3.04.230: ECONOMIC DEVELOPMENT FUND; DEFINITIONS:
For the purposes of this chapter:
CAPITAL PROJECTS: Buildings and related improvements which are owned and operated by a 501(c)(3) organization, as defined in the United States Internal Revenue Services Code and regulation, or by an agency sponsored by the State, a county, municipality or other governmental agency, provided all other requirements are satisfied.
INFRASTRUCTURE: The relocation, installation, repair or improvement of traffic control devices and related improvements, including traffic islands, water, sewer, storm drains, power facilities, curb, gutter and sidewalk.
MODERATE AND LOW INCOME: The most recent income levels set by Community Development Block Grant (CDBG) rules and regulations to determine an organization's qualification to receive CDBG funds. (Ord. 17-17)