Chapter 3.04
REAL PROPERTY TAX
Sections
For statutory provisions regarding assessment and collection of taxes, see AS 29.35.170; and borough and city property and sales taxes, see AS 29.45; for charter provisions regarding property taxation, see City Charter Section V-8.
3.04.010 Generally
(a) All real property not expressly exempt by the city shall be assessed at its full and true value. All real property tax levies shall be assessed and collected by the Kodiak Island Borough in accordance with AS 29. The Kodiak Island Borough, on behalf of the city of Kodiak, is authorized to maintain any legal action including suits for foreclosure necessary to collect real property taxes levied by the city including taxes levied by the city prior to the incorporation of the Kodiak Island Borough.
(b) All personal property is specifically exempted from the assessment and levy of ad valorem taxes by or on behalf of the city of Kodiak. This exemption does not affect or extend to ad valorem taxes assessed and levied by any other jurisdiction, including the Kodiak Island Borough. [Ord. 908, 1991; Ord. 906, 1991; Ord. 310 §1, 1967. CCK §4.0.1]