TITLE
Resolution of the County of Allegheny providing for a program of temporary exemption from county real property taxes for improvements, including repairs, construction, or reconstruction, made on industrial, commercial or business property in a deteriorated area in the Township of Findlay, County of Allegheny County, Commonwealth of Pennsylvania, pursuant to the Local Economic Revitalization Assistance Act, Pa. Stat. Ann. Tit. 72 §4722 et seq.
BODY
WHEREAS, The Local Economic Revitalization Assistance Act ("LERTA"), Pa. Stat. Ann. Tit. 72 §4722 et seq., authorizes local taxing authorities to exempt from real estate taxation, for specific periods, the assessed valuation of improvements to deteriorated industrial, commercial and other business property; and
WHEREAS , the Township Board of Supervisors of the Township of Findlay ("Township") conducted a public hearing to determine and designate the geographic boundaries of a deteriorated area; and
WHEREAS the Township Board of Supervisors and the Board of Directors ("Directors") of the West Allegheny School District ("School District") have established the boundaries of the deteriorated area as more specifically set forth in Attachment "A" hereto (hereinafter the "Deteriorated Area") and adopted the temporary exemption program, and;
WHEREAS, the Township of Findlay has requested the County of Allegheny to enact similar legislation; and
WHEREAS, the County Council finds that the implementation of a temporary tax exemption program in certain designated deteriorated areas would contribute to the general welfare of the community by spurring economic activity and promoting improvement in the area's housing stock and business and commercial property.
Be it resolved by the Council of Allegheny County as follows:
Section 1. Incorporation of Preamble
The provisions set forth in the preamble to this Resolution are incorporated by reference
in their...
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