42-15251. Definition of remote municipal property In this article, unless the context otherwise requires, " remote municipal property" means either: 1. Property that is owned by a city, town or successor political subdivision and that is not located in the county in which all or part of the city, town or political subdivision is located […]
42-15252. Determining assessed valuation of remote municipal property A. The county assessor shall determine the full cash value and assessed valuation of remote municipal property at the same amount and using the same method of assessment as applied to private property that is used for the same purpose in the county. B. Remote municipal property […]
42-15253. Computing amount of taxes otherwise payable on remote municipal property A. On or before the third Thursday in August, the county board of supervisors shall compute and report to the city, town or political subdivision the amount of property taxes that would otherwise be payable on the city’s, town’s or political subdivision’s remote municipal […]
42-15254. Conveyance of remote municipal property to private ownership; payment of tax revenues A. If the municipality conveys the title to the remote municipal property to private ownership, a political subdivision that receives property taxes from the property, and that has outstanding bonds or other long-term obligations that are secured by water transportation revenues under […]
