§ 2.212.010. Definitions.

"Board" means the Industrial Development Board of the Metropolitan Government of Nashville and Davidson County.

"ECD" means the mayor's office of economic and community development.

"Full-time job" means a job provided by a qualified small business at a qualified project site at which the person employed in such job is compensated for working at least thirty hours per week at the qualified project site.

"Metropolitan government" means the Metropolitan Government of Nashville and Davidson County.

"Prohibited business" means construction, restaurants, limited-service restaurants, nightclubs, hotels/motels, tattoo parlors, body piercing shops, cash advance, check cashing, title loan, pawnshops, adult entertainment, automobile sales, automobile service and/or repair, automobile parking, landfills, wrecker services, and businesses operating from residential property.

"Qualified project" means property located within the boundaries of the metropolitan government occupied by a qualified small business.

"Qualified project site" means a singular physical location at which a qualified small business operates.

"Qualified small business" means a company or firm that meets all of the following criteria:

1.

The company or firm is engaged in a for-profit service or manufacturing industry that is not a prohibited business as defined herein;

2.

Creates a minimum of ten new full-time equivalent jobs at the qualified project site within a twelve-month period at the qualified project site who are making an average wage rate equal to or greater than eighty percent of the annual wage rate average for all occupations within the Nashville-Davidson County Metropolitan Statistical Area as published by the United States Department of Labor, Bureau of Labor Statistics; and

3.

Has a maximum of one hundred full-time equivalent jobs prior to applying for a small business economic development incentive grant under this chapter.

"Veteran" means a person who has served in and been discharged honorably from the Armed Forces of the United States.

(Ord. BL2014-990 § 1, 2015; Ord. BL2013-420 § 1, 2013)