§ 39.076 BUSINESS ENHANCEMENT; TAX CREDIT DEFINITIONS.
   For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
   ANNEXED BUSINESSES. Includes existing commercial, wholesale, retail, manufacturing, or service businesses which are brought within the corporate limits of the city by way of annexation by minor boundary adjustment.
   EXPANDED BUSINESS.
      (1)   Includes existing commercial, wholesale, retail, manufacturing, or service businesses, excluding banking or financial institutions, public utilities, local cable television company, and business involving residential rental property, which have their principal place of business physically located within the corporate limits of the city which have been renovated, modernized, enlarged, and the like, and those businesses which have been acquired by another person or entity for the purpose of continuing the same business operation while increasing the economic productivity of the business.
      (2)   EXPANSION OF BUSINESS shall not include business maintenance and repair expenses and exterior building improvements.
   NEW BUSINESS. Any new commercial wholesale, retail, manufacturing, professional service business, and all other service businesses, excluding banking or financial institutions, public utilities, local cable television company, and business involving residential rental property, which physically locales its principal place of business within the corporate limits of the city, defined in this subchapter, either by purchase or real property or by virtue of a rental agreement or lease and whose gross receipts are subject to the city’s business and occupation tax, and is not currently paying such tax.
   NEW EMPLOYEE. A person who is hired and employed in a new business, annexed business, or expanded business, who was not previously employed within the corporate limits of the city by such business. A NEW EMPLOYEE shall be employed at least 40 hours per week.
   NEW JOB. A job which is directly attributable to the qualified investment and is filled by a new employee hired by the business.
   PROFESSIONAL SERVICE BUSINESS. Includes medical officers, doctors, dentists, lawyers, accountants, engineers, architects, surveyors, real estate, appraisers, and the like.
   USE. Property is said to be in use when the property is placed in a condition or state of readiness for a specifically assigned function from which new jobs have been created within the city.
   WARD I. Any business which is located in the voting district of the First Ward as designated for the purposes of elections held within the City of Weston. WARD I is more specifically defined as follows: beginning at the point on the corporation line where the Court House Magisterial District and Freeman’s Creek Magisterial District join and running on the magisterial line to the intersection of Plum Street and Pleasant Street, northwest on Pleasant Street to the intersection of Second Street; thence in an easterly direction to Court Avenue, south on Court Avenue 60 feet to an unopened alley, thence east to Bowie Street and the corporation line. WARD I has also been known as the COURT HOUSE DISTRICT.
   WARD II. Any business which is located in the voting district of the Second Ward as designated for the purposes of elections held within the city. WARD II is more specifically defined as follows: beginning at the point where West Second Street crosses the West Fork River and proceeding west on West Second Street to Pleasant Street, thence south to Plum Street and there along the magisterial lines of adjoining Court House District and Freeman’s Creek District to the corporate line; thence west along the corporate limits to the vicinity of Edgewood Drive, north along the corporate line to Craig Street, then east along the corporate line to the intersection of Peggy Street, then north on Peggy Street to Spring Street, thence southeast to Summit Street, then along Summit Street to the intersection of View Street, thence south on View Street to the intersection of West Fourth Street, following West Fourth Street to the West Fork River. WARD II is also known as the FREEMAN’S CREEK DISTRICT.
   WARD III. Any business which is located in the voting district of the Third Ward as designated for the purposes of elections held within the city. WARD III is more specifically defined as follows; beginning at a point where West Fourth Street crosses the West Fork River and following the river Northeast to the intersection of East Sixth Street and Main Avenue, then northeast to the corporation line; following the corporation line to beyond Blue Street, thence to the West Fork River and following the West Fork River along the corporate line to Butcher’s Lane; thence south to a point where the corporation line intersects Spring Street Extended, then back along Spring Street, Summit Street, and West Fourth Street to the West Fork River. WARD III is also known as FREEMAN’S CREEK DISTRICT AND HACKERS CREEK DISTRICT.
   WARD IV. Any business which is located in the voting district of the Fourth Ward as designated for the purposes of elections held within the City of Weston. WARD IV is more specifically defined as follows: beginning at the bridge on Second Street over the West Fork River and proceeding along East Second Street to Court Avenue, 60 feet along Court Avenue to an unopened alley and then east to the corporation line above Bowie Street, thence following the corporation line Northwest to the intersection of East Sixth Street and Main Avenue; thence along the West Fork River South to Second Street. WARD IV is also known as the HACKERS CREEK DISTRICT.
(Ord. passed 12-18-1998)