The Board of Township Commissioners hereby designates approximately eighty-eight acres, more or less, a portion of Chichester Business Park, as located on Exhibit "A" attached to original Ordinance 91-9, passed November 25, 1991, and as described in Exhibit "B" attached to original Ordinance 91-9, passed November 25, 1991, and hereinafter referred to as the "LERTA Tax Abatement District", as deteriorated, inasmuch as, inter alia, the premises have limited access, abut blighted residential and industrial areas, and overlook an oil refinery and tank farm. It is determined that said property will not be improved unless a tax exemption is granted for any improvement made to said land.
The area designated as deteriorated, in accordance with Act No. 76 of 1977 (P.L. 237), is more fully described in original Ordinance 91-9, passed November 24, 1991.
(Ord. 91-9. Passed 11-25-91.)