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Chalfont proposing LERTA designation

Chalfont Borough Council will conduct a public hearing on LERTA and Revitalization Tax Assistance to consider the adoption of a proposed ordinance that will designate an area of the borough eligible for a tax exemption.

The Local Economic Revitalization Tax Assistance Act (LERTA) designation would provide tax exemptions for new construction of industrial, commercial or other business property and improvements to industrial, commercial or other business property within the LERTA area.

Location: Chalfont Borough Hall
Date: Tuesday, Aug. 8, 2017
Time: 7:00pm
Address: 40 N. Main St., Chalfont, PA

The full text of the proposed ordinance may be examined at Chalfont Borough Hall during normal business hours and at the Bucks County Law Library.  Visit the “Items Under Consideration” section of the Chalfont Borough website for more information.

 

 

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