[Adopted BOS 4-10-1996]
This article is hereby adopted pursuant to the
provisions of Section 12-81b of the Connecticut General Statutes,
as amended.
The property tax exemption authorized by any
of Subsections (7) through (16), inclusive, of Section 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 July 1, 1995.
[Amended TC 6-16-2014]
Any tax-exempt organization eligible under this
article shall file an application with the Town Council 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 Town Council 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
Cromwell 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 to so 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 the land records.
