All tangible property of a business receiving a tax exemption under this chapter shall be annually assessed by the County Appraiser in the same manner as if it were not exempt, but only the amount thereof not exempted by this chapter shall be placed on the tax rolls. The amount of the property taxes which would be payable shall also be determined annually by the County Clerk and Treasurer, in the same manner as if the property were not exempt, but only such amounts not exempted by this chapter shall be placed on the tax rolls. Separate assessments and tax calculations shall be made for the land, for the improvements thereon, and for any tangible personal property associated therewith, of the exempt business. The appropriate County officers are requested to provide the City with this information as early as possible, but not later than November 15th of each year. (Ord. 17270 § 10, 6-2-98; Ord. 16349 § 10, 7-23-91. Code 1981 § 42-40. Code 1995 § 138-85.)