This article shall be known and may be cited as the "Partial
Exemption Residential Building Law of the Town of Coxsackie, New York."
The Town Board of the Town of Coxsackie, Greene County, New
York, has determined that it is necessary and desirable to authorize
a partial exemption from real property taxation of the increase in
assessed value attributable to reconstruction, alterations, or improvements
made to residential buildings. This authorization for exemption is
set forth in § 421-f of the New York State Real Property
Tax Law.
Reconstruction, alteration, or improvement of the property must
be begun after the effective date of the local law or resolution allowing
the exemption.
All ordinances, local laws or provisions of the Code of the
Town of Coxsackie and any and all parts thereof which may be in conflict
with the provisions of this article are hereby suspended to the extent
necessary to give this article full force and effect during its effective
period. This article is intended to invoke the supersession provisions
of § 10, Subdivision 1(ii)d(3), of the Municipal Home Rule
Law and to supersede, during the effective period of this article,
any inconsistent provisions of the Town Law, including Article 16
thereof and § 276, Subdivision 5, § 274-a, Subdivision
8, § 267-a, Subdivisions 4, 5, 6, 7, 8 and 9, § 274-b,
Subdivision 6, and § 278 thereof.