[Ord. 2152, 8/8/2016]
The background provisions A through D above are hereby incorporated
and shall become part of this Part.
[Ord. 2152, 8/8/2016]
Unless the context specifically and clearly indicates otherwise,
the meaning of terms and phrases used in this Part shall be as follows:
ACT or LERTA
The Local Economic Revitalization Tax Assistance Act of the
Commonwealth, Act No. 1977-76 (72 P.S. § 4722 et seq.),
as amended and supplemented.
BOROUGH
The Borough of Pottstown, Montgomery County, Pennsylvania,
acting by and through its Borough Council or, in appropriate cases,
acting by and through its authorized representatives.
COUNTY
The County of Montgomery, Pennsylvania, acting by and through
its Board of County Commissioners, or, in appropriate cases, acting
by and through its authorized representatives.
DESIGNATED AREA
The geographical limits of the Borough of Pottstown, as identified
in this Part.
ELIGIBLE PROPERTY
Any industrial, commercial or other business property, as
defined by this Part, located in the designated area.
IMPROVEMENT
Repair, construction or reconstruction, including alterations
and additions, having the effect of rehabilitating any industrial,
commercial or other business property owned by any individual, association
or corporation and located in the designated area; "improvements"
does not include any ordinary upkeep or maintenance.
INDUSTRIAL, COMMERCIAL OR OTHER BUSINESS PROPERTY
Any property located within the designated area (the Borough)
that does not contain a residential dwelling unit or units, except
for properties located within the designated PDIDA District that include
a commercial business on the first floor of the building. Any properties
located within the designated PDIDA District that only provide for
residential use are specifically excluded.
PERSON
Any individual, partnership, company, association, society,
trust, corporation, municipality, municipality authority or other
group or entity.
SCHOOL DISTRICT
The Pottstown School District, Montgomery County, Pennsylvania,
acting by and through its Board of School Directors, or, in appropriate
cases, acting by and through its authorized representatives.
[Ord. 2152, 8/8/2016]
The Borough Council does hereby designate the entire geographic
borders of the Borough of Pottstown as a "deteriorated area" within
the meaning of the Act and one in which the local taxing authorities
may grant a tax exemption pursuant to the provisions of the Act.
[Ord. 2152, 8/8/2016]
In the event any provision, section, sentence, clause or part
of this Part shall be held to be invalid, such invalidity shall not
affect or impair any remaining provision, section, sentence, clause
or part of this Part, it being the intent of the Borough that such
remainder shall be and shall remain in full force and effect.
[Ord. 2152, 8/8/2016]
It is declared that enactment of this Part and the provisions
hereof are necessary for the protection, benefit and preservation
of the health, safety and welfare of inhabitants of the Borough.