Any property which a city, town, county, or any board of education or school district shall hold title to shall be treated and considered the same as the property of other record title holders. Such city, town, county, school district, or board of education within the district to be assessed may pay the total assessment against its property without interest within thirty (30) days from the date of the publication of the resolution levying the assessment or, in the event the assessment is not paid in full without interest within the thirty-day period, the city, town, county, school district, or board of education shall annually provide by the levy of taxes in a sufficient sum to pay the maturing installments of assessments and interest on said assessments.
Added by Laws 1978, c. 208, § 16, eff. Jan. 1, 1979. Amended by Laws 1984, c. 43, § 9, emerg. eff. March 27, 1984.