[Adopted 3-24-2016 by L.L. No. 1-2016]
This article shall be referred to as a "Local Law Opting Out of the Exemptions Provided by Real Property Tax Law § 487."
It is the intent of this article to provide no exemption from taxation as authorized in Real Property Tax Law § 487. Real Property Tax Law § 487, Subdivision 8, allows a municipality to opt out of the exemption from taxation.
Pursuant to Real Property Tax Law § 487, Subdivision 8, no exemption from taxation shall be applicable with respect to any solar or wind energy system or farm waste energy system.