Every port authority and every municipality in which any property of the port authority is located may enter into agreements with respect to the payment by the port authority to such municipality of annual sums of money in lieu of taxes on such property in such amounts as may be agreed upon between the port authority and the municipality, and each such port authority may make, and each such municipality is empowered to accept, such payments and to apply them in the manner in which taxes may be applied in such municipality; provided no such annual payment with respect to any parcel of such property shall exceed the amount of taxes paid thereon for the taxable year immediately prior to the time of its acquisition by the port authority.
(P.A. 98-240, S. 21.)
Structure Connecticut General Statutes
Chapter 105 - Fire, Sewer and Other Districts
Section 7-324. - Definition. Continuation of former districts.
Section 7-325. - Organization. Boundary changes. Reports. Statements.
Section 7-327. - Meetings and referenda. Officers. Fiscal year.
Section 7-327a. - Petition for vote. Form. Statement by and qualification of circulator.
Section 7-328. - Taxation. Bonds.
Section 7-328a. - Home rule action.
Section 7-328b. - District may exempt motor vehicles from property tax.
Section 7-328c. - Districts established in 1839.
Section 7-329. - Termination of district.
Section 7-329a. - Establishment of port district and port authority. Jurisdiction.
Section 7-329b. - Definitions.
Section 7-329c. - Powers and duties of port authority.
Section 7-329d. - Regulations by port authority.
Section 7-329e. - Investigations.
Section 7-329f. - Property necessary for development.
Section 7-329g. - Issuance of bonds.
Section 7-329h. - Securing of bonds.
Section 7-329i. - Rates, rents, fees and charges.
Section 7-329j. - Receipts to be trust funds.
Section 7-329k. - Rights of bondholders.
Section 7-329l. - Tax exemption.
Section 7-329m. - Bonds to be legal investments.
Section 7-329n. - Municipal powers to aid port authority.
Section 7-329o. - Provision of property to port authority.
Section 7-329p. - Lease of facilities.
Section 7-329q. - Financial aid by municipality.
Section 7-329r. - Municipal guarantee of port authority bonds.
Section 7-329s. - Pledge or assignment of lease to secure bonds.
Section 7-329t. - Exemption of property from levy and sale by virtue of execution.
Section 7-329u. - Payment by port authority of sums in lieu of taxes.
Section 7-330. - Formation of municipal district.
Section 7-331. - Payment of expenses.
Section 7-332. - Admission to or withdrawal from district.
Section 7-333. - Metropolitan districts. Definitions.
Section 7-334. - Formation of metropolitan district. Jurisdiction.
Section 7-335. - Powers of districts.
Section 7-336. - Petition to establish district.
Section 7-337. - Charter commission.
Section 7-338. - Preparation of charter.
Section 7-339. - Vote on charter.
Section 7-339a. - Interlocal agreements. Definitions.
Section 7-339b. - Subjects of interlocal agreements.
Section 7-339c. - Procedure for entering agreements.
Section 7-339d. - Advisory board.
Section 7-339e. - Reimbursement of expenses of advisory board.
Section 7-339f. - Provisions required in agreements.
Section 7-339g. - Financing of activities.
Section 7-339h. - State and federal aid.
Section 7-339k. - Agreement to have status of compact. Parties in event of controversy.
Section 7-339l. - Authority to be in addition to other powers.