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Code · Nebraska · Chapter 14 — Cities of the Metropolitan Class

14-1721. Property; bonds; exempt from taxation; when.

55 words·~1 min read·/ne/chapter-14/14-1721

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The authority shall not be required to pay any taxes or assessments upon its facilities or properties acquired by it and used for a public purpose. Bonds issued under the Parking Authority Law, their transfer and income from such bonds, including any profits made from the sale of such bonds, shall be exempt from taxation.
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