![]() ![]() (11) "Redeveloper" means any individual, partnership, or public or private corporation that shall enter or propose to enter into a contract with a commission for the redevelopment of all or any part of a redevelopment area under the provisions of this chapter. (10) "Parent municipality" means the municipality or municipalities creating a commission. (9) "Obligee of the commission" or "obligee" means any bondholder, trustee or trustees for any bondholders, any lessor demising property to a commission used in connection with a redevelopment project, or any assignees of such lessor's interest, or any part thereof, and the federal government, when it is a party to any contract with a commission. (8) "Municipality" means any incorporated city or town or any county. (7) "Government" means the state and federal governments or any subdivision, agency, or instrumentality, corporate or otherwise, of either of them. (6) "Governing body" means in the legislative body of a municipality. (5) "Conservation area" means any improved area that is not yet a blighted area but, because of a combination of three or more of the following factors: dilapidation obsolescence deterioration illegal use of structures presence of structures below minimum code standards abandonment excessive vacancies overcrowding of structures and community facilities lack of ventilation, light, or sanitary facilities inadequate utilities excessive land coverage depreciation of physical maintenance or lack of community planning, is detrimental to the public safety, health, morals, or welfare and may become a blighted area. (4) "Commission" means a public body and a body corporate and politic created and organized in accordance with the provisions of this chapter. ![]() (3) "Bonds" means any bonds, interim certificates, notes, debentures or other obligations of a commission issued pursuant to this chapter. (2) "Blighted area" means any improved or vacant area where if improved, industrial, commercial, and residential buildings or improvements, because of a combination of five or more of the following factors: age dilapidation obsolescence deterioration illegal use of individual structures presence of structures below minimum code standards excessive vacancies overcrowding of structures and community facilities lack of ventilation, light, or sanitary facilities inadequate utilities excessive land coverage deleterious land use or layout depreciation of physical maintenance lack of community planning, are detrimental to the public safety, health, morals, or welfare or, if vacant, the sound growth is impaired by (a) a combination of two or more of the following factors: obsolete platting of the vacant land diversity of ownership of such land tax and special assessment delinquencies on such land deterioration of structures or site improvements in neighboring areas adjacent to the vacant land or (b) the area immediately prior to becoming vacant qualified as a blighted area. (1) "Area of operation" means the area within the territorial boundaries of the municipality or municipalities for which a particular commission is created. The following terms where used in this chapter, shall have the following meanings, except where the context clearly indicates a different meaning: This chapter may be cited as the "Community Development Law". ![]()
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