§ 21-101. Ad valorem tax increase on blighted property.

(a)

There is hereby levied on all real property within the city which has been officially identified as maintained in a blighted condition an increased ad valorem tax by applying a factor of ten (10.0) to the millage rate applied to the property, so that such property shall be taxed at a higher millage rate than that generally applied in the municipality, or otherwise provided by general law; provided, however, real property on which there is situated a dwelling house which is being occupied as the primary residence of one (1) or more persons shall not be subject to official identification as maintained in a blighted condition and shall not be subject to increased taxation.

(b)

Subject to the time limitations provided in section 21-103(f), such increased ad valorem tax shall be applied and reflected in the first tax bill rendered following official designation of a real property as blighted and shall be due and payable as taxes are due and payable to the City of Dublin.

(c)

Revenues arising from the increased rate of ad valorem taxation shall be placed in the general fund of the City of Dublin.

(Ord. No. 16-15, 12-1-2016; Ord. No. 17-15, § 1, 10-5-2017)