Capital improvement

Capital improvement means:
(1) A new structure that costs at least $25,000 to build; or
(2) Altering, renovating, or repairing an existing structure if it increases the structure's useful life by 10 years or if it costs at least $25,000.

Source

50 CFR § 86.3

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Scoping language

For the purposes of this part, we define these terms:

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