§ 31-86. Exemption granted.  


Latest version.
  • Upon compliance with all requirements of this article and all other applicable laws and resolutions, sixty-five thousand dollars ($65,000.00) of the assessed value of residence homestead of persons sixty-five (65) years of age or older shall be exempt from ad valorem taxes levied by the city.

(Code 1959, § 14-58: Ord. No. 42679, § 1(1), 8-23-73; Ord. No. 44159, 8-1-74; Ord. No. 58152, § 1, 1-19-84; Ord. No. 62252, § 1, 1-30-86; Ord. No. 97234, § 2, 2-20-03)