Participating property owners contribute funds to MTA in like amount of exempted taxes to advance priority transportation projects as identified by the Township. Properties within the designated district are exempted from local taxes on the value of new buildings or improvements to commercial properties for 10 years. The Authority is funded by the Local Economic Revitalization Tax Assistance (LERTA) Revenue Allocation Program (RAP), a mechanism to finance certain transportation infrastructure improvements in the designated transportation district. MTA was established by Moon Township ordinance Apto improve and construct transportation infrastructure that promotes economic development and enhances safety and welfare of Moon’s residents. January Special Meeting 2021 Meeting Minutes.
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