Presenter
Presented by Mr. Deasy
Title
Ordinance amending the Pittsburgh Code, Title Two, Fiscal; Article IX, Property Taxes; Chapter 267, Exemptions for Industrial and Commercial Improvements; Section 267.01, Definitions; paragraph (k), Qualified Conversion to Commercial Residential Use, paragraph (o), Downtown District, and paragraph (u), Qualified Conversion to Residential Use; and Section 267.03, Exemption Schedule, paragraph (c), subparagraph (3); and Section 267.04, Exemption Conditions, paragraph (e), so as to eliminate the fifty (50) percent threshold requirement for conversions, to clarify the location of properties included within the Downtown District, and to eliminate the ownership restriction for qualified conversions to residential use.
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Pittsburgh Code, Title Two, Fiscal; Article IX, Property Taxes; Chapter 267, Exemptions for Industrial and Commercial Improvements, Section 267.01, Definitions, paragraph (k), Qualified Conversion to Commercial Residential Use, paragraph (o), Downtown District, and paragraph (u), Qualified Conversion to Residential Use, are hereby amended to read as follows:
(k) QUALIFIED CONVERSION TO COMMERCIAL RESIDENTIAL USE. Improvements having the effect of converting all or a portion of deteriorated property to commercial residential use, so that it becomes habitable [, provided that at least fifty (50) percent of the total building area, measured by floor area at ground level and above is so converted]. Neither new construction nor ordinary upkeep and maintenance shall be deemed a qualified improvement for this purpose.
(o) DOWNTOWN DISTRICT. The area begins at 11th Street and Penn Avenue, and continues northward along 11th Street to the Allegheny River. The boundary line then follows the southern shore of the Allegheny River westward to Commonwealth Place, where it turns south and follows Commonwealth Place to the...
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