The real properties described as Lots 837, 841, and 842, Square 525, and Lot 840, Square 526, owned by Golden Rule Plaza, Inc., a nonprofit corporation, shall be exempt from all taxation for a period of 15 years so long as these real properties continue to be owned by Golden Rule Plaza, Inc. , and are not used for commercial purposes, subject to the provisions of §§ 47-1005, 47-1007, and 47-1009.
CREDIT(S)
(Aug. 16, 2008, D.C. Law 17-219, § 7012(b), 55 DCR 7598.)
HISTORICAL AND STATUTORY NOTES
Emergency Act Amendments
For temporary (90 day) addition, see § 2(b) of Golden Rule Plaza, Inc., Real Property Tax Exemption and Real Property Tax Relief Emergency Act of 2007 (D.C. Act 17-177, November 5, 2007, 54 DCR 11223).
Legislative History of Laws
For Law 17-219, see notes following § 47-318.05a.
Miscellaneous Notes
Short title: Section 7011 of D.C. Law 17-219 provided that subtitle F of title VII of the act may be cited as the “Golden Rule Plaza, Inc., Real Property Tax Exemption and Real Property Tax Relief Act of 2008”.