Burrillville — Property tax classification — List of ratable property

# (a)

Upon adoption of a system of classification of taxable property by the town of Burrillville, all ratable property in the town of Burrillville shall be classified by the assessor as follows:

# (1)

Class 1: All residential real estate, which consists of not more than six (6) dwelling units. Class 1 includes all mobile/manufactured homes and residential condominiums;

# (2)

Class 2: All commercial and industrial real estate and all residential real estate which consists of more than six (6) dwelling units;

# (3)

Class 3: All ratable tangible personal property;

# (4)

Class 4: All motor vehicles and trailers subject to the excise tax created by chapter 34 of this title.

# (b)

Where real property is used or held for more than one purpose and the uses result in different classifications, the town council may, by ordinance, establish a process by which the assessor shall tax the property at the rate of the predominate use of the property.

# (c)

Notwithstanding any provisions of § 44-5-11.8, the tax rates applicable to wholesale and retail inventory within Class 3 as defined in subsection (a) of this section are governed by § 44-3-29.1.

# (d)

The tax rates applicable to motor vehicles within Class 4 as defined in subsection

(a) of this section are governed by § 44-34.1-1 [repealed].