For purposes of this chapter, the following terms shall have the meanings ascribed to them in this section, unless a different meaning is clearly indicated in the context:
   (a)    "Community Development Plan" or "Plan" means a plan, as it exists from time to time, for the renewal or redevelopment of all or a Deteriorated Area.
   (b)    "Deteriorated Area" means an area within the corporate limits of the Village containing a significant proportion of structures, either residential or nonresidential, that:
      (1)    By reason of deterioration, dilapidation, age or obsolescence, inadequate provision for ventilation, light, air, sanitation, or open spaces, unsafe or unsanitary conditions, or the existence of conditions which endanger lives or properties by fire or other hazards and causes; or
      (2)    By reason of location in an area evidencing conditions of defective or inadequate street layout, faulty lot layout in relationship to size, adequacy, accessibility, or usefulness of the land, incompatible land uses or land use relationships, overcrowding of structures on the land, excessive dwelling unit density, diversity of ownership, tax or special assessment delinquency exceeding the fair value of the land, or defective title; or
      (3)    By reason of the existence of any other conditions of deterioration or hazards to health and safety, in connection with a significant proportion of the structures or the area or by reason of any combination of the foregoing, is an area which substantially impairs or arrests the sound growth of the Village, retards the provision of housing accommodations, or constitutes an economic or social liability, and is detrimental to the public health, safety, morals or welfare in its present condition and use.
   (c)    "Project Area" means an area which Council designates to be of a character and size appropriate for community development activities and for which a Community Development Plan is proposed by Council or the Planning Commission.
(Ord. 91-118. Passed 6-3-91.)