The following terms, whenever used or referred to in this act, shall, unless a different intent clearly appears from the context, be constructed to have the following meaning:

1. "Blighted conditions" means conditions which, because of the presence of a majority of the following factors, substantially impair or arrest the sound development and growth of the municipality or constitute an economic or social liability or are a menace to the public health, safety, morals or welfare in its present condition and use:

a.a substantial number of deteriorated or deteriorating structures,

b.predominance of defective or inadequate street layout,

c.unsanitary or unsafe conditions,

d.deterioration of site improvements,

e.absentee ownership,

f.tax or special assessment delinquency exceeding the fair value of the land,

g.defective or unusual conditions of title,

h.improper subdivision or obsolete platting or land uses,

i.the existence of conditions which endanger life or property by fire and other causes, or

j.conditions which create economic obsolescence, or areas containing obsolete, nonfunctioning or inappropriately developed structures;

2. "Governing body" means the city council, city commission or town board of trustees;

3. "Neighborhood" means a contiguous geographic area within a city or town that is characterized by a predominant building style or function, and may apply to residential, commercial or industrial areas;

4. "Program plan" means a plan for the redevelopment of all or a portion of a redevelopment district, which the governing body of a city or town has found to contain blighted conditions, so that the clearance, replatting, rehabilitation or reconstruction thereof is necessary to effectuate the purposes of this act;

5. "Project plan" means a specific work or improvement to effectuate all or a portion of a program plan;

6. "Redevelopment" shall mean the clearance, planning, construction, rehabilitation, or renovation of all or a portion of a redevelopment district, and the provision for such industrial, commercial, retail, residential or public structures and spaces as may be appropriate, including recreational and other facilities incidental or appurtenant thereto;

7. "Redevelopment district" means that portion of a city or town which the governing body of such city or town has found to contain blighted conditions;

8. "Redevelopment plan" means a plan for the redevelopment of all or a portion of a redevelopment district; and

9. "Redevelopment trust" means a public trust established in accordance with Section 176 et seq. of Title 60 of the Oklahoma Statutes which has the power to undertake redevelopment activities.

Added by Laws 1981, c. 315, § 13. Amended by Laws 1998, c. 247, § 10, eff. Nov. 1, 1998.