Whenever there has been any improvement or construction
with respect to buildings, dwellings or land located in the Borough, which
buildings, dwellings or land is not otherwise exempt from taxation, and such
improvement or construction has not been included in the tax duplicates of
the Borough, the Borough Secretary is hereby authorized to request the authority
responsible for assessment in the County to inspect and assess, subject to
all rights of appeal and adjustment as provided by the General County Assessment
Law, all taxable property in the Borough to which major construction and/or
major improvements have been made, whereupon such property, improvements or
construction shall then be added to the duplicate and shall be taxable for
Borough purposes at the same rate as is all other taxable property located
in the Borough at the assessed valuation for that proportional part of the
calendar year remaining after the property was improved and/or the construction
occurred.