The following words and phrases, when used in this article,
shall have the meanings ascribed to them in this section, except where
the context clearly indicates or requires a different meaning:
BOROUGH
The Borough of Marcus Hook, Delaware County, Pennsylvania,
acting by and through its Council, or acting by and through its authorized
representatives.
COUNCIL
The Council of the Borough of Marcus Hook.
COUNTY
County of Delaware, Pennsylvania, acting by and through its
County Council, or acting by and through its authorized representatives.
DESIGNATED AREA
All real property identified by the current tax parcel identification
numbers listed on Exhibit A.
ELIGIBLE PROPERTY
Any industrial, commercial or other business property located
in the designated area.
IMPROVEMENT
Any repair, construction, or reconstruction, including alterations
and additions, undertaken for the purpose of rehabilitating any industrial,
commercial or other business property owned by any individual, association
or corporation and located in the designated area. The term "improvement"
does not include any ordinary upkeep or maintenance.
PERSON
Any individual, partnership, company, association, society,
trust, corporation, municipality, municipal authority, or other group
or entity.
SCHOOL DISTRICT
Chichester School District, Delaware County, Pennsylvania,
acting by its Board of School Directors, or, in appropriate cases,
acting by and through its authorized representatives.
The Borough does hereby designate the area within the following
boundaries as a "deteriorated area" as determined within the meaning
of LERTA, and one in which the local taxing authorities may grant
a tax exemption pursuant to the provisions of LERTA: All properties
within the Industrial Transition-2 (IT-2) Zoning District, as shown
on the map attached hereto as Exhibit A and comprised of the following parcels of ground identified
by tax folio numbers (current as of the date of this article): 24-00-00638-00,
24-00-00638-08, 24-00-00-638-09, 24-00-00638-11, 24-00-00638-12, 24-00-00638-13,
24-00-00638-14, 24-00-00-638-15, 24-00-00638-17, 24-00-00638-18, 24-00-00638-19,
24-00-00638-20, 24-00-00638-21, 24-00-638-22, 24-00-00638-23, 24-00-00638-24,
24-00-00638-25, 24-00-00638-26, 24-00-00638-27, and 24-00-00638-28,
and any and all other parcels resulting from the further subdivision
or consolidation of such parcels.
This article shall expire upon the fifth anniversary of its
enactment unless extended by an ordinance duly adopted by the Borough.
Any property tax exemptions granted under the provisions of this article
shall be permitted to continue according to the exemption schedule
even if this article expires or is repealed.
In the event any provision, exception, sentence, clause or part
of this article shall be held to be invalid, such invalidity shall
not affect or impair any remaining provision, section, sentence, clause
or part of this article, it being the intent of the Borough that such
remainder shall be and shall remain in full force and effect.
This article shall become effective upon adoption.