Sec. 4b-39. (Formerly Sec. 4-128e). Tax exemption.

      Sec. 4b-39. (Formerly Sec. 4-128e). Tax exemption. Land, buildings or facilities leased pursuant to section 4b-35 and section 4b-36 shall be exempt from municipal taxation. The value of such land, buildings or facilities shall be used for computation of grants in lieu of taxes pursuant to section 12-19a.

      (1971, P.A. 572, S. 6.)

      History: Sec. 4-128e transferred to Sec. 4b-39 in 1989.