(A) Within 90 days of the effective date of this chapter, the City Assessor shall prepare the initial base year assessment roll. The base year assessment roll shall list each taxing jurisdiction in which the Downtown Authority District is located, the initial assessed value of the Development District on the effective date of this chapter, and the amount of tax revenue derived by each taxing jurisdiction from ad valorem taxes on the property in the Development District.
(B) The City Assessor shall transmit copies of the base year assessment roll to the City Treasurer, the County Treasurer, the Downtown Development Authority, and each taxing jurisdiction, together with a notice that the assessment roll has been prepared in accordance with this subchapter and the Development Plan and Tax Increment Financing Plan approved by this subchapter.
(Ord. 187, passed 5-4-92; Am. Ord. 309, passed 3-1-10)