[Adopted 6-12-2018 by L.L. No. 4-2018]
The Village of Scarsdale, having previously established, by
resolution dated May 8, 2018, a charitable gifts reserve fund to receive
unrestricted charitable monetary contributions pursuant to General
Municipal Law § 6-u, it is the intent of this article to
allow donors to the charitable gifts reserve fund to receive a credit
for taxes levied against their real property.
This article is adopted pursuant to Real Property Tax Law § 980-a,
which authorizes municipal corporations to adopt a real property tax
credit if they have established a charitable gifts reserve fund.
A.
Having previously established a charitable gifts reserve fund, the
Board of Trustees of the Village of Scarsdale, County of Westchester,
hereby establishes a charitable gifts reserve fund tax credit for
the Village of Scarsdale.
B.
Any owner of real property located within the Village who makes an
unrestricted charitable monetary contribution to the Village's charitable
gifts reserve fund shall be issued a written acknowledgment of such
contribution and may claim a credit against their Village property
tax equal to 95% of the charitable gifts reserve fund donation.
C.
In no event shall a property owner's credit based upon his or her
contribution to the charitable gifts reserve fund exceed his or her
current year Village tax.
If a court determines that any clause, sentence, paragraph,
subdivision, or part of this article or the application thereof to
any person, firm or corporation, or circumstance is invalid or unconstitutional,
the court's order or judgment shall not affect, impair, or invalidate
the remainder of this article, but shall be confined in its operation
to the clause, sentence, paragraph, subdivision, or part of this article
or in its application to the person, individual, firm or corporation
or circumstance directly involved in the controversy in which such
judgment or order shall be rendered.
