§ 2-9.5-8. Ad valorem taxes on said facilities.

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As the authority serves an essential public purpose and performs an essential function, and as its facilities will constitute public property used for public purposes, no taxes or assessments shall be levied upon any such property or upon the income therefrom and bonds issued under the provisions of this chapter, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within this state.

(Ord. No. 14-38, § 3(Exh. A), 8-12-14)

                    
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