CHAPTER 416

FORMERLY

HOUSE BILL NO. 104

AS AMENDED BY HOUSE AMENDMENT NO. 1

AN ACT TO AMEND CHAPTER 83, TITLE 29 OF THE DELAWARE CODE RELATING TO THE AUTHORIZATION OF COMPENSATORY PAYMENTS TO THE CITY OF DOVER FOR CERTAIN EXEMPT PROPERTIES OWNED BY THE STATE OF DELAWARE.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend Chapter 83, Title 29 of the Delaware Code by adding a new §8318 to read as follows:

"§8318. Compensatory Payments for Certain Exempt Properties Owned by The State of Delaware to the City of Dover'

(a) The city of Dover shall appraise and assess real property taxes on all property owned by the State of Delaware lying within the City limits of the City of Dover and shall annually submit statements of these appraisals and assessments unto the Secretary of the Department of Finance, said assessments and appraisals to be in accordance with the procedure for appraising and assessing real property in the City of Dover.

(b) The Secretary of the Department of Finance shall examine and inspect the assessment and appraisals submitted by the City of Dover and shall have all rights to question the assessments and appeal any decisions regarding the same. If the Secretary of the Department of Finance is satisfied that the assessments and appraisals are accurate, then he shall direct payment of 7.7 percent of the assessed tax to the City of Dover."

Approved July 23, 1990.