Loading...
[Added 12-27-1989 by Ord. No. 122-1989; amended 6-8-1998 by Ord. No. 20-1998]
A. Requests for tax exemption as herein provided shall be made in writing on a form provided by the City; the form shall be submitted at the time the person desiring tax exemption secures the building permit or at the time he commences construction. [Amended 7-12-2010 by Ord. No. 32-2010]
B. The Chief Building Official shall forward a copy of the request for exemption to the Berks County Board of Assessment Appeals.
C. The Berks County Board of Assessment Appeals shall, after completion of the construction, assess separately the dwelling unit and the land upon which the new residential construction stands and calculate the amounts of the assessment eligible for tax exemption in accordance with the limits established by the City and notify the taxpayer and the City of the amounts of the assessment eligible for exemption. Appeals for the assessment and/or the amounts eligible for exemption may be taken by the taxpayer or the City as provided by law.
D. The cost of construction per dwelling unit to be exempted in the schedules of taxes exempted existing at the time of the initial request for tax exemption shall be applicable to the exemption request, and subsequent amendment to the ordinance, if any, shall not apply to requests initiated prior to their adoption.
7. Editor's Note: Amended during codification (see Ch. 1, General Provisions, Part 2).
[Added 12-27-1989 by Ord. No. 122-1989]
In the event that the taxpayer shall receive, by whatever means, a reduced assessment with regard to part or all of their property which is currently the subject of the tax exemption provided in this Part, such reduced assessment shall be applied proportionately to the portion of the assessed value which is subject to a tax exemption and the portion of the assessed value which is not subject to a tax exemption, and shall result in a reduction of the tax exemption which was initially granted for purposes of the number of exemption years still remaining on the exemption schedule.
[Added 12-27-1989 by Ord. No. 122-1989; amended 5-29-2001 by Ord. No. 14-2001
8
]
The Finance Director of the City shall have the authority for administering and monitoring the tax exemption program covered by this Part, and shall have the authority to deny any and all tax exemption requests when they do not meet or comply with the terms of this Part.
8. Editor's Note: Amended during codification (see Ch. 1, General Provisions, Part 2).
Loading...