[HISTORY: Adopted by the Board of Trustees of the Village of Newark
Valley as indicated in article histories. Amendments noted where applicable.]
GENERAL REFERENCES
Taxation — See Ch. 152.
[Adopted 8-8-2006 by L.L. No. 2-2006]
The intent of the Board of Trustees of the Village of Newark Valley
is to implement § 1402, Subdivision 3, of the Real Property Tax
Law providing for the voluntary termination of the Village's status as
an assessing unit, as provided in the Village Law and the Real Property Tax
Law. It is also the intent of this article to abolish the position of Assessor
and to terminate any and all responsibility as provided by law for the review
of the assessments of real property located within the Village of Newark Valley.
On or after the effective date of this article, the Village of Newark
Valley shall cease to be an assessing unit.
The position of Assessor in the Village of Newark Valley is hereby abolished.
The Board of Assessment Review in the Village of Newark Valley is hereby
abolished.
On or after the effective date of this article, taxes in the Village
of Newark Valley shall be levied on a copy of the applicable part of the assessment
roll of the Town of Newark Valley with the taxable status date of such town
controlling for village purposes.
Within five days of the effective date of this article, the Board of
Trustees of the Village of Newark Valley shall file a copy of such local law
with the Clerk and Assessor of the Town of Newark Valley and with the State
Board of Real Property Services.
This article shall take effect immediately upon the expiration of 30
days after its adoption or, if such local law is submitted for approval by
the electors, upon approval of such local law.