[Adopted 8-19-2020 by Ord. No. 2020-1940]
As used in this article, the following terms shall have the
meanings indicated:
The Borough of Lansdale, Montgomery County, Pennsylvania,
acting by and through its Borough Council or, in appropriate cases,
acting by and through its authorized representatives.
The Commonwealth of Pennsylvania.
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.
Repair, construction or reconstruction, including alterations
or additions, having the effect of rehabilitating property in a deteriorating
area, 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.
Includes the Borough, the county and the school district.
North Penn 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.
The following areas within the Borough of Lansdale are determined
by the Borough Council to be eligible for tax exemption under the
Local Economic Revitalization Tax Assistance Act and/or the Improvement
of Deteriorating Real Property or Areas Tax Exemption Act:
|
Address
|
Parcel Identification Number
|
|---|---|
|
117 South Broad Street
|
11-00-00956-00-5
|
|
117 South Broad Street
|
11-00-00916-00-9
|
The amount to be exempted from real estate taxes is limited
to that portion of the additional tax assessment attributable to the
actual cost of the new construction or improvement in accordance with
the exemption schedule established by this article. A tax exemption
granted under this article will first apply in the tax year of the
applicable local taxing authority immediately following the tax year
in which the eligible new construction or improvements are completed.
Nothing herein limits or prohibits the levy of interim real property
taxes upon new construction or improvements prior to completion thereof.
A tax exemption granted hereunder will not terminate upon the sale
or exchange of the exempted property. If an eligible property is granted
a tax exemption pursuant to this article, the new construction or
improvements shall not, during the exemption period, be considered
as comparable in assessing other properties.
The exemption schedule is as follows:
|
Year
|
Percentage of Abatement
|
|---|---|
|
First
|
100%
|
|
Second
|
80%
|
|
Third
|
60%
|
|
Fourth
|
40%
|
|
Fifth
|
20%
|
|
Sixth
|
0%
|
A.
An owner of eligible property who desires tax exemption under this
article must apply for the exemption, in writing, no later than 90
days following the date of issuance of a building permit for the new
construction or improvements with respect to which the exemption is
requested; or, if no building permit is required and no other notification
of new construction or improvements is required to be given to the
Borough, within 90 days following commencement of construction. An
application for a tax exemption under this article must, at a minimum,
include:
(1)
The name of the owner or owners of the eligible property;
(2)
The location of the eligible property, including the tax parcel identification
number or numbers assigned to such property for real property tax
purposes;
(3)
The type of new construction or improvements to be made on the eligible
property;
(4)
The nature of the improvements to be made to the eligible property;
(5)
The date on which the relevant building permit was issued or, if
no building permit is issued, the date on which construction commenced
or the estimated date on which it shall commence, as appropriate;
and
(6)
The cost or estimated cost of the new construction or improvements.
B.
The Borough Manager or his designee will forward a copy of any application
for tax exemption under this article to the county and school district,
together with a request or authorization to such board or other appropriate
assessment agency that:
Appeals from the reassessment of an eligible property and the
amounts eligible for exemption may be taken by the property owner
or a local taxing authority as provided by law.
The cost of new construction or improvements to be exempted
and the schedule of taxes exempted at the time of an initial request
for tax exemption made in accordance with the further provisions of
the article shall be applicable to that exemption request, and any
subsequent amendment to this article, if any, shall not apply to applications
filed with this local taxing authority prior to their adoption.
Disqualifying events include the following:
A.
Any property owner who elects to appeal the assessed value of a property
qualifying under LERTA during any exemption period granted shall be
deemed to be disqualified from participating in the LERTA program
upon the filing of such an appeal to the Board of Assessment.
B.
Any property owner who fails to pay when due any and all nonexempt
real estate taxes, together with water/sewer rents relating to a property-tax-exempt
property under this article or any other property owned by the same
property owner within the Borough.
C.
Any other matter that is determined by the Borough to be in contravention
of this article.
