The agreement of annexation may provide for specific property having a situs thereon embraced in the annexed city or town to be exempt from city or town taxation or the payment of taxes to the annexing city or town for a period not exceeding 10 years and may provide a maximum license tax to be annually assessed and collected by the annexing city or town from each and every person, firm, company, or corporation engaging in or carrying on any business, vocation, occupation, or profession in the territory exempt from taxation.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 42 - Alteration of Corporate Limits.
Article 4 - Consolidation of Contiguous Municipalities.
Section 11-42-120 - Mode of Consolidation Generally.
Section 11-42-121 - Appointment of Commissioners.
Section 11-42-123 - Ordering of Election by Proclamation.
Section 11-42-124 - Inspectors.
Section 11-42-126 - Declaration of Election Result; Declaration of Annexation of Municipality.
Section 11-42-127 - Filing and Recordation of Copy of Agreement and Merger.
Section 11-42-128 - When Annexation Deemed Perfected.
Section 11-42-129 - Costs and Expenses of Annexation.
Section 11-42-130 - Ownership of Property of Municipality Annexed.
Section 11-42-131 - Continuation of Civil Actions Against Municipality Annexed.
Section 11-42-132 - Provisions in Annexation Agreement as to Taxation in Municipality Annexed.