Sec. 12-65. Agreements fixing assessments on multifamily housing.
Sec. 12-65. Agreements fixing assessments on multifamily housing. Any municipality acting through its board of selectmen, town council, court of common council
or other governing body shall have the power to enter into a written agreement with a
taxpayer fixing the assessment of real estate to be used for a housing project consisting
of three or more housing units to be constructed or rehabilitated, provided: (a) The
real estate to be used for said housing project is in a redevelopment area, community
development area or neighborhood strategy area, included (1) in a redevelopment plan
approved by a redevelopment agency pursuant to section 8-127, (2) in an urban renewal
project authorized by a redevelopment agency pursuant to section 8-141 or (3) in a
community development plan approved by the municipality under sections 8-169a to
8-169j, inclusive; (b) the term of such agreement shall not exceed fifteen years from
the date of the completion of the housing project or completion of rehabilitation of the
housing project or sixteen years from the date of the agreement, whichever is the shorter
period; (c) the assessment agreed on for the real estate plus future improvements shall
not be less than the assessment as of the last regular assessment date of the real estate
without such future improvements. If the municipality claims that the taxpayer is not
complying with the terms of such agreement, the municipality may bring an action in
the superior court of the judicial district in which the municipality is located to force
compliance with such agreement; but a mortgagee may loan its money in reliance on such
agreement and nothing herein contained shall be construed to permit the municipality to
increase the assessment during the aforesaid period beyond the amount agreed on.
(1949 Rev., S. 1739; 1957, P.A. 163, S. 25; 1963, P.A. 615, S. 1; 1969, P.A. 335; P.A. 78-280, S. 2, 127; P.A. 79-589,
S. 1, 2; P.A. 88-280, S. 10.)
History: 1963 act added provision (a), increased the term of the agreement by five years, extended the date for commencement of construction from 1949 to 1969 and deleted provisions re rental rates and preference as tenants for veterans and
members of merchant marine; 1969 act extended date for commencement of construction from 1969 to 1971 in Subdiv.
(c); P.A. 78-280 substituted "judicial district" for "county"; P.A. 79-589 specified housing projects "consisting of three
or more housing units", included rehabilitation projects, amended Subdiv. (a) to include projects in community development
areas or in neighborhood strategy areas and deleted former Subdiv. (c), relettering Subdiv. (d) accordingly; P.A. 88-280
made technical change, substituting reference to Sec. 8-169j for reference to Sec. 8-169n.
Cited. 17 CA 166.