54.36.070 - Increased financial burden on county or other taxing district -- Power to make payments.

Increased financial burden on county or other taxing district — Power to make payments.

Public utilities are hereby authorized to make payments to a county or other taxing district in existence before the commencement of construction on the construction project which suffers an increased financial burden because of their construction projects, but such amount shall not be more than the amount by which the property taxes levied against the contractors engaged in the work on the construction project failed to meet said increased financial burden.

[1957 c 137 § 7.]