2006 Louisiana Laws - RS 3:4286 — Inspection and valuation of lands for tax purposes

§4286.  Inspection and valuation of lands for tax purposes

Upon receipt of the application, the commission, represented by the state forester or some suitable competent and reliable person designated by him, shall in company with a competent landowner designated by the parish governing authority inspect the lands to ascertain its character and value, the value to be fixed as to the lands without regard to the timber, if any, growing thereon, and determine the suitability of the lands for the purpose of timber growing, timber production, and timber culture; and also make a written report of the inspection and their findings to both the commission and the parish governing authority.

No contract shall be entered into between the commission and any landowner under the provisions of R.S. 3:4285 through 4288 until the commission, represented by the state forester or some suitable, competent, and reliable person designated by him, and the governing authority of the parish in which the lands are situated, after inspecting the lands and the then existing assessment rolls shall agree upon, determine, and fix the then cash value of the lands, which value may vary from that appearing upon the current assessment rolls of the parish and show a different value for different portions thereof.  The parish governing authority shall set forth the value so agreed to determine and fix, by proper resolution (which shall also mention the existing assessed value) passed at a regular or duly called meeting, the resolution to be a part of the permanent records of the parish governing authority.

The value of the lands fixed as herein provided shall be accepted by the Tax Commission of Louisiana and the assessor of the parish in which the land is situated for the purpose of taxation, and the lands shall be assessed from year to year on the assessment rolls, at the value so fixed, all as shall be provided in the contract authorized herein.