The purpose of this Part is to serve as an additional encouragement of investment and reinvestment in industrial, commercial and other business property in the City of Reading, pursuant to the authority contained in the Local Economic Revitalization Tax Assistance Act, enacted December 1, 1977,
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by creating a special opportunity area within the area covered by the current Reading LERTA Ordinance [Part 2 of this chapter].
14. Editor's Note: See 72 P.S. § 4722 et seq.