§ 4020. Taxation
The property of an authority is declared to be public property used for essential public and governmental purposes and such property and an authority shall be exempt from all taxes and special assessments of the State or any State public body thereof; provided however, that in lieu of such taxes or special assessments, the authority may agree to make payments to the State public body for improvements, services, and facilities furnished by such State public body for the benefit of the housing project, but in no event shall the payments exceed the estimated cost to such State public body of the improvements, services, or facilities to be so furnished. (1961, No. 212, § 20, eff. July 11, 1961.)
Structure Vermont Statutes
Title 24 - Municipal and County Government
Chapter 113 - Housing Authorities
§ 4003. Housing authority; establishment
§ 4004. Housing authority, members, powers
§ 4005. Vermont State Housing Authority; establishment, members, powers
§ 4012. Eminent domain; exemption of property from execution
§ 4015. Bonds authorized; conversion privileges
§ 4016. Bonds, powers, covenants
§ 4018. Powers may be conferred on obligee
§ 4019. United States cooperation