As used in this article, the following words and phrases shall
have the meanings set forth below:
COUNCIL
The Council of Charleroi Borough, Washington County, Pennsylvania.
ECONOMIC INVESTMENT AREA
Those areas within Charleroi Borough, the boundaries of which
have been fixed by the Charleroi Borough Council to include all areas
in Census Tract 7831 (more specifically identified on the attached
map), plus any other business or industrial use approved by
the Council in any other zoning district, in which improvements to
deteriorated property are eligible for tax exemption.
ECONOMIC INVESTMENT PROPERTY
Any industrial, commercial or other business property owned
by an individual, association or corporation and located in an economic
investment 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
The Borough of Charleroi, the County of Washington, the school
districts or any other governmental entity having the authority to
levy real property taxes within Washington County.
No amendment to this article shall be effective unless consented
to by resolution or ordinance of each local taxing authority which
has consented to be bound by the terms of this article.