taxes.
"Mixed-use redevelopment." An urban, suburban, village
development or single building that combines residential,
commercial, cultural, institutional or industrial uses to
provide efficiency for the community in terms of space,
transportation and economic development.
"Municipal corporation." A city, borough, incorporated town
or township.
"PROJECT AGREEMENT." AN AGREEMENT BETWEEN A DEVELOPER AND A
LOCAL TAXING AUTHORITY STATING THE TERMS AND CONDITIONS OF THE
MIXED-USE REDEVELOPMENT OF A SHOPPING MALL AUTHORIZED BY THE
LOCAL TAXING AUTHORITY FOR A TAX EXEMPTION OR SPECIAL TAX
PROVISION UNDER SECTION 5.
"Property maintenance code." A municipal ordinance that
regulates the maintenance or development of real property. The
term includes a building code, ZONING CODE, housing code and
public safety code.
"Real estate tax." A tax on a homestead imposed or
authorized to be imposed by a local taxing authority.
"Redevelopment." Repair, construction or reconstruction,
including alterations and additions, having the effect of
rehabilitating a shopping mall so that the shopping mall attains
higher standards of safety, health, economic use or amenity or
is brought into compliance with laws, ordinances or regulations
governing safety, health, economic use or amenity standards. The
term shall not include ordinary upkeep and maintenance.
"Serious violation." A violation of a State law or a
property maintenance code that poses an immediate imminent
threat to the health and safety of a dwelling occupant,
occupants in surrounding structures or passersby.
20230HB1799PN2754 - 3 -
<--
<--
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30