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An Ordinance of the Council of Allegheny County, Pennsylvania amending Ordinance No. 23636, as previously amended, to expand the boundaries of a certain geographic area within Moon Township known as the Thorn Run Transportation Development District, previously determined to be a “Deteriorating Area” under the Local Economic Revitalization Tax Assistance Act, and to extend the time period during which any owner of a property within the Deteriorating Area may apply to and receive a temporary exemption from increases in County real estate taxes due to increased or additional assessed valuation attributable to the actual costs of construction, reconstruction or the improvements made to the property to April 29, 2026.
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Whereas, Pennsylvania’s Local Economic Revitalization Tax Assistance Act, Pa. Stat. Ann. tit. 72, § 4722 et seq., (1995), as amended, (hereinafter referred to as “LERTA”) authorizes local taxing authorities to enact a program whereby any increases in the assessed valuation of real property for the assessment and levying of real property taxes that is attributable to construction, reconstruction, or improvements made by the owner of an industrial, commercial, and other business property located within the geographic confines of a local taxing authority area determined to be a deteriorating area can be temporarily exempted based upon a schedule establishing the portion of the assessed valuation of the construction, reconstruction, or improvements to be exempted within a particular year after the construction, reconstruction, or improvements have been made; and
Whereas, on October 15, 1987, the then-Board of Commissioners of Allegheny County enacted an ordinance designated as Ordinance No. 23636, hereinafter “the Ordinance,” establishing a LERTA program providing for temporary exemption from County real estate taxes due to increases in assessed valuation resulting from construction, reconstruction, or improvements made to industrial, comme...
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