§ 840.01 PURPOSE; CONVERSION.
   (a)   A MODEL HOME is a building or structure existing or proposed to be constructed within the confines of a subdivision which offers lots for sale to the public. The purpose of the model home is to expose to the public the type of homes that will be constructed within the subdivision and to that end may have displayed within it maps, pictures, brochures, building materials, other materials, information and contractors.
   (b)   The model home may be used as a place to conduct the business of the subdivision and the sale of homes to be constructed within the subdivision as long as there are lots still being offered for sale to the public.
   (c)   Once structures are erected on 60% of the lots in a subdivision, the builder and/or developer shall discontinue the use of the model home for this purpose and will be given 90 days to convert the model home to a speculation home or spec. home.
   (d)   A SPECULATION HOME or SPEC. HOME, as used herein, means a building or structure existing or proposed to be constructed for the purpose of being offered for immediate sale to the public and shall not be used as a model home.
   (e)   A spec. home may be constructed on any residential lot which meets the requirements of present zoning.
(Ord. 1989-57, passed 9-18-1989)