Section 902.1 of the IFC is amended to read as follows:

902.1 Definitions. The following words and terms shall, for the purposes of this chapter and as used elsewhere in this code, have the meanings shown herein:

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SUBSTANTIAL REMODEL / RENOVATION. A building or structure undergoes substantial remodel/renovation when the value of the construction exceeds fifty percent of the building valuation determined by the most recent Pierce County Assessor’s Office assessment.

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