[Amended 10-22-2007 by L.L. No. 17-2007]
A. Applicability. Eligible business facilities, as defined in Subsection
B below, are hereby exempted from general Town taxes pursuant to New York State Real Property Tax Law § 485-b and in accordance with the schedule set forth in §
190-9, below.
B. Eligible business facilities defined. Pursuant to
the recommendation of the Town of Cicero Industrial and Commercial
Incentive Board, eligible business facilities for purposes of the
real property tax exemption granted by this article shall be those
businesses that meet the following requirements:
(1) The eligible business facility is identified by the
following specific sectors as defined by the North American Industry
Classification System: 11, 23, 31, 32, 33, 42, 44, 45, 48, 49, 51,
52, 53, 54, 55, 56, 61, 62, 71, 72, 81 and 92; and
(2) The eligible business facility is located within one
of the following geographic areas:
(a)
On New York State Route 11, from the intersection
of New York State Route 31 and New York State Route 11 north to the
Town of Cicero Town line; or
(b)
On Bartel Road, from the intersection of New
York State Route 11 and Bartel Road, traveling east to Interstate
Route 81; or
(c)
On Pardee Road from the intersection of Pardee Road and New York State Route 31 to Sneller Road, also including the property immediately west of Pardee Road from the intersection of Pardee Road and New York State Route 31 to Sneller Road zoned as commercial under Chapter
210 of the Cicero Town Code as of the effective date of this article; or
(d)
On South Bay Road from the intersection of South
Bay Road and New York State Route 31 east to Cicero Center Road; or
(e)
Within 500 feet of the intersection of New York
State Route 31 and Cicero Center Road; or
(f)
On New York State Route 31 east of Bull Street
to the bridge on New York State Route 31, which bridge is just after
the intersection of New York State Route 31 and New York State Route
298;
(g)
On New York State Route 298, south of the intersection of New York State Route 298 and New York State Route 31, zoned commercial under Chapter
210 of the Cicero Town Code as of the effective date of this article; or
(h)
On Northern Boulevard south of the intersection
of Northern Boulevard and Island Road to the Town of Cicero Town line.
[Amended 3-2-2005 by L.L. No. 4-2005; 10-22-2007 by L.L. No. 17-2007]
A. Legislative findings. The Town Board hereby determines that the adoption of the accelerated strategic exemption schedule set forth in Subsection
C below is necessary to encourage targeted economic development, create and/or retain permanent private-sector jobs, and that the value of the exemptions to be provided is justified by the need to provide employment opportunities and broaden the tax base.
B. Limitation of exemption. The exemption schedule set forth in Subsection
C below is limited to projects where the cost of construction, alteration, installation or improvement exceeds the sum of $50,000.
C. Exemption schedule. The extent of the exemption provided for in §
190-8 above shall be as follows:
|
Year
|
Percentage of Exemption
|
---|
|
1
|
50%
|
|
2
|
50%
|
|
3
|
50%
|
|
4
|
40%
|
|
5
|
30%
|
|
6
|
20%
|
|
7
|
10%
|
|
8
|
10%
|
|
9
|
10%
|
|
10
|
5%
|
This article shall not apply to exempt eligible
businesses from special district assessments of any type imposed by
or on behalf of the Town of Cicero, nor from fire or highway taxes
imposed by or on behalf of the Town of Cicero, nor is it applicable
to any school taxes.
The Assessors shall consider the application
for such exemption and if the same is in order shall determine the
assessed value of such exemption in accordance with the above-mentioned
certificate of eligibility issued pursuant to § 120 of the
Commerce Law of the State of New York, and enter such value on the "exempt" portion of the assessment
roll. The eligible business facility shall then be exempt to the extent
provided by this article from taxes commencing with the assessment
roll prepared on the next following taxable status date.
If an exemption has once been granted for a
business facility under this section and the Assessors receive notice
that a certificate of eligibility of such facility has been revoked
or modified, they shall redetermine the assessed value of any such
exemption in accordance with such revocation or modification. If upon
such redetermination it appears in a year for which an exemption has
been granted that such facility has been ineligible or that the assessed
value of such exemption as redetermined is less than the assessed
value of such exemption as shown on the assessment rolls for such
year, then a tax shall be levied at the rate of tax for such year
upon so much of the assessed valuation of such exemption as shown
on such assessment rolls as may be ineligible or excessive. Such tax
shall be levied as an omitted assessment in the manner provided in
§ 550 of the Real Property Tax Law for each such year. Any such determination shall be made
no later than three years after the applicant for exemption last received
benefit of any exemption under said § 485 of the Real Property
Tax Law.
This article shall be adopted pursuant to the
provisions of §§ 20 and 21 of the Municipal Home Rule
Law and subject to the permissive referendum provisions of § 24
of said Law, and the filing of one certified copy thereof with the
Onondaga County Clerk, one certified copy thereof in the office of
the State Comptroller and three certified copies in the office of
the Secretary of State.