For the purpose of this subchapter the following definitions shall apply unless the context clearly indicates or requires a different meaning.
ADMINISTERING AGENCY. The City of Fort Thomas.
ASSESSMENT or REASSESSMENT MORATORIUM. The act of deferring the value of the improvements from the taxable assessment of qualifying units of real property for a maximum period of five years.
CBD STRUCTURE. Any structure located within the Central Business District (CBD) zoning classification as outlined in the official zoning ordinance of the City of Fort Thomas and which is 25 years old or older.
COMMERCIAL FACILITY. Any structure the primary purpose and use of which is the operation of a commercial business enterprise and which is 25 years old or older.
LEGISLATIVE BODY. The city council in a city operating pursuant to KRS 83A.130.
LOCAL GOVERNMENT. A county, municipal corporation or urban-county government.
REHABILITATION. The process of returning an existing structure to a state of utility through repair or alteration which makes possible an efficient contemporary use.
REPAIR. The reconstruction or renewal of any part of an existing structure for the purpose of maintenance.
RESTORATION. The process of accurately recovering the form and details of a structure and its setting as it appeared at a particular period of time by removal of later work or by the replacement of missing earlier work.
ROUTINE UPKEEP. Activities periodically required to properly take care of a property against normal "wear-and-tear".
STABILIZATION. The process of applying measures designed to reestablish a weather resistant enclosure and the structural stability of an unsafe or deteriorated property while maintaining the essential form as it exists.
(Ord. O-11-02, passed 6-3-02)