§ 1625. Termination
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 53 P.S. Municipal and Quasi-Municipal Corporations
53 P.S. § 1625
§ 1625. Termination
(a) Termination of district.--The designation of an area as a district or the imposition pursuant to section 31 of any taxes or assessments within the boundaries of the district shall not be terminated until:
(1) The projects constituting the program of projects planned pursuant to section 42 have been completed or canceled by the governing body of the municipalities or municipal authorities designating the district.
(2) The municipalities or municipal authorities have finally paid and discharged all notes, bonds or other obligations issued and outstanding and the interest due thereon and settled all other claims which may be outstanding against them which shall have been secured by a pledge of any of the revenues or receipts of a project or service or by a pledge of transportation district taxes or assessments.
(b) Joint action.--Municipalities jointly designating any area as a transportation development district, and imposing pursuant to section 3 any taxes or assessments within the boundaries of such district, may terminate the designation of the district and the imposition of such taxes and assessments only upon action by all such municipalities. Municipal authorities jointly designating any area as a transportation development district which pursuant to section 3(b) received approval from a municipality or municipalities to impose any assessments may terminate the designation of the district and the imposition of such assessments only upon action by all such municipal authorities.
(c) Refund.--Upon cancellation of projects or services, any taxes or assessments collected for those projects or services and not utilized by the municipalities or municipal authorities for the projects or services and not required for the purpose of retiring related outstanding obligations of the municipalities or municipal authorities shall be refunded.
Credits
1985, July 9, P.L. 187, No. 47, § 5, imd. effective.
53 P.S. § 1625, PA ST 53 P.S. § 1625
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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