Reassessment of residential building made with defective concrete. Written evaluation by professional engineer. Adjustment by assessor. Appeal. Notification of revaluation. Notification if foundation repaired or replaced.

(b) Notwithstanding the provisions of section 12-62 , any residential building that has been reassessed pursuant to subsection (a) of this section shall be assessed during each revaluation cycle to reflect its current value. (c) The owner of any residential building that has been reassessed pursuant to this section shall notify the assessor if the concrete foundation of such residential building is repaired or replaced. Such notification shall be made in writing not later than thirty days after the repair or replacement of the concrete foundation. Not later than ninety days after the receipt of such notification, or prior to the commencement of the assessment year next following, whichever is earlier, the assessor, or the assessor's designee, shall inspect the residential building and adjust its assessment to reflect its current value.