[Adopted 11-25-2018 by Ord. No. 3-2018]
The following words and phrases when used in this article shall
have the following meaning:
Repair, construction or reconstruction including alterations
and additions having the effect of rehabilitating a deteriorated property
so that 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. Ordinary
upkeep and maintenance shall not be deemed an improvement.
An entire property or portion thereof of developable lands,
with or without improvements, that would otherwise qualify as substantially
developed land, but which contains land, buildings, and/or structures
that are currently underutilized and may potentially be developed,
recycled, or converted into industrial development.
The Board of Supervisors determines that the area shown on the
map attached as Exhibit A[1] shall be the area, which contains and consists of a vacant,
underutilized, and in need of structural improvements property, which
is eligible for tax exemption under this article. Additional eligible
areas may be included from time to time by ordinance of the Board
of Supervisors.
[1]
Editor's Note: Said exhibit is on file in the Township offices.
A.
The amount to be exempted from real estate taxes shall be limited
to that portion of the additional assessment attributable to the actual
cost of new construction or improvements to vacant, underutilized,
and property in need of structural improvements in accordance with
the exemption schedule established by this article.
B.
The exemption from real estate taxes shall be limited to that improvement
for which an exemption has been requested in the manner set forth
in this article and for which a separate assessment has been made
by the Board of Assessment of Appeals.
A.
The schedule of real estate taxes to be exempted shall be in accordance
with the below portion of improvements to be exempted each year.
|
Length
(Year)
|
Portion
|
|---|---|
|
First
|
100%
|
|
Second
|
90%
|
|
Third
|
80%
|
|
Fourth
|
70%
|
|
Fifth
|
60%
|
|
Sixth
|
50%
|
|
Seventh
|
40%
|
|
Eighth
|
30%
|
|
Ninth
|
20%
|
|
Tenth
|
10%
|
B.
If an eligible property is granted a tax exemption pursuant to this
article, the improvement shall not, during the exemption period, be
considered as a factor in assessing other properties.
C.
The exemption from taxes granted under this article shall be upon
the property and shall not terminate upon the sale or exchange of
the property.
A.
Any person desiring tax exemption under this article shall notify
the Manager and Treasurer of the Township, as well as the Business
Manager of South Western Area School District in writing at the time
he secures a building permit for new construction or an improvement.
A copy of the exemption request shall be forwarded to the York County
Assessment Office. The York County Assessor shall, upon notice by
applicant and after completion of the new construction or improvement,
assess separately the new construction or improvement and calculate
the amount of the assessment eligible for tax exemption in accordance
with the limits established by this article and shall notify the taxpayer,
the Township and the school district(s) of the reassessment and the
amount of the assessment eligible for the exemption. Appeals from
the reassessment and the amount eligible for the exemption may be
taken by the taxpayer or the local taxing authority as provided by
law.
B.
The cost of the new construction or improvements to be exempted and
the schedule of taxes exempted existing at the time of the initial
request for tax exemption shall be applicable to that exemption request,
and subsequent amendment to this article, if any, shall not apply
to the adoption of any such amendment.
An application for exemption may be made at any time within
three years from the effective date of this article. All qualified
applications under this article are eligible for the entire ten-year
exemption schedule.
The Township may, by ordinance adopted from time to time, extend
the time for filing an application for exemption. However, in no event
shall any one extension period exceed three years.
The exemption from real estate taxes provided for herein shall
be forfeited by the applicant and/or any subsequent owner of the real
estate for the failure to pay any nonexempt real estate taxes by the
last day of the time period to pay such taxes in the penalty period.
Upon receipt of the notice of nonpayment of nonexempt real estate
taxes, the Township Treasurer shall discontinue the LERTA exemption.
