Gilford v. State Tax Commission

Kenison, G. J.

RSA 216-A:3-a; Laws 1963, 308:1 provides in pertinent part as follows: “ Whenever the state acquires any real property in a town or city for public recreational or park purposes the state shall annually pay to tire town or city where such property is situate a sum equal to the taxes which would have been assessed against such property had such property remained taxable, basing such payments upon the assessed value of the property for the year prior to the year of acquisition at the current local rate of taxation applicable for the year in which payment is made, until and…