[Adopted 10-22-2012 by L.L. No. 3-2012]
The City of Hornell hereby opts into § 485-N of the Real Property Tax Law.
The members of the Common Council Planning and Development Committee and the Mayor for the City of Hornell shall hereby constitute the incentive board as defined in Section 2(b) of § 485-N of the Real Property Tax Law.
Such board shall present a plan for implementation of this article as defined within Section 2(b) of § 485-N of the Real Property Tax Law for approval to the Common Council.