[Adopted 1-24-1977 by L.L. No. 1-1977]
Eligible business facilities located in the
Town of Aurora, as defined in § 115 of the New York State
Commerce Law[1] and certified by the New York State Job Incentive Board,
shall be exempt from taxes and special ad valorem levies imposed by
or on behalf of the Town for Town and part-Town purposes, in the total
amount allowable as computed pursuant to the applicable provisions
of the New York State Tax Law. Such exemption shall be granted upon
an application to be made pursuant to the provisions of § 485
of the New York State Real Property Tax Law.[2] All procedures in connection with such exemptions shall
be as set forth in applicable laws of the State of New York and of
Erie County and the Town of Aurora presently in force or as subsequently
amended.
[1]
Editor's Note: Section 115 et seq. of the
Commerce Law was repealed 4-1-1983. However, Section 133 of L. 1983,
c. 15, effective 4-1-1983, provided that:
"Notwithstanding Section 57 of this Act (repealing
Article 4-A of this chapter), the provisions of Article 4-A of the
Commerce Law and the provisions of the regulations adopted thereunder,
in respect to definitions, requirements for eligibility and certificates
of eligibility, shall continue in effect as if these provisions had
not been repealed for those taxpayers, or owners or operators, who,
prior to July 1, 1983, have received from the New York State Job Incentive
Board initial approval of an application for such certificate by such
Board as evidenced by the minutes of the meeting of the Board at which
such application was approved or a letter of intent authorized by
Section 102.4 of Part 102 of Title 5 of the Codes, Rules and Regulations
of the State of New York and for those taxpayers, or owners or operators,
who, prior to April 1, 1983, have received from the New York State
Job Incentive Board a certificate of eligibility for tax credits or
for a real property tax exemption."
[2]
Editor's Note: Section 485 of the New York
State Real Property Tax Law was repealed by the Laws of 1988, c. 165,
§ 5, effective 6-27-1988.
Any tax exemptions herein provided for and heretofore
allowed by the Town of Aurora pursuant to the provisions of applicable
laws of the State of New York are hereby affirmed.
