General References
Taxation - See Ch. 169.
A.
Whenever there has been any improvement or construction
with respect to buildings, dwellings or land located in the Borough, which
buildings, dwellings or land is not otherwise exempt from taxation, and such
improvement or construction has not been included in the tax duplicates of
the Borough, the Borough Secretary is hereby authorized to request the authority
responsible for assessment in the County to inspect and assess, subject to
all rights of appeal and adjustment as provided by the General County Assessment
Law, all taxable property in the Borough to which major construction and/or
major improvements have been made, whereupon such property, improvements or
construction shall then be added to the duplicate and shall be taxable for
Borough purposes at the same rate as is all other taxable property located
in the Borough at the assessed valuation for that proportional part of the
calendar year remaining after the property was improved and/or the construction
occurred.
B.
Any property, improvement or other subject of taxation
which may have been omitted shall be assessed and made subject to taxation
for the period during which it was omitted, but in no event to exceed a period
of five calendar years preceding the year in which the property, improvement
or other subject of taxation is first added to the assessment roll.
C.
Taxes levied on any such assessment shall not be made
subject to the payment of any interest and penalties otherwise provided by
law, except as the same are computed from the date of assessment made pursuant
to this section, as follows:
(1)
When such improvement and/or construction is made during
a month, the interim assessment shall be computed as having been made on the
first day of the next succeeding month;
(2)
A 2% discount shall be granted on taxes paid by the end
of the second month following the month during which the interim assessment
was made;
(3)
Taxes paid after the end of the second month but before
the fourth month following the month during which the interim assessment was
made shall be paid at face; and
(4)
Taxes paid after the end of the fourth month following
the month during which the interim assessment was made shall be subject to
a penalty of ten percent of the face amount thereof.
D.
No bona fide purchaser of any property or other subject
of taxation, without knowledge that the property or other subject of taxation
was omitted from assessment for purposes of taxation, shall be subject to
any taxation based upon the additional assessment made pursuant to this section.
