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A Resolution of the Council of Allegheny County, Pennsylvania, terminating, subject to certain exceptions, Council Resolution No. 57-03-RE, which authorized the County to provide for a program of temporary exemption from increases in Allegheny County real property taxes attributable to improvements consisting of repairs, construction, or reconstruction made to industrial, commercial or business properties in a certain area of the Township of South Fayette under the Local Economic Revitalization Tax Assistance Act, as amended.
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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 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 deteriorating can be temporarily exempted based upon a schedule establishing the portion of the assessed valuation of the improvements to be exempted within a particular year after the improvements have been made; and
Whereas, acting pursuant to LERTA, the Board of Commissioners of the Township of South Fayette (the Township) and the School Board of the School District of South Fayette (the School District) each enacted in 2003 temporary exemption programs for industrial, commercial, and other business properties located within certain areas of the Township determined to be deteriorating areas; and
Whereas, the Township requested the County of Allegheny to enact a similar LERTA program of temporary exemption from increases in Allegheny County real property taxes attributable to improvements made to industrial, commercial, and other business properties located with the deteriorating are...
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