Sec. 8-129a. Apportionment and abatement of taxes on acquisition of property.
Sec. 8-129a. Apportionment and abatement of taxes on acquisition of property. In any case where a redevelopment agency acquires real property, municipal taxes
on such property may be apportioned in accordance with prevailing local practice in
the transfer of property as of the date title vests in the grantee and the authority authorized
under the provisions of section 12-124 to abate taxes in the municipality wherein such
real property is situated may abate the taxes on such property from the date title so vests.
(February, 1965, P.A. 571, S. 1.)
Cited. 155 C. 399. Cited. 168 C. 135.
Cited. 1 CA 20. Cited. 2 CA 355. Cited. 4 CA 271.
Cited. 35 CS 157.