Borough approves second reading of ordinance that would allow PIA to buy borough land below assessed value

 

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The Petersburg Borough Assembly unanimously approved an ordinance in its second reading Monday that could allow federally recognized tribes to purchase borough-owned land for less than their assessed value.

Currently, if the assembly determines it to be in the borough's best interest, borough property may be sold below assessed value to state and federal agencies, nonprofit entities, and for purposes of economic development.

If the ordinance passes, it would add federally recognized tribes, such as the Petersburg Indian Association, to that list of entities.

The ordinance was brought forwar...



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