[Ord. 1-1984, 5/7/1984, § 1]
As used in this Part, the following terms shall have the meanings indicated:
DETERIORATED AREA
After public hearings include the following: All areas in the Industrial Zones as shown on the Township Zoning Map.
DETERIORATED PROPERTY
Any industrial or other business property owned by an individual, association or corporation and located in a deteriorating area as hereinafter described, 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. "Deteriorated Property" shall not include properties or portions of properties used for commercial or residential purposes.
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.
[Ord. 1-1984, 5/7/1984, § 2]
1. 
The Township of Jackson hereby grants a tax exemption upon all "improvements" to "deteriorated property" within the Township as defined herein, pursuant to LERTA, on the assessment attributable to the actual cost of improvements.
2. 
The actual cost of taxes exempted shall be in accordance with the schedule established by the Township of Jackson, subject to the following limitations:
A. 
The length of the schedule of taxes exempted shall not exceed 10 years.
B. 
The schedule of taxes exempted shall stipulate the portion of improvements to be exempted each year.
C. 
The exemption from taxes shall be limited to the additional assessment valuation attributable to the actual cost of improvements to deteriorated property.
D. 
Exemption from taxes authorized by the resolution shall be upon the property exempted and shall not terminate upon the sale nor exchange of the property.
E. 
If an eligible property is granted tax exemption pursuant to this resolution, the improvement shall not, during the exemption period, be considered as a factor assessing other properties.
[Ord. 1-1984, 5/7/1984, § 3]
The schedule of real estate taxes to be exempted shall be in accordance with the following portion of improvements to be exempted each year:
Year 1: 100%.
Year 2: 90%.
Year 3: 80%.
Year 4: 70%.
Year 5: 60%.
Year 6: 50%.
Year 7: 40%.
Year 8: 30%.
Year 9: 20%.
Year 10: 10%.
[Ord. 1-1984, 5/7/1984, § 4]
1. 
Any person desiring tax exemption pursuant to this Part 1 must apply through the Lebanon County Planning Department at the time a building permit is secured for the construction of the improvements. The application must be in writing upon forms specified by the Lebanon County Planning Department.
2. 
The Lebanon County Tax Assessor shall, after the completion of the improvements, assess the improvements separately and calculate the amounts of the assessment eligible for the tax exemption in accordance with the limits established by the County of Lebanon and notify the taxpayer and the County of Lebanon of the reassessment and the amounts of the assessment eligible for exemption.
3. 
Appeals from the assessment and amounts eligible for the exemption may be taken by the taxpayer or the County of Lebanon as provided by law.
4. 
The cost of improvements to be exempted and the schedule of taxes exempted existing at the time of the initial request for tax exemption shall be applicable to that exemption request, and subsequent amendment to the resolution, if any, shall not apply to requests initiated prior to their adoption.