[Adopted 11-13-1978]
The property tax exemption authorized by any
of Subsections (7) through (16) inclusive of § 12-81 of
the Connecticut General Statutes shall be effective as of the date
of acquisition of the property to which the exemption applies, and
the provisions of this article shall apply to all such properties
acquired by tax-exempt organizations subsequent to September 1, 1976.
Any tax-exempt organization eligible under this
article shall file an application with the Board of Selectmen for
the appropriate abatement and reimbursement for any tax paid by it
for a period subsequent to the date of acquisition and for any tax
paid by the prior owner for a period subsequent to said date for which
such organization reimbursed such owner on the transfer of title to
such property, which reimbursement shall be based on an adjustment
on a fiscal-year basis. In the event that taxes have not been paid
for a payment period subsequent to the date of adjustment, such taxes
shall be abated upon appropriate application. The Board of Selectmen,
upon approving such application, shall authorize the appropriate refund
or abatement of taxes and shall give notice of such action to the
Tax Collector.
Such tax-exempt organization shall place the
deed or other instrument by which such property was conveyed on the
Killingworth Land Records within 10 days after such instrument is
delivered to it, in which event said organization shall be entitled
to the benefits of this article from the date of acquisition of the
property. If such tax-exempt organization fails so to record the deed
or instrument, it shall be entitled to the benefits of this article
only from the date on which such deed or other instrument shall have
been recorded on said Land Records.
