For the purpose of review and discretionary approval of an application for a rezoning made pursuant to Article III, Section 3.09 (B) of the Charter, "economically distressed" shall mean a property where the present and likely future market conditions and/or current physical characteristics make it unsuitable or impractical to develop/redevelop under the current zoning classification. At the time of a rezoning submission, the applicant shall provide evidence of its unsuitability, which may include a market feasibility study, environmental assessment or other fact-based documentation prepared by an independent, qualified and professional third party.
(Ord. 20-O-017. Passed 2-18-20.)