[Ord. 254, 12/12/1994, Art. 1, § 1]
The Act of December 13, 1988, P.L. 1190, No. 146, codified
as the First and Second Class County Property Tax Relief Act, 72 P.S.
§ 4749.1 et seq.
The Board of Commissioners of Allegheny County.
Allegheny County.
The Department of Property Assessment, Appeals, Review and
Registry of Allegheny County.
See the definition of "Act 146" above.
An increase in market value of a property as a consequence
of the refurbishing of other residences or the construction of new
residences in long-established residential areas or areas of deteriorated,
vacant or abandoned homes and properties throughout the County.
The granting to longtime owner/occupants of a principal residence
of a tax exemption for that portion of the increase in market value
exceeding 5% from the previously established market value due to gentrification.
Any person who for at least 10 continuous years has owned
and has occupied the same dwelling place as a principal residence
and domicile or any person who for at least five years has owned and
occupied the same dwelling as a principal residence and domicile if
that person received assistance in the acquisition of the property
as part of a government or nonprofit housing program.
A natural person.
The dwelling place of a person including the principal house
and lot and such lots as are used in the connection therewith which
attribute to its enjoyment, comfort and convenience; or a building
with a maximum of one commercial establishment and a maximum of three
residential units of which one residential unit must be the principal
residence of the longtime owner/occupant.
The Township of Leet.
[Ord. 254, 12/12/1994, Art. 1, § 2]
Any increase in the market value of real estate constituting
the principal residence of a longtime owner/occupant which exceeds
5% from the previously established market value shall be considered
to be attributable to gentrification and shall be exempted from the
payment of Leet Township real property taxes. Any increase in value
attributed to physical improvements of the property constituting the
principal residence of a longtime owner/occupant shall not be exempted
from Leet Township real property taxes.
[Ord. 254, 12/12/1994, Art. 1, § 3]
The term of the exemption granted under § 24-502 of this subpart shall be for 1 tax year and subsequent years; however, if the market value of the property constituting the principal residence of a longtime owner/occupant is increased by more than 5% in a subsequent year, the longtime owner/occupant will be required to reapply for participation in the gentrification program.
[Ord. 254, 12/12/1994, Art. 1, § 4]
1.
Any person paying property taxes in the Township may apply to the
Department of Property Assessment and the Township for certification
as a participant in the gentrification program authorized under this
subpart. In order to be eligible for participation in the gentrification
program established herein the following conditions must be met:
[Ord. 254, 12/12/1994, Art. 1, § 5]
The County Department of Property Assessment shall have authority
to issue rules with respect to the administration of the gentrification
program established under this subpart. Such rules and regulations
shall include, but not be limited to, proof of residence, method of
application for participation in the gentrification program and such
other reasonable requirements and conditions as may be necessary to
operate the gentrification program. The Township of Leet hereby incorporates
those rules and regulations by reference thereto.
