Upon the written request of an owner of real property located
within the Town of New Canaan:
A. Pursuant to Section 8-215 of the General Statutes, the Town of New
Canaan is hereby authorized and empowered to abate, in part or in
whole, the real property taxes on "housing solely for low- or moderate-income
persons or families" as that phrase is defined in Section 8-202(c)
of the General Statutes and as the same may be amended from time to
time in accordance with the provisions of this article.
B. Pursuant to Title 12 of the General Statutes, the Town of New Canaan
is hereby authorized and empowered to enter into agreements with owners
of real property abating the real property taxes for certain real
property as set forth in the General Statutes.
Any abatement pursuant to Section 8-215 of the General Statutes
shall be made pursuant to a contract between the Town acting by and
through its Board of Selectmen, who are hereby authorized and empowered
to negotiate and execute such contracts on behalf of the Town, and
the owner of any such housing. The contract need not be conditioned
upon state reimbursement to the Town for such abatement but shall
provide:
A. The terms of such abatement;
B. That such abatement shall terminate at any time when such housing
is not solely for low- or moderate-income persons or families as defined
by the General Statutes; and
C. That moneys equal to the amount of such abatement shall be used by
said owner for one or more of the following purposes:
(1) To reduce rents below the levels which would be achieved in the absence
of such abatement and to improve the quality and design of such housing;
(2) To effect occupancy of such housing by persons and families of varying
income levels within limits determined by the Commissioner of the
Connecticut Department of Housing by regulation; or
(3) To provide necessary related facilities or services in such housing.
The Town, acting by and through the Board of Selectmen, is hereby
authorized and empowered to enter into agreements with respect to
state reimbursement for tax abatements or state payment in lieu of
taxes, as provided in Section 8-216 of the General Statutes, as the
same may be amended from time to time.