The Council of the County of Allegheny hereby enacts pursuant to the
authority granted by the Keystone Opportunity Zone Act, and the Intergovernmental
Cooperation Act, Pa. Cons. Stat. Ann. Title 53, § 2301 et seq.,
as follows.
The Council of Allegheny County does hereby find that the specific geographic
area spanning the Borough of Glassport bounded and described in Exhibit A
attached hereto, which area is referred to herein as the "Proposed Keystone Opportunity
Subzone," constitutes a deteriorated property under the Act.
This article shall be subject to and shall be interpreted in accordance
with the provisions of the Keystone Opportunity Zone Act.
The exemption from real property taxation authorized by this article
shall be upon the property exempted and shall not terminate upon the sale,
exchange or other alienation of such property unless otherwise provided.
Upon approval by DCED of the County's application with respect
to the Proposed Keystone Opportunity Subzone, this article shall enter into
full force and effect on January 1, 2004.
The provisions of this article shall be severable except for the provisions concerning exemptions set forth in §
420-12. If any other provisions of this article shall be held to be illegal, invalid or unconstitutional by final decision of the court of competent jurisdiction, the remaining provisions of the article shall remain in full force and effect.