[Ord. 1-09, 3/3/2009, § 1]
This Part shall be known as the "Richmond Township Local Economic
Revitalization Tax Assistance Ordinance."
[Ord. 1-09, 3/3/2009, § 2]
As used in this Part:
Those areas in the Township of Richmond, which are presently
zoned as commercial district and/or manufacturing district and those
areas in the Township which may, at some future date, be determined
to be deteriorated areas by resolution of the Board of Supervisors
of Richmond Township in accordance with the standards as set forth
in the LERTA.
Any industrial, commercial or other business property, owned
by an individual, association or corporation, and located in a "deteriorated
area," as hereinafter defined, or any such property which has been
the subject of an order by a government agency requiring the unit
to be vacated, condemned or demolished by reason of noncompliance
with laws, ordinances or regulations.
Repair, construction or reconstruction, including alterations
and additions, having the effect of rehabilitating a deteriorated
property so that it becomes habitable or attains higher standards
of safety, health, economic use or amenity, or is brought into compliance
with laws, ordinances or regulations governing such standards. Ordinary
upkeep and maintenance shall not be deemed an improvement.
[Ord. 1-09, 3/3/2009, § 3]
[Ord. 1-09, 3/3/2009, § 4]
The tax exemption set forth in § 24-403 shall be limited to a tax exemption on the actual increase in assessed valuation attributable to the actual cost of the improvements, provided that such improvements are in compliance with all applicable laws, ordinances and regulations during the entire period of exemption.
[Ord. 1-09, 3/3/2009, § 5]
The following schedule of taxes exempted shall apply to all
properties satisfying the provisions and limitations hereinbefore
and hereinafter set forth:
|
Schedule A
| |
|---|---|
|
Eligible Tax Year
|
Percentage of Tax Exemption on Eligible Assessment
|
|
Year 1
|
90%
|
|
Year 2
|
80%
|
|
Year 3
|
60%
|
|
Year 4
|
40%
|
|
Year 5
|
20%
|
|
After Year 5, the exemption shall terminate, and the property
shall be taxed at 100% of the total assessment at the applicable property
tax rate then in effect.
|
[Ord. 1-09, 3/3/2009, § 6]
1.
The exemption hereinbefore authorized shall be upon the property
exempted and shall not terminate upon the sale or exchange of the
property.
2.
The cost of improvements to be exempted in the schedule of taxes
exempted existing at the time of the initial request for tax exemption
shall be applicable to that exemption request, and subsequent amendments
to this Part, if any, shall not apply to requests initiated prior
to the adoption of such an amendment.
[Ord. 1-09, 3/3/2009, § 7]
1.
Any person desiring a tax exemption pursuant to this Part shall notify
the Township, or its designated officer, in writing on a form provided
by such office, at the time such person secures his building permit,
or if no building permit or other notification of improvement is required
in a particular instance, at the time of commencement of construction.
2.
A copy of such exemption request shall be forwarded by the Township,
or its designated officer, to the Tioga County Board of Assessment
and Revision of Taxes. Thereafter, such Board shall, after completion
of the improvement, assess the improvement separately, calculate the
amount of the assessment eligible for tax exemption in accordance
with the limits established in this Part and notify both the taxpayer
and the Township of the reassessment and of the amounts of the assessment
eligible for an exemption. Appeals from the reassessment and the amounts
eligible for the exemption may be taken by the taxpayer or by the
Township as provided by general law.
3.
The form hereinbefore prescribed shall require the following verified
information:
A.
The date the building permit or alteration permit was issued for
such improvements, if applicable.
B.
The type and scope of improvement.
C.
A summary of the plan of the improvement.
D.
The estimated cost of the improvement.
E.
The person or persons performing the work on the improvements.
F.
The location of the property being improved.
G.
A statement as to whether or not the property has been condemned
by any governmental body and the date of condemnation and, if so,
the name of the governmental body and the date of condemnation.
H.
Any additional information that the County Assessment Office or the
Township may require for the application of the provisions of this
Part.
4.
The application requirement set forth in Subsection 1 hereof shall be deemed to be mandatory. Failure of any person desiring a tax exemption to comply with the application requirements contained therein shall be conclusively presumed to be a waiver of any right to claim a real estate exemption as provided by this Part.
[Ord. 1-09, 3/3/2009, § 8]
Unless specifically defined otherwise, words and phrases used
in this Part shall be interpreted so as to give this Part its most
reasonable application.
[Ord. 1-09, 3/3/2009, § 11]
This Part shall become effective immediately after its final
passage and adoption by the Board of Supervisors of Richmond Township.
