§ 33-4. EXEMPTION.

No exemption authorized pursuant to the provisions of this chapter shall be granted or allowed except upon written application therefor filed with and approved by the assessor of the taxing district wherein the improvement is made. Every such application shall be on a form prescribed by the director of the Division of Local Government Services and provided for the use of claimants by the assessor and shall be filed with the assessor not later than thirty (30) days, including Saturdays and Sundays, following the completion of the improvements or construction. Every properly completed application for exemption, which is filed within the time prescribed shall be approved by the assessor, who shall submit his recommendation to the Borough Council. If approved by the Borough Council, the granting of any such exemption shall be recorded and made a permanent part of the official tax records of the Borough which record shall contain a notice of the termination date of the exemption and the application of such exemption in the event of a transfer of Title to the property which is the subject of such exemption.

(Ord. #424-95, § 1)

(Ord. No. 126-10, § 1, 4-26-2010)