§ 153.40  TITLE TO PROPERTY VESTED IN AUTHORITY; TAX EXEMPTIONS.
   The title to all property acquired by the Authority shall vest in the Authority.  All property acquired for the development of industrial sites, parks and subdivisions shall be exempt from taxation to the same extent as other property used for public purposes.  All revenues collected by the Authority shall also be exempt from taxation.
(Ord. 87-04, passed 4-2-87)