PUBLIC NOTICE
To qualify for the fire protection system tax exemption, each structure for which you are applying must contain a fire protection system approved under AS18.70.081 in operating condition, and incorporated as a fixture or part of the structure. The exemption granted by this subsection is limited to an amount equal to two percent of the value of the structure based on the assessment for 1981, if the fire protection system is a fixture of the structure on January 1, 1981; or an amount equal to two percent of the value of the structure based on the assessment of