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<br /> "(g) Notwithstanding any provision to the contrary, there shall be levied upon each individual <br /> parcel of real property taxable under this chapter, a minimum real property tax of [$25] <br /> 100 per year, except under the following conditions: <br /> (1) If the property owner receives a Home Exemption or Totally Disabled Veteran <br /> Exemption resulting in the minimum tax and the assessed value of improvements is less <br /> than or equal to $75 000 then the minimum tax for this propertyshall be as follows: <br /> (i~roperty with improvements assessed at $50 001 to $75 000 the minimum tax <br /> shall be $75. <br /> (ii) Property with improvements assessed at $25 001 to $50 000 the minimum tax <br /> shall be $50. <br /> (iiiZProp_erty with improvements assessed up to $25 000 the minimum tax shall <br /> be 25. <br /> (2) If the propert i~ s assessed at a market value of less than or equal to $500, it shall be <br /> taxed at a minimum tax of $25." <br /> SECTION 3. New material is underscored. Material to be repealed is bracketed. In <br /> printing this ordinance, the brackets, bracketed material, and underscoring, need not be included. <br /> SECTION 4. Severability. If any provision of this ordinance, or the application thereof <br /> to any person or circumstance is held invalid, such invalidity shall not effect other provisions or <br /> applications of the ordinance which can be given effect without the provision or application, and, <br /> to the end, the provisions of this ordinance are declared to be severable. <br /> <br />