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Substitute Bill No.86-10 <br /> Apri14,2011 <br /> Page 4 <br /> (n) Minority group means citizens of the United States who are: <br /> (1) Blacks <br /> (2) American Indians <br /> (3) Hispanics; and <br /> (4) Asian Americans <br /> (5) Other similar minority group defined in 13 Code of Federal Regulations <br /> 124.103.� <br /> (o) Minority Business Enterprise (hereinafter referred to as (MBE)means any minority- <br /> owned business which has been certified under the requirements of this Chapter: <br /> (1) Which is at least fifty-one percent (51%) owned by one or more of a minority <br /> group or, in the case of any publicly owned business, at least fifty-one percent (51%) <br /> of the stock of which is owned by one or more of a minority group; and <br /> (2) Whose management and daily business operations are controlled by one or more <br /> of a minority group who own it and have an interest in capital, assets, and profits and <br /> losses of the business proportionate to the percentage of ownership.g <br /> (p) Minority/Women Business Utilization Plan means a plan developed by the <br /> MBE/WBE Utilization Board in consultation with the Department of Administration and Finance <br /> and approved by a resolution of the Common Council. The plan shall provide for utilization of <br /> local MBEs and WBEs and provide rules and regulations to implement this Chapter. <br /> (q) Offeror means any business entity that makes an offer to enter into a binding contract9. <br /> (r) Program means the minority and women's business enterprises diversity programs <br /> aimed at advancing non-remedial objectives such as promoting diversity and inclusion. <br /> (s) Qualifying member means for MBE goals, any member of a minority group; and for <br /> WBE goals, a woman.10 <br /> (t) Regional MBE or Regional WBE means an MBE or WBE certified in the State of <br /> Indiana who has a joint venture with a"local MBE" or"local WBE"to obtain a bid/contract with <br /> the City of South Bend, Indiana. <br /> (u) Subcontractor or second tier contractor means any person entering into a contract <br /> with a prime vendor to directly furnish services or supplies toward the contract.'� <br /> �251ndinnn Adminisa•ntit•e Code 5-2-1 (a)(14)sets forth this definition for"minority group". <br /> 8 251ndiana Administrative Code 5-2-1 (a)(16) sets forth a similar definition for"owned and controlled". <br /> �25 Indiana Administrative Code 5-2-1 (a)(l5) sets forth a similar definition for"offeror". <br /> 10 25 Indiana Administrative Code 5-2-1 (a)(]8) sets forth this definition for"qualifying me�nber". <br />