[HISTORY: Adopted by the Board of Trustees of the Village of Islandia:
Art. I, 12-3-1987 by L.L. No. 9-1987.
Amendments noted where applicable.]
[Adopted 12-3-1987 by L.L. No. 9-1987]
The purpose of this article is to abolish the business investment exemptions
as set forth in the New York State Real Property Tax Law, § 485-b.
The percentage of exemption as set forth in the New York State Real
Property Tax Law, § 485-b shall be zero.
