KRS 99.595: Definitions for KRS 99.595 to 99.605 and 132.452.

(1) "Administering agency" means the agency delegated responsibility by the legislative

body to implement the provisions of KRS 99.595 to 99.605 and 132.452.

(2) "Commercial facility" means any structure the primary purpose and use of which is

the operation of a commercial business enterprise and which is twenty -five (25)

years old or older.

(3) "Existing residential building" means a residential building which has been in

existence for at least twenty -five (25) years and use of which is to provide

independent living facilities for one (1) or more persons.

(4) "Legislative body" means the board of aldermen in a city of the first class operating

under KRS Chapter 83, the city council in a city operating pursuant to KRS

83A.130, the city commission in a city opera ting pursuant to KRS 83A.140, the

board of commissioners in a city operating pursuant to KRS 83A.150, the fiscal

court in a county, the legislative council in a consolidated local government

operating pursuant to KRS Chapter 67C, and the legislative body i n an urban -

county government operating pursuant to KRS Chapter 67A.

(5) "Local government" means a county, municipal, consolidated local government, or

urban-county government.

(6) "Rehabilitation" means the process of returning an existing structure to a state of

utility through repair or alteration which makes possible an efficient contemporary

use.

(7) "Repair" means the reconstruction or renewal of any part of an existing structure for

the purpose of maintenance.

(8) "Restoration" means the process of a ccurately recovering the form and details of a

structure and its setting as it appeared at a particular period of time by removal of

later work or by the replacement of missing earlier work.

(9) "Stabilization" means the process of applying measures design ed to reestablish a

weather-resistant enclosure and the structural stability of an unsafe or deteriorated

property while maintaining the essential form as it exists.

(10) "Assessment or reassessment moratorium" means the act of deferring the value of

the improvements from the taxable assessment of qualifying units of real property

for a maximum period of five (5) years.