[Adopted 3-15-1961 by Ord. No. 328 (Ch.
3.08 of the 1992 Code)]
Tangible household personal property and personal
effects located within the Borough shall not be assessed and taxed
for the year 1962 or thereafter so long as the ordinance codified
in this article is in effect.
This article shall apply to taxes on all tangible
household personal property and personal effects which would otherwise
be due and payable in the year 1962 or thereafter and shall not affect
the lien of or duty to pay any taxes, interest or penalties which
have accrued or may accrue by virtue of any assessment made with respect
to taxes levied for any year prior to 1962, nor shall this article
affect the legal authority to collect any taxes due and payable prior
to January 1, 1962, or any interest or penalties accrued thereon or
which may accrue thereon under any provisions of law amended or repealed
by this article, nor shall this article invalidate any assessments
or affect any proceedings for the enforcement thereof pending upon
the effective date of the ordinance codified in this article or prior
to January 1, 1962.