City of Meriden, CT
New Haven County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Council of the City of Meriden as indicated in article histories. Amendments noted where applicable.]
GENERAL REFERENCES
Department of Finance — See Ch. 3, Art. VII and Charter, Ch. VIII.
Funds — See Ch. 25.
Property acquisition and disposal — See Ch. 41.
Taxation — See Ch. 187.
[Adopted 6-1-1987]
A. 
All real property in the enterprise zone which was improved during the period when such area is designated as an enterprise zone shall have its real estate assessments fixed. Such fixed assessment shall be for a period of seven years from the time of such improvements and shall defer any increase in assessment attributable to such improvements according to the following schedule:
Year
Percentage of Increase Deferred
First
100%
Second
100%
Third
50%
Fourth
40%
Fifth
30%
Sixth
20%
Seventh
10%
B. 
Any fixed assessment on any residential property shall cease if:
(1) 
For any residential rental property, any dwelling unit in such property is rented to any person whose income exceeds 200% of the median family income of the municipality; or
(2) 
For any condominium conversion declared after the designation of the enterprise zone, any unit is sold to any person whose income exceeds 200% of the median family income of the municipality.
In the event of a general revaluation by any such municipality in the year in which such improvement is completed, resulting in any increase in the assessment on such property, only that portion of the increase resulting from such improvement shall be deferred. In the event of a general revaluation in any year after the year in which such improvement is completed, such deferred assessment shall be increased or decreased in proportion to the increase or decrease in the total assessment on such property as a result of such revaluation.
No improvement of any real property which qualifies as a manufacturing facility under § 32-9p(d) of the Connecticut General Statutes shall be eligible for any fixed assessment pursuant to this article.
[Added 9-19-1988; amended 3-6-1989]
Residential and commercial property in the enterprise zone which is either newly constructed or rehabilitated subsequent to April 16, 1987, shall be eligible for deferral of assessment increases resulting from such construction or rehabilitation for a seven-year period in accordance with the schedule contained in § 19-1A of this article. In order to qualify for assessment deferral under this section a project consisting of real property improvements, rehabilitation or new construction must be undertaken pursuant to a building permit issued for the project. Furthermore, in order to qualify for property tax deferral under this article, the property owner must file an application for enterprise zone tax deferral on forms available from the City's Enterprise Zone Coordinator, Tax Assessor or the Building Department. This application must be filed no later than the Grand List date for which deferral is requested, except for tax deferral applications for the October 1, 1987, and October 1, 1988, Grand Lists which have until January 31, 1989, to file.
[Added 9-19-1988]
A. 
Commercial businesses which occupy space which has been improved, rehabilitated or newly constructed and which have applied for a property tax deferral under § 19-1A of this article are eligible to apply for a three-year personal property tax deferral for personal property new to the Grand List of the City of Meriden according to the following schedule:
(1) 
First year: 100%.
(2) 
Second year: 100%.
(3) 
Third year: 50%.
B. 
Commercial businesses that are leasing improved, rehabilitated or newly constructed space in a building which has applied for a seven-year property tax deferral under § 19-1A of this article must have a three-year lease to occupy said space to qualify for the three-year personal property tax deferral.