Laserfiche WebLink
Highlights <br /> Page Two <br /> <br /> January 22, 2003 <br /> S. Breach of dedication; deferred or rollback taxes. <br /> • Will occur if the property is sold, unless the buyer assumes the dedication in <br /> writing Sec. 19- (g)(1)(B)]. Currently, the hnyer anlornaticnll}~ a,rsi~mes tDie <br /> dPdlCa/LOn. <br /> • Will occur if the property is not used as dedicated for 6 consecutive months, <br /> unless the non-use is part of an approved farm plan Sec. L9- (a)(2)(A)]. <br /> Currently, breach of dedication occurs after 12 conse~~ittii~e mm~~h.c of non-use, <br /> with no exceptions Sec. 19-(g)(2)(A)]. <br /> 6. Breach exceptions. Allow cancellation for natural disasters, when land can no <br /> lont*,er be used for the dedication, or the death or disability of the primary farmer <br /> [Sec. 19-__(h)~. Currently, no exceptions are allowed. <br /> 7. 'fax rollback. <br /> • If the property has been in its dedicated use for 5 years or less, apply rollback <br /> taxes from the beginning of the dedication; <br /> • If in use for 6 years, apply rollback from 4 years back; <br /> • If in use for 7 years, apply rollback from 3 years back; <br /> • If in use for 8 or 9 years, apply rolhack from 2 years back Sec. 19-(g)(3)(F)]. <br /> Currently, rollback taxes are calculated from the beginning q/~ the dedication, <br /> regardless of how long the property was in its dedicated use. <br /> <br />