9-432. Remote municipal property as water
source; payments in lieu of property taxes required to transport
water
A. In exercising the powers granted by this title or by charter, a city, town or
successor political subdivision, acting through its governing body, may make voluntary
contributions of money to this state in lieu of taxes otherwise levied by taxing
jurisdictions on any of the city's, town's or political subdivision's remote municipal
property, as defined in section 42-15251.
B. Water may not be transported by a city, town or political subdivision from the
remote municipal property unless voluntary contributions under this article are current
and have been paid, together with any applicable penalties and interest, in the amount
determined under section 42-15253, beginning with the year in which the property was
purchased or January 1, 1992, whichever is later.
C. The city or town may alienate all or part of its interest in the remote
municipal property at any time, and if it does so, the city or town shall terminate its
payments under this article with respect to the alienated property. If the city or town
conveys all or part of its interest in the remote municipal property to another political
subdivision, the political subdivision shall continue the payments under this article
with respect to the transferred property.
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