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35.87A.170 - Exemption period for new businesses and projects.

Exemption period for new businesses and projects.

Businesses or multifamily residential or mixed-use projects established after the creation of an area within the area may be exempted from the special assessments imposed pursuant to this chapter for a period not exceeding one year from the date they commenced business in the area.

[1993 c 429 § 10; 1971 ex.s. c 45 § 17.]

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