(a) For purposes of accountability, the director shall prepare a notice of property assessment for each parcel of nontaxable real property within the city.
(b) The notice shall contain the valuation of the real property and an exemption in the full amount of the valuation.
(Sec. 8-9.1, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 8, Art. 9, § 8-9.1) (Am. Ords. 92-124, 02-45)