As used in this Chapter, the following definitions shall apply:
(1) Financial Assistance. As defined in Section 17-1401 of the Code, but not including: (a) a grant provided to a not-for-profit organization for the purpose of providing a social service function, such as child welfare or public health services, unless a primary purpose of the grant is job creation; (b) a Water Department grant for stormwater management; (c) a grant or other financial assistance provided for the purpose of developing affordable housing.
(2) Subsidy. A reduction in any tax obligation to the City or State; a TIF; a grant of funds from any governmental source; a loan or loan guarantee from any governmental source pursuant to which interest or other cost obligations are less than the recipient would have been required to otherwise pay to obtain a loan; acquisition or the leasing of real property from a government source at less than fair market value; or the receipt of any other thing of significant monetary value from a governmental source, not including a license, permit, zoning change or other regulatory or legislative approval.
(3) Covered Business.
(a) A business located in an area of the City identified in subsection 19-3201(1) of this Code and that has annual gross revenues of more than two million dollars ($2,000,000) in the relevant calendar year;
(b) A business that receives Financial Assistance, when specific Council approval was required in connection with the assistance, such as with respect to land transfers, certain leases and City capital expenditures. The requirements of this Chapter shall be deemed imposed on such a business regardless whether such requirement was specifically identified in the Council approval; or
(c) A business that receives Financial Assistance but that does not meet the definition of a Covered Business under subsection (a) or (b).
(4) Jobs created. Jobs that account for a net increase in the number of individuals employed by a business in the City between the start of a calendar year and the end of that calendar year.
(5) Full-time employee. A person employed, on average, for 35 hours or more per week.
(6) Part-time employee. A person employed, on average, for fewer than 35 hours per week.
(7) Temporary employee. A person employed on a seasonal basis or for a limited period of time.
(8) Department. The Department of Commerce.