The purpose of this article is to grant incentive for the expansion
of existing businesses in the Village of Greene and for the location of new
businesses in said Village by granting tax exemptions to said businesses for
periods as specified herein.
The Assessor shall have the power and be charged with the duty to carry
out the purposes and intent of § 485-b of the New York State Real
Property Tax Law and other applicable laws of the state to grant to business
facility owners or operators exemption from taxes and special ad valorem levies
to the extent provided for in the aforesaid New York State laws.
Any exemption so granted shall commence with the assessment roll prepared
on the next following taxable status date of the Village of Greene.