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The Vermont Statutes Online

Title 24 Appendix : Municipal Charters

Chapter 005 : CITY OF MONTPELIER

Subchapter 012 : ASSESSMENT AND COLLECTION OF TAXES; ESTABLISHMENT OF WATER AND HEAT RATES

(Cite as: 24 App. V.S.A. ch. 5, § 1213)
  • § 5-1213. Property tax credits; sprinklers

    By resolution or ordinance, the City Council may grant credits equal to no more than 10 percent of the annual municipal property tax, or reductions of up to 10 percent of the appraised valuation, for residential and nonresidential buildings equipped with an operating fire sprinkler system approved by the Fire Chief in accordance with applicable codes and ordinances. (Amended 2013, No. M-19 (Adj. Sess.), § 2, eff. May 20, 2014.)