Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 3213
Taxation of leased property in TIF District
Official textdelcode.delaware.gov
Whenever the county, as lessor, leases its property within the TIF District, the property shall be assessed and taxed in the same manner as privately owned property, and the lease or contract shall provide that the lessee shall pay taxes or payments in lieu of taxes upon the assessed value of the entire property and not merely the assessed value of the leasehold interest.
Amendment history
76 Del. Laws, c. 187, § 1
Source: view the official text
In this title (40 sections)
- 9-3007 · Recording unapproved plans; penalty
- 9-3008 · Improvements private until dedicated
- 9-3009 · Approved plan to be recorded
- 9-3010 · Schedule of fees
- 9-3011 · Effect of approved plan on official map
- 9-3012 · Notice to local school districts of residential subdivision…
- 9-3013 · Effect of open space acquisition
- 9-3101 · , 3102. Contributory funded pension program authorized;…
- 9-3201 · Title
- 9-3202 · Definitions
- 9-3203 · Bonds to finance development of industrial, commercial or…
- 9-3204 · Payment of bonds
- 9-3205 · Application of bond proceeds
- 9-3206 · Conditions precedent to issuance of bonds
- 9-3207 · Resolution creating special fund
- 9-3208 · Uses of special fund
- 9-3209 · Agreements to pay revenue from taxes on tax increment into…
- 9-3210 · Ordinance authorizing bonds
- 9-3211 · Exemption of bonds from taxation
- 9-3212 · Nature and incidents of bonds
- 9-3213 · Taxation of leased property in TIF District
- 9-3214 · TIF District consistency with certified comprehensive plan
- 9-3215 · Construction of chapter
- 9-3301 · Definitions
- 9-3302 · Special taxes authorized; purpose; requirements and…
- 9-3303 · Issuance and sale of bonds; section self-executing
- 9-3304 · Bonds payable from special fund; complementary powers of…
- 9-3305 · Actions necessary before issuing bonds
- 9-3306 · When no bonds outstanding
- 9-3307 · Adoption of ordinance to implement authority
- 9-3308 · Taxation of bonds
- 9-3309 · Bond form; signatures; maturity; manner of sale
- 9-3310 · Bonds issued are securities
- 9-3311 · Powers granted are supplemental to other laws
- 9-3312 · Construction of chapter
- 9-3313 · Special taxes on real property as alternative to ad valorem…
- 9-3314 · Bonds not to constitute general obligation debt
- 9-3315 · Special Development District consistency with certified…
- 9-3316 · Limitation on ad valorem or special taxes within Special…
- 9-3401 · Definitions