| LERTA (Local Economic Revitalization Tax Assistance Act)
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Resolution 2015-04, approved by the School District Board of
Directors on May 21, 2015, provides temporary exemption from Real
Property Taxation for specified time periods for certain increases in
assessed valuation made on Industrial, Commercial or Business Property
per provisions of the Local Economic Revitalization Tax Assistance Act
(LERTA), Act 76 of 1977.
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