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Show 2. The land must have been used for agricultural purposes pur-poses for at least five preceding preced-ing years. 3. The land must have yielded an annual gross income in-come of at leaest $500 per year. Greenbelt Filing Date is October 1 According to Law Vernon L. Holman, Chairman, Chair-man, Utah Tax Commission today to-day cautioned all farm owners own-ers desiring to participate in the Greenbelt program to file their applications on or before October 1. He also pointed out that the law requires an annual an-nual filing to be made. Hense, if the farmer filed last year and received the benefits under un-der the act, he loses participation participa-tion if he fails to file for the 1973 taxable year. Greenbelt values are on file in the assessor offices of the 29 counties and the taxpayers can compare those values with his present assessed values to determine whether it's to his advantage to apply for participation. partici-pation. Filing can still be done after October 1 up until November 30 but there will be a late filing fee of $25.00 Filings prior to October 1 will cost only the regular recorder's fees which are very nominal. The eligibility requirements for Greenbelt are: 1. A minimum of 5 acres exclusive of the homesite. |