[HISTORY: Adopted by the Board of Trustees of the Village of Saranac Lake 6-25-1984 by L.L. No. 4-1984 (Ch. 4 of the 1965 Code). Amendments noted where applicable.]
This chapter shall be known as the "Assessment of Real Property Law."
The Village shall cease to be an assessing unit, and Village taxes shall be levied on a copy of the applicable town assessment rolls as provided by and pursuant to Subdivision 3 of § 1402 of the Real Property Tax Law of the State of New York.
This chapter is subject to permissive referendum and shall take effect 45 days after adoption by the Board of Trustees, unless a petition shall be filed with the Village Clerk protesting against this chapter prior to the expiration of said forty-five-day period; and in the event that such a petition is duly filed, this chapter shall not be effective until approved by the voters at a general or special election.[1]
[1]
Editor's Note: No valid petition requesting such referendum having been filed, said local law was deemed duly adopted on 8-9-1984.