As used in this article, the following words and phrases shall
have the meaning set forth below:
DETERIORATED PROPERTY
A dwelling unit located in a deteriorated neighborhood or
a dwelling unit which has been or upon request is certified by a health,
housing or building inspection agency as unfit for human habitation
for rent withholding, or other health or welfare purposes, or has
been the subject of an order by such an agency requiring the unit
to be vacated, condemned or demolished by reason of noncompliance
with laws, ordinances or regulations.
DWELLING UNIT
A house, apartment or group of rooms intended for occupancy
as separate living quarters by family or other groups or a person
living alone, containing a kitchen or cooking equipment for the exclusive
use of the occupants.
IMPROVEMENT
Repair, construction or reconstruction, including alterations
and additions, having the effect of rehabilitating a structure so
that it becomes habitable or attains higher standards of housing safety,
health or amenity, or is brought into compliance with laws, ordinances
or regulations governing housing standards. Ordinary upkeep and maintenance
shall not be deemed an improvement.
INVESTMENT OPPORTUNITY AREAS
All that area within the boundaries of the Borough of Kane
which have been found after public hearing and notice to be deteriorated
neighborhoods.
LOCAL TAXING AUTHORITY
The Borough of Kane, Kane Area School District, the County
of McKean, or any other governmental entity having the authority to
levy real property taxes within the Borough of Kane.
RESIDENTIAL CONSTRUCTION
The building or erection of dwelling units, as defined above,
upon vacant land or land specifically prepared to receive such structures.