Title
Amending Title 2 of The Philadelphia Code, entitled "City-County Consolidation," Chapter 2-300, entitled "Property Assessment," Section 2-305, entitled "Office of Property Assessment; Chief Assessment Officer; Powers and Duties," by setting the deadline to apply for the exemption authorized by this Section to be June 1, 2015, for Tax Year 2016; all under certain terms and conditions.
Body
WHEREAS, Bill No. 130123, amending Section 2-305 of The Philadelphia Code, entitled "Office of Property Assessment; Chief Assessment Officer; Powers and Duties," by providing for standards for tax exemptions and for documentation requirements, all under certain terms and conditions, was passed by City Council on June 13, 2013, and signed by the Mayor on June 25th, 2013; and
WHEREAS, The Office of Property Assessment sent out notices dated January 21, 2015, but not sent out until February 13, 2015, to exempt entities notifying them of the need for certification and document requirements for exemption from real estate taxes and establishing March 31, 2015, as the deadline for such application submissions for Tax Year 2016; and
WHEREAS, The required documentation is burdensome: a copy of the organization's Articles of Incorporation; a copy of the organization's Internal Revenue Service letter of determination for 501-c (3) recognition; a copy of the organization's Charter and By-Laws, including all amendments; a copy of the most recent Income and Expense Statement; a copy of the organization's current Statement of Assets and Liabilities; a copy of the organization's most recently filed Internal Revenue Service Form 990; a statement of all fund-raising activities conducted by the organization; a copy of lease(s) entered into by the organization for space at the subject property; and a copy of the recorded deed for the subject property; and
WHEREAS, Failure to comply with the documentation requirements will slow processing; and
WHEREAS, Failure to meet ...
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