Sec. 16-67. - Extended stabilization schedule.
Part of the Code of Ordinances of East Providence, RI.
The text
Year Percent Exempt
From Tax
1 100
2 90
3 80
4 70
5 60
6 50
7 40
8 30
9 20
10 10
In year 11 and thereafter, the new value will be taxed at the normal rate for the city.
(Ch. 595, § I, 12-17-13)