[Adopted 11-22-1993]
Pursuant to Section 12-81b of the Connecticut
General Statutes, a municipality may, by ordinance, provide that the
property tax exemption applicable to certain tax-exempt corporations
shall be effective as of the date of acquisition of such property
to which the exemption applies.
Any real or personal property acquired by a corporation, organized and existing for the purpose of acquiring land and holding the same in perpetuity for the purposes of conservation or environmental protection and protecting the said land from development, which corporation is exempt from taxation under Section 12-81(7) of the Connecticut General Statutes, shall be exempt from taxation as of the date of acquisition of such property; provided, however, that the reimbursement to be provided to the qualifying corporation is limited as set forth in §§ 141-12 and 141-13 herein.
A qualifying corporation may submit an application
for reimbursement for up to $5,000 in taxes either paid by the qualifying
corporation for a period subsequent to the date of acquisition or
paid by the prior owner for a period subsequent to the date of acquisition
for which such qualifying corporation reimbursed such owner upon the
transfer of title to the property. In no event shall the request for
reimbursement exceed $5,000 in total. Said application for reimbursement
must be made to the Assessor of the Town of Simsbury on a form prescribed
by him not later than the first day of October next following the
date of acquisition by the exempt corporation. If the application
requests reimbursement for taxes paid by the prior owner for a period
subsequent to the date of acquisition for which such qualifying corporation
reimbursed such owner on transfer of title to the property, the applicant
shall append to the application all documentation supporting said
claim of reimbursement, including copies of checks and/or statements
evidencing the amount that the qualifying corporation reimbursed the
prior owner on transfer of title.
If any amount shall have been paid on account of taxes upon real or personal property which is exempt from taxation hereunder, then upon application timely made as set forth in § 141-12 above, the Treasurer of the Town is authorized and directed to refund to the exempt corporation, without interest, such portion of said amount as represents taxes for the period subsequent to the acquisition date; provided, however, that the total reimbursement shall not exceed $5,000.
For purposes of this article, the acquisition date shall be the date of recording on the Simsbury Land Records of the deed transferring title to the real and personal property to the tax-exempt corporation referenced in § 141-11 above.
This article shall apply to real and personal
properties acquired by a qualifying exempt organization on or after
December 1, 1992.
