The purpose of this article is to render inoperable
all of the business investment tax exemption provisions of § 485-b
of the Real Property Tax Law of the State of New York within the Town
of Pittsford.
Pursuant to Subdivision 7 of § 485-b
of the Real Property Tax Law, the Town of Pittsford does hereby reduce
the per centum of exemption from real property taxation and special
ad valorem levies to 0%.