A retroactive refund of the municipal component of property
taxes collected on property which would have been exempt had proper
claim in writing been made therefor, in the manner provided by N.J.S.A.
54:4-3.30, shall be limited to the pro rata portions of such taxes
paid during the current year of the submission of a proper claim to
the Township's Tax Assessor as required by N.J.S.A. 54:4-3.30
and the year immediately preceding the year in which such proper claim
is or was submitted, as the case may be, but in no event shall a refund
under this chapter be for greater than a twelve-month period in the
aggregate.
A refund issued under this chapter shall only be for the municipal
component of property taxes that have actually been paid by the applicant
during the time periods set forth herein.
Any retroactive refund that is to be issued pursuant to a valid claim submitted under §
143-1 above shall be payable to the applicant in three equal partial payments, to be paid over the course of the 36 months next following the approval of the applicant's claim by the Township's Tax Assessor.
The Township's Tax Assessor, together with all other appropriate
officers and employees, are hereby authorized and directed to take
any and all steps necessary to effectuate the purposes of this chapter.