“100-Year Storm” means a storm that has a 1% probability of occurring at a particular location in a given year.
“100-Year Storm Flood Risk Map” means the map approved by the San Francisco Public Utilities Commission at a public hearing identifying Flood Risk Parcels in San Francisco, which map may be updated from time to time.
“Commission” means the San Francisco Public Utilities Commission.
“Deep and Contiguous Flooding” for purposes of the 100-Year Storm Flood Risk Map means flooding that (1) is at least six inches in depth and (2) covers a contiguous area the size of at least half a City block.
“Disclosure Statement” means the disclosure statement in Section 5102(b).
“Execution” means the making or acceptance of an offer.
“Flood Risk Parcel” means a parcel that has been identified as subject to Deep and Contiguous Flooding in a 100-Year Storm on the most recently published 100-Year Storm Flood Risk Map, including, without limitation, parcels that are used for residential, commercial, industrial, and other uses.
“Transfer” means the transfer, sale, grant, gift, exchange, lease, or sublease (regardless of duration of the Transfer) of all or part of a Flood Risk Parcel. A Transfer does not include those transfers listed in California Civil Code Section 1102.2, as amended from time to time. For purposes of this Article 51, a Transfer may be accomplished without or with a contract, including, but not limited to, a deed, a purchase and sale agreement, an installment land sale contract, a lease with an option to purchase, any other option to purchase, a ground lease coupled with improvements, or any other lease.
“Transferee” means a recipient of all or part of a Flood Risk Parcel in a Transfer, including, without limitation, a buyer, tenant, exchangee, or grantee.
“Transferor” means a conveyor of all or part of a Flood Risk Parcel in a Transfer, including, without limitation, a seller, landlord, exchanger, or grantor, and including the City and County of San Francisco.
(Added by Ord. 35-19, File No. 181108, App. 3/8/2019, Eff. 4/8/2019)