§ 170-17. Declaration of policy.

Latest version.

As part of the approval process of residential subdivisions, the Town and its agencies require such subdivisions to include infrastructure which is ultimately dedicated to the town. The additional value attributable to such infrastructure should be exempt from taxation of the subdivision lots for a limited period of time and until a certificate of occupancy is issued on the lots in order to minimize the negative impact of the taxes on the affordability of single-family residences in the town.

                    
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