As used in this article, the following terms
shall have the meanings indicated:
ELIGIBLE TAXPAYER
One who has owned and occupied a primary residence in the
Borough of Bradford Woods for the past 10 years. A property owner
who has moved within the past 10 years, but has continued to own and
occupy a primary residence in the Borough, is eligible.
This program entitles all qualified applicants
in the Borough of Bradford Woods to a flat ten-percent discount of
the real estate tax on their primary residence for each year they
are eligible. Once approved, a qualified applicant continues to receive
tax relief as long as the applicant is the property owner and occupant,
and the household income does not exceed $30,000. Applicants are no
longer required to file annually.