[Adopted 9-9-1993 by L.L. No. 4-1993]
The purpose of this Article is to repeal Village
of Horseheads Local Law No. 3-1984 and in so doing to provide that
an exemption from real property taxes shall be granted pursuant to
§ 458-a of the Real Property Tax Law of New York State.
Real Property Tax Law § 458-a, Subdivision
4, permitted the Village of Horseheads to adopt a local law providing
that no exemption shall be granted pursuant to Real Property Tax Law
§ 458-a. Said law further provides that such a local law
may be repealed. The purpose of this Article and the adoption hereof
by the Village of Horseheads Board of Trustees does hereby repeal
Local Law No. 3-1984 so as to grant to persons entitled thereto the
benefit of the exemption from real property taxation provided for
in Real Property Tax Law § 458-a. The benefit of this Article
shall apply solely to the levy of taxes for village purposes.
This Article shall take effect immediately upon
its filing with the Secretary of State and as provided in Real Property
Tax Law § 458-a.
