[Adopted 6-9-2003 by L.L. No. 4-2003 (Ch. 142, Art. IV,
of the 1976 Code)]
The purpose of this article is to exercise the authority vested
in the Village by § 466-a of the New York State Real Property
Tax Law as in effect on the date of the enactment of this article.
Real property owned by an enrolled member of an incorporated
volunteer fire company or fire department shall be exempt from taxation
to the extent of 10% of the assessed value of such property for Village
purposes; provided, however, that such exemption shall in no event
exceed $3,000 multiplied by the latest state equalization rate for
the assessing unit in which such real property is located.
An enrolled member of an incorporated volunteer fire company
or fire department shall be deemed "qualified" for purposes of this
article if such enrolled member of an incorporated volunteer fire
company or fire department is identified as qualified for an exemption
pursuant to the provisions of the New York State Real Property Tax
Law § 466-a, Subdivision 2, 3, 4 or 5, as written on the
date of the enactment of this article.
