The second reading of Ordinance 429 regarding changes to parking within the Borough will be held during the March 28, 2017 Council meeting.
On May 23, 2017 at 7:00pm, Borough Council is going to consider a LERTA map boundary and LERTA ordinance. The LERTA ordinance approves the designation of an area of the borough in which new construction of industrial, commercial or other business property and improvements to industrial, commercial or other business property are eligible for a tax exemption pursuant to the Local Economic Revitalization Tax Assistance Act. In our case Council will be considering 100% exemption for 5 years for any new improvements (base taxes will still be paid at the current rate, only taxes imposed on the additional assessed value from the improvement will be waived). The LERTA boundary map will specify which properties will be eligible for tax exemption in accordance with the proposed ordinance. The purpose of this action is to drive revitalization to our Borough Core. Residents interested or with questions about this ordinances are encouraged to attend the meeting or call the Borough Manager.
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