The following words and terms, when used in this article, have
the following meanings:
DETERIORATED AREA
An area in which improvements to deteriorated property are
eligible for a tax exemption.
DETERIORATED PROPERTY
Any industrial, commercial or other business property owned
by an individual, association, or corporation, and located in a deteriorated
area, or any such property which has been the subject of an order
by a government agency requiring the unit to be vacated, condemned
or demolished by reason of noncompliance with laws, ordinances or
regulations.
IMPROVEMENT
Repair, construction or reconstruction, including alterations
and additions, having the effect of rehabilitating a deteriorated
property so that it becomes habitable or attains higher standards
of safety, health, economic use or amenity, or is brought into compliance
with laws, ordinances or regulations governing such standards. Ordinary
upkeep and maintenance shall not be deemed an improvement.
LOCAL TAXING AUTHORITY
County, City, borough, incorporated town, township, institution
district or school district having authority to levy real property
taxes.
[Amended 12-10-1986 by Ord. No. 1405; 1988 by Ord. No. 1449; 7-24-1995 by Ord. No.
1544]
The boundaries of said deteriorated area shall be shown upon
the map on file in the City Hall, which shall be designated "LERTA
Map." The said map and all notations, references and other data shown
thereon are hereby incorporated by reference into this article as
if all were fully described herein.