[Adopted 12-18-2007 by Ord. No. 2147-07]
In accordance with the provisions of the Community and Economic Improvement Act ("Act") (53 P.S. § 18101 et. seq.), a neighborhood improvement district is hereby established in the Cheltenham Avenue area of Cheltenham Township within the boundaries set forth as
Exhibit A-1 attached hereto. The district shall be known as the Greater Cheltenham
Avenue Business Improvement District ("District").
The Greater Cheltenham Avenue Business Improvement
District, Inc., a Pennsylvania nonprofit corporation, is hereby designated
as the Neighborhood Improvement District Management Association for
the District.
The Board of Commissioners hereby approves the final plan for the District set forth in
Exhibit A attached hereto. The Greater Cheltenham Avenue Business Improvement District,
Inc. is hereby authorized to assess property owners within the District
a special property assessment fee in accordance with the provisions
of the final plan and the provisions of the Act.
The Office of the Tax Collector, on behalf of
the Township, is hereby authorized to enter into an agreement with
the Greater Cheltenham Avenue Business Improvement District, Inc.,
in the form approved by the Township Solicitor, which agreement shall
include the following:
A. A detailed description of the respective duties and responsibilities of the Township and the Greater Cheltenham Avenue Business Improvement District, Inc. with respect to the District as set forth in the final plan approved under §
12-3;
B. A requirement that the Township will maintain within
the District the same level of municipal programs and services that
were provided within the District before establishment;
C. A sunset provision under which the agreement will terminate five years from the date this article becomes law and may not be renewed unless the District is continued beyond that date in accordance with the sunset provisions of §
12-5 of this article;
D. The Office of the Tax Collector will be responsible
for the collection of all property assessment fees levied within the
District and disbursing the funds to the Greater Cheltenham Avenue
Business Improvement District, Inc.; and
E. The Township agrees that the Office of the Tax Collector
shall file any necessary liens for nonpayment of property assessment
fees as set forth in the Act at 53 P.S. § 18107(A)(10).
Additionally, if the property assessment fee is not paid when due,
there shall be an added penalty at the rate of 1% per month until
paid.
The District shall terminate five years from the date this article becomes law in accordance with the provisions of the final plan approved under §
12-3. The District may be continued beyond that date only if the Township reenacts this article following a review of the District and the programs and services provided by Greater Cheltenham Avenue Business Improvement District, Inc. within the District.
The Township Manager's office shall keep on file the document referred to as
Exhibit A in §
12-3 of this article, and all accompanying documents referenced in
Exhibit A, and shall make them available for inspection by the public during regular office hours.