The Metro Council hereby establishes a property assessment and reassessment moratorium program for qualifying properties pursuant to KRS 99.595 through 99.605 and KRS 132.452. Nothing included in this chapter shall prohibit partnership agreements with other local taxing authorities, subject to state law, regarding a five year moratorium on a portion of the tax assessment that would result from the improvement of qualifying structures subject to their taxing authority.
(1994 Jeff. Code, § 154.01) (Jeff. Ord. 10-1983, adopted and effective 6-28-1983; Lou. Metro Am. Ord. No. 114-2007, approved 7-2-2007; Lou. Metro Am. Ord. No. 45-2020, approved 3-20-2020)