[Adopted 4-21-1986 by L.L. No. 3-1986]
The purpose of this article is to adopt the
provisions of § 1903 of the Real Property Tax Law relating
to homestead and nonhomestead base proportions.
The Town Board of the Town of Tonawanda hereby
adopts § 1903 of the Real Property Tax Law.
The homestead and nonhomestead base proportions
shall be established by resolution of the Town Board of the Town of
Tonawanda in accordance with the provisions of Article 19 of the Real
Property Tax Law and the Rules of the State Board of Equalization
and Assessment and shall apply to taxes levied on the final assessment
roll to be completed and filed in 1986 and to taxes levied on subsequent
rolls, on behalf of the Town of Tonawanda, its improvement districts
and all school districts wholly contained therein, until this article
shall be repealed.
This article shall take effect immediately upon
filing with the Secretary of State of the New York and when the State
Board of Equalization and Assessment certifies the Town of Tonawanda
as an approved assessing unit pursuant to § 1902 of the
Real Property Tax Law.
