§ 70-79. Exemptions.  


Latest version.
  • (a)

    The following property situated within the city shall be exempt from taxation, to-wit:

    (1)

    Public property used for public purposes;

    (2)

    Actual places of religious worship, also any property owned by a church or by a strictly religious society for the exclusive use of the ministry for a dwelling place and which yields no revenue whatever to such church or religious society; provided that such exemption shall not extend to more property than is reasonably necessary for a dwelling place, and in no event more than one acre of land;

    (3)

    Places of burial not held for private or corporate profit;

    (4)

    Public school houses;

    (5)

    All buildings used exclusively for school purposes and the necessary furniture for all schools and property used exclusively and reasonably necessary in conducting any association engaged in promoting the religious, educations, and physical development of boys, girls, young men or women, operating under a state or national organization of like character;

    (6)

    The endowment funds of such institutions of learning and religion not used with a view to profit; and

    (7)

    When the same are invested in bonds or mortgages, or in land or other property, such exemption of such land and property shall continue only for two years after the purchase of the same by such institutions and institutions of public charity.

    (b)

    Provided, however, that such schools, churches and other organizations or institutions desiring the right of exemption of the properties specified in subsection (a) of this section, shall first prepare and file with the assessor and collector of taxes a complete itemized statement of all property, of any and every kind whatsoever, which is claimed to be exempt from taxation under the provisions of this article, and all property not so listed shall be assessed and it shall be the duty of the assessor and collector of taxes to make levy on same, and to collect the taxes.

    (c)

    The itemized list of exemptions when made by such schools, churches or other organizations or institutions shall be sworn to by some officer of such schools, churches, or other organizations or institutions familiar with the facts, and when the same has been filed with the assessor and collector of taxes shall be subject to inspection by any person at any reasonable time.

(Code 1976, § 14-36)