Village of Lake Success, NY Article II Taxation of Real Property Owned by Certain Nonprofit Corporations

[Adopted 10-11-1971 by L.L. No. 1-1971]

§ 97-19 Imposition of tax.

Pursuant to the provisions of § 420, Subdivision 1(b), of the Real Property Tax Law,[1] all real property within the geographical confines of the Village of Lake Success owned by a corporation or association, which is not organized or conducted exclusively for religious, charitable, hospital, educational or cemetery purposes, or for two or more such purposes, but which is organized or conducted exclusively for the moral or mental improvement of men and women or for bible, tract, benevolent, missionary, infirmary, public playground, scientific, literary, bar association, medical society, library, patriotic or historical purposes, for the enforcement of laws relating to children or animals, or for two or more such purposes, and used exclusively for carrying out thereupon one or more of such purposes either by the owning corporation or association or by another such corporation or association as hereinafter provided, shall be taxed by the Incorporated Village of Lake Success.

[1] Editor's Note: See now § 420-a, Subdivision 1(b), of the Real Property Tax Law.

§ 97-20 Effective date; applicability.

This Article shall be effective on the first day of January 1972 and shall apply to all assessments made and exemptions claimed with reference to taxable status dates falling on such effective date and thereafter.