§ 11-1-26. APPROVAL OF PARTIAL EXEMPTION BY COUNCIL.

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Concurrent with the annual tax levy, the city council may, by ordinance, annually approve partial exemptions from ad valorem taxes under this article for property designated as a historically or archaeologically significant site in need of tax relief to encourage its preservation.

Source: 1992 Code Section 5-5-20; Ord. 031204-10; Ord. 031211-11; Ord. 20110804-009.

                    
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