Watford City Passes Two-Year Property Tax Exemption

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Watford City Passes Two-Year Property Tax Exemption

In an effort to bolster the supply of newly constructed homes, Watford City has passed the Homeowner’s Two-year Property Tax Exemption, approved by the City Council on April 1. This new program, in compliance with N.D.C.C. § 57-02-08(35), allows a property tax exemption for a maximum of $150,000 in dwelling value; exclusive of the land on which the home is situated or any special assessments. Rita...