2005 Idaho Code - 50-1908 — TAX EXEMPTIONS AND PAYMENTS IN LIEU OF TAXES

                                  TITLE  50
                            MUNICIPAL CORPORATIONS
                                  CHAPTER 19
                           HOUSING AUTHORITIES AND
                               COOPERATION LAW
    50-1908.  TAX EXEMPTIONS AND PAYMENTS IN LIEU OF TAXES. The property of an
authority is declared to be public property used for essential public purposes
and such property and an authority shall be exempt from all taxes and special
assessments of the city, the county, the state or any political subdivision
thereof; provided, however, that in lieu of such taxes, an authority may agree
to make payments to the city for improvements, services and facilities
furnished by such city for the benefit of a housing project, or in lieu of
such taxes, an authority may agree to make payments to a school district or
school districts, which district or districts include within its boundaries
all or a portion of the real property of an authority, for school services and
facilities furnished by said school district or districts, for the benefit of
the residents of a housing project.