A RESOLUTION RE-ENACTING A
REAL ESTATE TRA...
RESOULTIONnA RESOLUTION RE-ENACTING A REAL ESTATE TRANSFER TAX RESOLVED, by the Board of Directors of the School District of the City of Jeannette, Westmoreland County, Pennsylvania, under and by virtue of the authority vested in it by Act No. 511 of the General Assembly of the Commonwealth of Pennsylvania, approved December 31, 1965, as amended, known as "The Tax Enabling Act", and Act 77 of July 2, 1986, Article XI-D, known as "Local Real Estate Transfer Act," as follows:nThe Resolution which, for general revenue purposes, provide for the levying, assessment, and collection of a Real Estate Transfer Tax as the rate of one (1%) percent on the selling price or value upon the transfer of real property or interests in real estate situate in the School District of the City of Jeannette, Westmoreland County, Pennsylvania, are hereby re-enacted for the school fiscal year beginning July 1, 2016 , and ending June 30, 2017 , and such tax shall continue in force on a fiscal year basis. nThe amount of revenue estimated to be derived therefrom during said fiscal year is $55,000.00 , as per tentative budget 16th day of May 2016 .nBOARD OF DIRECTORS OF THE nSCHOOL DISTRICT OF THE CITYnOF JEANNETTE,nWESTMORELAND COUNTY, nPENNSYLVANIAnMorrison F. Lewis, Jr., PresidentnJanet M. Langford, Board nSecretary n6314998(5-19,26,6-2-16)