§46-112  Tax on leased redevelopmentproperty.  Whenever property in the tax increment district has beenredeveloped and thereafter is leased by the county or redevelopment agency toany person or whenever the county or agency leases real property in any taxincrement district to any person for redevelopment, the property shall beassessed and taxed in the same manner as privately owned property, and thelease or contract shall provide that the lessee shall pay taxes upon theassessed value of the entire property and not merely the assessed value of thelessee's leasehold interest. [L 1985, c 267, pt of §1]