[HISTORY: Adopted by the Mayor and Council of the Borough of Harrington Park as indicated in article histories. Amendments noted where applicable.]
[Adopted 9-19-1960 by Ord. No. 185 (Ch. 47, Art. I, of the 1967 Code)]
Pursuant to Chapter 51 of the Laws of 1960, N.J.S.A. 54:4-9.2, the governing body of the Borough of Harrington Park does determine that tangible household property and personal effects shall not be assessed and taxed for local use.
This article shall affect the personal property assessments beginning the tax year 1961 and thereafter so long as this article shall be in effect.
A certified copy of this article be filed with the Division of Taxation in the Department of the Treasury and with the Bergen County Board of Taxation.
[Adopted 12-17-2001 by Ord. No. 553]
A Recreation Trust Fund Account of $0.01 (one cent) per hundred of assessed valuation is established to fund the maintenance, improvement and the repair of recreation facilities.
[Added 4-18-2011 by Ord. No. 658]
This set-aside shall continue from year to year unless revoked by ordinance by a two-thirds majority vote of the entire Council.