As used in this article, the following
terms shall have the meanings indicated:
DETERIORATED PROPERTY, COMMERCIAL
Any industrial, commercial or other business property owned
by an individual, association or corporation, and located in an investment
opportunity area, as hereinafter defined, or any such property which
has been the subject of an order by a government agency requiring
the unit to be vacated, condemned or demolished by reason of noncompliance
with laws, ordinances or regulations.
DETERIORATED PROPERTY, MIXED-USE
Any industrial, commercial, residential or other business
property owned by an individual, association, or corporation which
currently houses one or more of the following uses: residential, commercial,
cultural, light industrial, or other miscellaneous use; and is located
in an investment opportunity area, as hereinafter defined, or any
such property which has been the subject of an order by a government
agency requiring the unit to be vacated, condemned, or demolished
by reason of noncompliance with laws, ordinances, or regulation.
DETERIORATED PROPERTY, RESIDENTIAL
A dwelling unit located in an investment opportunity area,
as hereinafter defined, or a dwelling unit which has been or upon
request is certified by a health, housing or building inspection agency
as unfit for human habitation for rent withholding, or other health
or welfare purposes, or has been the subject of an order by such an
agency requiring the unit to be vacated, condemned or demolished by
reason of noncompliance with laws, ordinances or regulations.
DWELLING UNIT
A house, double house or duplex, townhouse or row house,
apartment, condominium or any building intended for occupancy as living
quarters by an individual, a family or families or other groups of
persons, which living quarters contain a kitchen or other cooking
equipment for the exclusive use of the occupant or occupants.
IMPROVEMENT
Repair, construction or reconstruction, including alterations
and additions, having the effect of rehabilitating a deteriorated
property, either commercial or residential, so that its assessed value
increases more than $25,000, and one of the following: 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; or is new residential construction
in an investment opportunity area. Ordinary upkeep and maintenance
shall not be deemed an improvement.
INVESTMENT OPPORTUNITY AREA
The areas described above within the City of Lancaster determined
by the County of Lancaster to be eligible for tax exemption under
Act 76 of 1977 ("Local Economic Revitalization Tax Assistance Act") and Act 42 of 1977 ("Improvement of Deteriorating Real
Property or Areas Tax Exemption Act").
RESIDENTIAL CONSTRUCTION
The building or erection of dwelling units, as defined above,
upon vacant land or land specifically prepared to receive such structures.
All properties located within any
tax increment financing zone (TIF) which were not grandfathered and
enrolled in that program shall be excluded from the exemption from
taxes created under this article.
This article shall become effective
immediately as prescribed by law.
No amendments to this article shall
be effective unless consented to by ordinance or resolution of each
local taxing authority who has consented to be bound by the terms
of this article.
This article shall automatically
terminate in 10 years following the effective date hereof; provided,
however, that any taxpayer who has received or applied for the exemption
granted by this article prior to the expiration date herein provided,
shall, if said exemption is granted, be entitled to the full exemption
authorized herein.
The provisions of this article are
not severable, and if any section, sentence, clause, part or provision
hereof shall be held to be illegal, invalid or unconstitutional by
any court of competent jurisdiction, such decision of the Court shall
invalidate the entire article. It is hereby declared to be the intent
of the City Council of the City of Lancaster, Lancaster County, Pennsylvania
that this article would not have been enacted but for the inclusion
of this section, sentence, clause, part or provision found to be illegal,
invalid or unconstitutional.