[Adopted 6-25-1985]
The property tax exemption authorized by any of Subsections (7) to (16) inclusive of C.G.S. § 12-81, as amended, shall be effective as of the date of acquisition of the property to which the exemption applies. Any tax-exempt organization shall be reimbursed by the Town of Clinton for any tax paid to the Town of Clinton, or to the prior owner of said property, by way of adjustment at the transfer of title subsequent to its date of acquisition.
This article shall be applicable to all transfers of property subsequent to January 1, 1983.