Massachusetts General Laws ch. 40O sec. 6 – Property included in fee formula; exemptions
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Section 6. All real property located within the proposed BID shall be considered in the fee formula for the supplemental services and programs as outlined in the improvement plan.
Terms Used In Massachusetts General Laws ch. 40O sec. 6
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
The municipality may exempt from fees certain properties, specifically classified as: (1) owner-occupied residential; (2) agricultural; or (3) tax exempt.