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.
