Arizona Code § 42-15008

Assessed valuation of class eight property
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42-15008. Assessed valuation of class eight property
The assessed valuation of class eight property described in section 42-12008 is the percentage of value prescribed for class four property by section 42-15004, except that modifications intended to restore and rehabilitate the historic property as approved by the state historic preservation officer under section 42-12103 shall be assessed at one per cent for up to ten years.

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