Sec. 8-213a. Apportionment and abatement of taxes on acquisition of property by redevelopment or housing site development agency.
Sec. 8-213a. Apportionment and abatement of taxes on acquisition of property
by redevelopment or housing site development agency. In any case where a redevelopment agency or housing site development 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 day 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.
(1969, P.A. 555, S. 1.)