[Adopted 2-10-2009]
As authorized by Section 12-91(c) of the Connecticut General Statutes, the Town hereby provides an exemption from property taxes for any building that is both (a) used actually and exclusively in farming, as that term is defined in Connecticut General Statutes Section 1-1, and (b) located on land that has been, and remains, classified as farm land pursuant to Connecticut General Statutes Section 12-107(c). Such exemption shall not exceed $100,000 of the assessed value of any eligible building and shall not apply to any building used for residential purposes. Such exemption shall be subject to the application and qualification process provided in Connecticut General Statutes Section 12-91(d). Such exemption shall also be subject to the change of ownership, conveyance tax, and classification provisions set forth in Connecticut General Statutes Sections 12-504a(a), 12-504a(c) and 12-504b. All references herein to the Connecticut General Statutes are to the statutes as they may hereafter be amended.
The exemption provided by this article shall apply only to assessment years beginning on or after October 1, 2009.