[Adopted 8-26-1997 by Ord. No. 97-8-26]
A.
Whenever any new construction of real estate is completed
after an assessment date, the Tax Assessor, within 90 days of receiving
notification from the Building Inspector of the issuance of a certificate
of occupancy or a determination by the Tax Assessor that such new
construction is being used for the purpose for which the same was
constructed, shall determine the increase in assessed value of the
property for the preceding tax year and prorate such additional amount
from the date of issuance of the certificate of occupancy or from
the date on which such construction was first used for the purpose
for which the same was constructed, whichever is earlier, to the next
assessment date and add such additional amount to the tax roll for
the immediately preceding assessment date in accordance with R.I.G.L.
§ 44-5-13.13.
B.
Whenever a building is so damaged as to require total
reconstruction before it may be used for any purpose related to its
use prior to such damage (excluding damage caused by a natural disaster),
and the owner subsequently provides for complete demolition of the
building and has all materials from the demolition removed from the
property on which the building was situated or used as fill on said
property for purposes of grading, the Tax Assessor, within 90 days
of receiving notice from the Building Inspector that said building
was demolished, removed and graded to his/her satisfaction, shall
determine the decrease in the assessed value of the property for the
preceding tax year and prorate such reduction in amount from the date
of completion of such demolition, removal and grading to the satisfaction
of the Building Inspector to the next December 31 and subtract the
decreased amount from the tax roll for the immediately preceding assessment
date in accordance with R.I.G.L. § 44-5-13.14 and this article.
The Building Inspector shall notify the Tax
Assessor, in writing, within 10 days of the issuance of a certificate
of occupancy on any new construction or the determination that a damaged
building has been satisfactorily demolished, removed and graded.
Within five days of adjusting an assessment
because of new construction or removal of a damaged building, the
Tax Assessor shall notify the record owner of such property and the
Tax Collector of such adjustment to the assessment.
Within 10 days of receipt of notice of an adjustment
by the Tax Assessor, the Tax Collector shall mail or hand deliver
an additional or revised bill, as the case may be, to the record owner
of the property based upon the amount prorated by the Tax Assessor.
Any additional tax owed shall be due, payable, and collectible as
other municipal taxes; provided, however, such additional tax shall
be due and payable in an initial or single installment not sooner
than 30 days after the date such bill is mailed or hand delivered
to the record owner, and in any remaining, regular installments, as
the same are due and payable, and the several installments of such
tax so due and payable shall be equal.
Any person claiming to be aggrieved by the action
of the Tax Assessor under this article may appeal the actions of the
Tax Assessor to the Assessment Board of Review within 60 days from
notification of an adjustment to the assessment or to the Superior
Court as provided.
