods” means Statistical Planning Areas (SPAs) in the City with more than fifty percent (50%) non-white population.
(f) “Neighborhood development” means an organized, community-based effort involving government, non-profit neighborhood groups, financial institutions, private individuals and resident leadership with the purpose of revitalizing residential, commercial and industrial areas in urban neighborhoods.
(g) “Small Business” means a company with one hundred and fifty (150) or fewer employees or sales under five million dollars ($5,000,000.00) per year.
(Ord. No. 2353-93. Passed 2-14-94, eff. 2-23-94)