The Waterbury Democrat., 1939-08-30
LEGAL ADVERTISING

file with the city assessor, on xormS prescribed and furnished by him, lists of all the taxable property be- longing to them on the first day of May next preceding. At least fifteen days before such ftrSt day of May, the city assessor shall give public notice that such lists are required In the case of any person liable thereto who fails to file his list within the period limited, the city assessor shall make out and file . list for him including all taxable property in the city which the city assessor has reason to believe is owned by such person and liable to taxation. The city assessor may likewise add to any list any such property omitted from the list as filed.
 Sec. 122. Assessment of Property. All property subject to taxation shall be valued at its fair market value. The city assessor shall de- Velop uniform rules and standards for valuing real and personal pro- perty of different kinds, calculated to provide equitable, fair and req sonable valuation thereof, in no case to exceed the fair market value, and shall apply such rules and standards without distinction be- tween taxpayers. In valuing i'm proved real estate for taxation lthe land shall be valued separately and improvements thereon shall be val- ued at the amounts by which they increase the value of the land. The city assessor shall sdd ten per cent to the valuation, as determined hereunder, of all property assessed against persons who have failed to file their lists of taxable property as required hereunder, and, of all property omitted from any list and added thereto by him.
 Sec. 123. Tax Maps and Records. The city assessor shall maintain system of tax maps and land value maps and separate record of each parcel of land with the name and address of the owner of record, and the value of any building or other improvement thereon. The tax maps shall show the dimensions of each separRtely-assessed parcel of land and the land value maps shall show the value per front fool. according to a standard unit of depth, of all land abutting on any street or other public place within the city; but, as to acreage tracts and. land which does not so abut, the land value maps shall show the value per acre.
 Sec. 124. Fixing of General Tax Assessment. From the lists of tax able property filed by, or for, the owners of taxable property, as re- yised by him, the, city assessor shall determine, on or before the first day of September in each year, the value of all personal property and the value of all real property liable to taxation agairIst each person and shall assess such amounts against the persons ca1argeable herewith.
 Sec. i25. Levy of Old Age Assis-
 tance Tax. The city assessor shall likewise, on or before the first day of September in, each year, prepare list of all persons between the ages of twen Ly-one and sixty years, inclusive, residing in the city on the first day of August of such year and shall assess against each person whose name appears thereon the amount of old age assistance tax prescribed by law, provided the council may, by ordinance transfer these duties to the registrars of voters.
 Sec. 1a6. Special Assessments oi Damages. The cost of taking here- under any land or other property for public use, and the cost of any special damages to any property by reason or any public work or inn provey nent, shall be payable as the result of special assessments oi damages in favor of the owners oi such property, made as herein pro- vfded.
 ~sgc. 127. Special Assessments oi Be lefits.. The council may, by ordi- natace, provide for the payment oi all or any part of the cost of acquir. in's any land or other property fol public use, or of constructing or re- constructing any public improve ment, including a public utility, by the levying and collecting of specia assessments of benefits upon proper ty deemed to be specially benefited whereby, but any assessment of ben efits for replacement of any exist.
 ing public improvement in less thar fifteen years from the date of Q prior assessment for the improve ment to be replaced, shall be limited to 8 sum not in excess of fifty pel cent of the cost of such replace. ment. The amount so assessed a.
 benefits against any property shal not exceed the amount of benefit. appraised as accruing to such pro. perty.
 Sec. 12S. Preliminary Special AS.
 sessment Resolution. Before thu
 city shall proceed to take land ol
 other property for public use, ol
 make or reconstruct any public i'm.
 provement for which any specia
 assessment of benefits or damages
 is to be levied, the council shall first
 by resolution, declare its intention
 so to do, giving a general descrip'
 ton of the action contemplated
 specifying the portion of such cos
 to be so assessed and the number O
 annual installments, not exceeding
 ten, in which such assessments arl
 to be paid, and specifying a day ant
 hour, not less than ten days nor mor'
 than thirty days thereafter, a
 which a public hearing shall be helt
 to hear and consider any objection
 to the contemplated action. Th'
 publication of such preliminary res
 olution, as provided herein, shal
 constitute sufficient public notice t,
 all concerned of the action contem
 plated. When any property affected
 is situated outside the city, sucl
 resolution shall be published in {
 newspaper Of general circulation il
 the town in which such property i
 situated, as well as in the officia
 newspaper.
 Sec. 129. Hearings on Objections l At the day and hour specified, tn
 council, sitting in committee O
 the whole, shall afford clear ex | -sk..