Sec. 4b-39. (Formerly Sec. 4-128e). Tax exemption.
Sec. 4b-39. (Formerly Sec. 4-128e). Tax exemption. Land, buildings or facilities
leased pursuant to section 4b-35 and section 4b-36 shall be exempt from municipal
taxation. The value of such land, buildings or facilities shall be used for computation
of grants in lieu of taxes pursuant to section 12-19a.
(1971, P.A. 572, S. 6.)
History: Sec. 4-128e transferred to Sec. 4b-39 in 1989.