The Board of Trustees of the Village of Green Island does hereby
elect to reduce the four-year period provided in § 1120,
Subdivision 1, of the Real Property Tax Law for the foreclosing of
tax liens by action in rem to a period of two years.
For the first calendar year for which the article is to be effective,
a tax lien owned by the Village of Green Island may be foreclosed
by action in rem only if it has been due and unpaid for a period of
at least three years from the date on which the tax or other legal
charges represented thereby became a lien.