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16. "Institutional Development" means the development of day care or educational <br />facilities. <br />17. "Local Company" means a legal entity that the Council deems to have an existing <br />substantial place of business located in St. Joseph County. <br />18. "Low And Moderate Income Individuals Or Families" means those persons who <br />qualify under the Department of Housing and Urban Development, Section 8 <br />income requirements. <br />19. "Minority" means: <br />a. Black (i.e., all persons having origins in any of the Black African racial <br />groups not of Hispanic origin); <br />b. Hispanic (i.e., all persons of Mexican, Puerto Rican, Cuban, Central or <br />South American or other Spanish culture or origin, regardless of race); <br />c. Asian and Pacific Islander (i.e., all persons having origins in any of the <br />original peoples of the Far East, Southeast Asia, the Indian Subcontinent, <br />or the Pacific Islands); <br />d. American Indian or Alaskan Native (i.e., all persons having origins in any of <br />the original peoples of North America and maintaining identifiable tribal <br />affiliations through membership and participation or community <br />identification); <br />20. "Mixed Use" means any mix of two (2) or more of the following uses only: Office, <br />Retail, multi-family housing, or hotel uses. <br />21. "New Manufacturing Equipment" has the meaning set forth in I.C. 6-1.1-12.1-1 et <br />seq. <br />22. "Property" has the meaning set forth in I.C. 6-1.1-12.1-1 of seq. <br />23. "Redevelopment" has the meaning set forth in I.C. 6-1.1-12.1-1 et seq. <br />24. "Redevelopment Blighted Area" and "RBA" mean real Property meeting the <br />standards set forth in I.C. 36-7-14.1 et seq. <br />25. "Rehabilitation" has the meaning set forth in I.C. 6-1.1-12.1-1 et seq. <br />26. "Related Party" means any person who is related within the meaning of Section <br />267 of the Internal Revenue Code (i.e., United States Code Title 26, Subtitle A, <br />Chapter 1, Subchapter B, Part IX, Section 267). <br />27. "Residentially Distressed Area" and "RDA" mean an area that meets any of the <br />following findings as declared by the Council: <br />a. The area is comprised of parcels that are either unimproved or contain only <br />one (1) or two (2) family dwellings or multifamily dwellings designed for up <br />to four (4) families, including accessory buildings for those dwellings; or <br />Tax Abatement Ordinance Page 13 <br />