Del. Code tit. 9 § 5413
Current through 2024 Legislative Session Act Chapter 269
Whenever the county, as lessor, leases its property within the TIF District, the property shall be assessed and taxed in the same manner as privately owned property, and the lease or contract shall provide that the lessee shall pay taxes or payments in lieu of taxes upon the assessed value of the entire property and not merely the assessed value of the leasehold interest.
9 Del. C. § 5413