Where real estate or an interest in real estate lying partly within the boundaries of the Borough of Swarthmore and partly without said boundaries is transferred, the tax herein imposed shall be calculated upon such portion of the real estate or interest therein lying within the boundaries of the Borough, as determined by the Realty Transfer Tax Statement of Value filed with the Recorder of Deeds, or if no such filing is required, by affidavit of the transferor, or as separately stated in the document of transfer; provided, however, such value shall in no event be less than the highest assessed valuation for local tax purposes placed upon the real estate or the interest in the real estate in the assessment of the property within the Borough.
(Ord. 851. Passed 10-11-88.)