Presenter
Presented by Ms. Carlisle
Title
Resolution removing exemptions from real property tax, earned income tax, net profits tax, mercantile and business privilege tax within a specific geographic area in the City of Pittsburgh, County of Allegheny, Commonwealth of Pennsylvania designated as the Southwestern Pennsylvania Keystone Opportunity Expansion Zone. (Council Districts 3, 5, 6, 8 and 9).
Body
Whereas, the City of Pittsburgh, Pennsylvania by Resolution No. 49, effective February 26, 2001, and Resolution No. 344, effective May 15, 2003, resolved to provide tax exemptions within a defined geographical and political boundary in the City of Pittsburgh, including the properties described as set forth in Attachment "A"; and
Whereas, the Pennsylvania Keystone Opportunity Zone and Keystone Opportunity Expansion Act, as amended by Act 217 of 2002, hereinafter referred to as the "Act," authorizes political subdivisions to apply to the Pennsylvania Department of Community and Economic Development (DCED) to decertify areas within the respective political subdivision currently designated as a Keystone Opportunity Expansion Zone and, as a precondition of such application, to enact a binding resolution that removes from the designated and approved geographic area exemptions, deductions, abatements or credits from all local taxes identified in the Act, which resolution will be contingent only on DCED's approval of the application for decertification; and
Whereas, the City of Pittsburgh is participating in an application to DCED via the Southwestern Pennsylvania Commission seeking approval to decertify all or part of the Keystone Opportunity Expansion Zone.
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. Effective as of the date of, and contingent only on, DCED's approval of the application to decertify a portion of the Southwestern Pennsylvania Keystone Opportunity Expansion Zone, Resolution No. 49, effective February 26, 2001, and Resolution No. 344, effective May 15, 2003, are hereby rescinded with respect to the property herein described in Attachment "A", said property is hereby removed from the Southwestern Pennsylvania Keystone Opportunity Expansion Zone, and all tax benefits provided by the Act to that property are hereby withdrawn.
Attachment "A"
East Liberty – 7th Ward
Highland Ave S 84-B-68
Houston Street 84-C-55
Penn Ave 84-C-57
Houston Street 84-G-14
Houston Street 84-G-14-01
6032 Stevenson Place 84-G-26
Houston Street 84-G-27
Houston Street 84-G-27-01
Highland Ave S 84-F-183
Ellsworth Ave 84-F-150
Highland Ave S 84-F-156
Ellsworth Ave 84-F-141
Hazelwood – 15th Ward
4847 Second Ave 56-F-115
Hill District – 3rd Ward
5 Heldman Street 11-A-133
7 Heldman Street 11-A-134
17 Heldman Street 11-A-137
19 Heldman Street 11-A-138-A
21 Heldman Street 11-A-138
Rose Street 11-A-123
Clark Street 11-A-124
1833 Rose Street 11-A-127
1831 Rose Street 11-A-129
1844 Rose Street 11-A-167
1840 Rose Street 11-A-166
1842 Rose Street 11-A-166-A
1838 Rose Street 11-A-165
Rose Street 11-A-163
1832 Rose Street 11-A-162
1830 Rose Street 11-A-161
1828 Rose Street 11-A-160
1824 Rose Street 11-A-158
25 Heldman Street 11-A-140
27 Heldman Street 11-A-141
31 Heldman Street 11-A-142
35 Heldman Street 11-A-143
37 Heldman Street 11-A-144
Heldman Street 11-A-145
Heldman Street 11-A-146
41 Heldman Street 11-A-147
43 Heldman Street 11-A-148
1829 Rose Street 11-A-130
1827 Rose Street 11-A-131
1825 Rose Street 11-A-132
1823 Rose Street 11-A-132-A
1821 Rose Street 11-A-132-B
Heldman Street 11-A-135
Kearney Way 11-A-154
Kearney Way 11-A-156
Mount Washington – 18th Ward
Ruth Street 15-C-220