[Adopted 5-7-2020 by Ord. No. 20-30]
A. 
All written petitions for the revision, alteration, adjustment or settlement of taxes or assessments, or both, so levied, assessed and remaining unpaid, and the interest and penalties thereon, shall be made to the Tax Collector upon a form created by the Tax Collector.
B. 
The person making such application must be residing in the property and shall set forth an intention to continue to reside in the property for the next five years, by executing a certification to that effect. If the property becomes vacant during the five-year period, then all penalties, assessments or both, so levied, may be reimposed upon said property.
C. 
The applicant, as well as any other individual with an ownership interest in the property, must provide a copy of the prior two years' tax returns.
D. 
All other municipal utility charges must be paid in full, and the applicant must provide proof of same.
E. 
There must not have been any prior revision, alteration, adjustment or settlement of taxes or assessments under N.J.S.A. 54:4-97 upon the property within the preceding five years.
F. 
The applicant must provide proof of the ability to pay the revision, alteration, adjustment or settlement of taxes or assessment within 60 days.
G. 
The applicant must pay a nonrefundable application fee of $250 at the time of the application as well as any fees and costs incurred by the City in any tax foreclosure proceeding.
H. 
The Tax Collector must certify that all of the above conditions have been met and that the statutory criteria of N.J.S.A. 54:4-99 to 54:4-102 have been met as well as all of the rules set forth in this section.
I. 
If the applicant fails to pay the revision, alteration, adjustment or settlement of taxes or assessments within the sixty-day time period allowed, they shall be precluded from making any further application for revision, alteration, adjustment or settlement of taxes or assessments.
J. 
The redeeming party must be a party of interest, which is the owner of the property, mortgagee or occupant-tenant pursuant to N.J.S.A. 54:5-54.
The Tax Collector is empowered to grant any revision, alteration, adjustment or settlement of taxes or assessments, or both, so levied, assessed and remaining unpaid, and the interest and penalties thereon upon satisfaction of the above rules and shall report the granting of same to Council.
Should any sentence, paragraph, subdivision, clause, phrase or section of this article be adjudged or held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this article as a whole, or any part or provision thereof other than the part so decided to be invalid, illegal or unconstitutional, and shall not affect the validity of the Code of the City of Trenton as a whole.
All provisions of the Code of the City of Trenton in conflict with the provisions of this article be, and the same are hereby, repealed, and all other provisions of the ordinances of the Code of the City of Trenton not in conflict with the provisions of this article shall remain in full force and effect.