§ 150.36 DEDUCTIONS.
   The owner of property which is located in an economic revitalization area is entitled to a deduction from the assessed value of the following type of property for a period of years as set forth.
 
Property Type
Number of Years for Deduction
Personal
5 years
Real
10 years
 
(1987 Code, § 4-82) (Res. 19, 1985, passed 12-16-1985)