Taxation of real property acquired.

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All real property acquired by an agency for redevelopment purposes is subject to taxation in the same manner and at the same rate as other real property in the community unless the real property is located in the city of Providence or the city of Pawtucket and is exempted by an ordinance enacted by the city council.

History of Section.
P.L. 1956, ch. 3654, § 62; G.L. 1956, § 45-32-40; P.L. 1998, ch. 469, § 1; P.L. 2018, ch. 103, § 3.


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