Okla. Stat. tit. 11, § 11-38-122

This is the official text of Okla. Stat. tit. 11, § 11-38-122, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.

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Certain documents to be transmitted to county clerk,

Official statutory text

assessor and treasurer - Valuation of real property.

A. After the designation by the municipal governing body of a

tax increment allocation district, the city clerk shall transmit a

copy of the description of the district, a copy of the resolution or

ordinance designating the district and a map or plat indicating the

boundaries of the district to the clerk, assessor and treasurer of

the county in which the tax increment allocation district is

located. These documents shall be transmitted as promptly as

practicable following the designation of the district, but in any

Oklahoma Statutes - Title 11. Cities and Towns Page 426

event on or before January 1 of the next year following the

designation of the district.

B. As soon as possible after the documents referred to in

subsection A of this section have been received by the county

assessor's office, the county assessor shall assess the value of all

real property located in the tax increment allocation district. This

assessed valuation, hereinafter referred to as the "base year net

assessed valuation", shall be certified to the county clerk and the

city clerk on or before July 1 of the next year following the

designation of any tax increment allocation district.

Status: in_force · Read it on the official government site

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