[Adopted 10-10-1960 by Ord. No. 139]
All tangible household personal property and personal effects
located within the Borough of Pine Beach shall not be assessed and
taxed.
This article shall apply to taxes on tangible household personal
property and personal effects due and payable in the year 1962 and
thereafter, so long as this article shall be in effect, and shall
not affect the obligation, lien or duty to pay any taxes, interest
or penalties which have accrued or may accrue by virtue of any assessment
made or which may be made with respect to taxes levied for any year
prior to the year 1962; nor shall this article affect the legal authority
to assess and collect taxes which may be or have been due and payable
prior to January 1, 1962, together with such interest and penalties
as would have accrued thereon under any provisions of law amended
or repealed hereby; nor shall this article invalidate any assessments
or affect any proceedings for the enforcement thereof pending upon
the effective date of this article or upon January 1, 1962, or during
the period between said dates.