The following
terms, whenever used or referred to in this Chapter, shall, unless
a different intent clearly appears from the context, be construed
to have the following meanings:
AREA
That portion of the City which the Board of Aldermen has
found or shall find to be blighted, so that the clearance, replanning,
rehabilitation or reconstruction thereof is necessary to effectuate
the purposes of this Chapter. Any such area may include buildings,
structures or improvements not in themselves blighted, and any real
property, whether improved or unimproved, the inclusion of which is
deemed necessary for the effective clearance, replanning, reconstruction
or rehabilitation of the area of which such buildings, improvements
or real property form a part.
BLIGHTED AREA
Those portions of the City which the Board shall determine
that by reason of age, obsolescence, inadequate or outmoded design
or physical deterioration have become economic and social liabilities
and that the conditions in such localities are conducive to ill health,
transmission of disease, crime or inability to pay reasonable taxes.
BUSINESS
Any commercial enterprise or not-for-profit entity having
lawful occupancy of a premises. However, in no event shall a home
occupation constitute a business.
DEVELOPMENT COST
The amount determined by the Commission to be the actual
cost of redevelopment, or of that part thereof for which such determination
is made. The term shall include, among other costs, the reasonable
expense of planning the redevelopment, including preliminary studies
and surveys, neighborhood planning, and architectural and engineering
services, the reasonable value of the services performed in connection
with the development plan, interest during construction, the actual
cost of the real property, the actual cost of demolition of existing
structures, the actual cost of utilities, landscaping and roadways,
the actual cost of construction, equipment and furnishing of buildings
and improvements, including architectural, engineering and builder's
fees, the actual cost of reconstruction, rehabilitation, redevelopment,
remodeling, or initial repair of existing buildings and improvements,
reasonable management and operations costs until the redevelopment
is ready for use, and the actual cost of improving those portions
of the area which are to remain open spaces, together with such additions
to development costs as shall equal the actual cost of additions to
or changes in the redevelopment in accordance with the original development
plan or after approved changes therein or amendments thereto.
DEVELOPMENT PLAN
A plan, together with any amendments thereto, for the development
of all or any part of a blighted area, which is authorized by the
legislative authority of any such City.
DISPLACED BUSINESS
Any business that moves from real property within the development
area as a result of the acquisition of such property by a corporation,
its assigns or transferees, as a result of written notice by such
entities to vacate such property or in connection with the demolition,
alteration or repair of said property occurring after filing of the
development plan by any person who subsequently transfers the property
to the corporation for tax abatement purposes.
DISPLACED OCCUPANT
Any occupant who moves from real property within the development
area as a result of the acquisition of such property by a corporation,
its assigns or transferees, as a result or written notice by such
entities to vacate such property, or in connection with the demolition,
alteration or repair of said property occurring after filing of the
development plan by any person who subsequently transfers the property
to the corporation for tax abatement purposes.
HANDICAPPED PERSON
Any person who is deaf, legally blind or orthopedically disabled
to the extent that acquisition of another residence presents a greater
burden than other persons would encounter or to the extent that modifications
to the replacement residence would be necessary.
HOME OCCUPATION
Any enterprise, whether of a sales or service character,
conducted within a dwelling primarily and actually used as a residence.
MORTGAGE
A mortgage, trust indenture, deed of trust, or other instrument
creating a lien on real property to secure the payment of an indebtedness,
and the indebtedness secured by any such instrument.
OCCUPANT
A residential occupant of a building having lawful possession
thereof, and further shall include any person in lawful possession,
whether related by blood or marriage to any other occupant.
PERSON
Any individual, firm, partnership, joint venture, association,
corporation (except an urban redevelopment corporation organized pursuant
to the provisions of the "Urban Redevelopment Corporations Law"),
whether organized for profit or not, estate, trust, business trust,
receiver or trustee appointed by any State or Federal Court, syndicate,
or any other group or combination acting as a unit, and shall include
the male as well as the female gender and the plural as well as the
singular number.
REAL PROPERTY
Includes lands, buildings, structures, improvements, land
under water, waterfront property, and any and all easements, franchises
and hereditaments, corporeal or incorporeal, and every estate, interest,
privilege, easement, franchise and right therein, or appurtenant thereto,
legal or equitable, including restrictions of record, created by plans,
covenants, or otherwise, rights-of-way, and terms for years.
REDEVELOPMENT
The clearance, replanning, reconstruction or rehabilitation
of any blighted area, and the provision for such industrial, commercial,
residential, recreational or public structures and spaces as may be
appropriate, incident or appurtenant thereto.
REDEVELOPMENT PROJECT
A specific work or improvement to effectuate all or any part
of a development plan.
URBAN REDEVELOPMENT CORPORATION
A corporation organized pursuant to Chapter 353, RSMo.; except
that any life insurance company organized pursuant to the laws of,
or admitted to do business in, the State of Missouri may from time
to time within five (5) years after April 23, 1946, undertake, alone
or in conjunction with, or as a lessee of any such life insurance
company or urban redevelopment corporation, a redevelopment project
pursuant to Chapter 353, RSMo., and shall, in its operations with
respect to any such redevelopment project, but not otherwise, be deemed
to be an urban redevelopment corporation for the purposes of Section
353.020, RSMo., and Sections 353.010, 353.040, 353.060 and 353.110
to 353.160, RSMo.