[Adopted 12-7-2008 by L.L. No. 1-2009]
The purpose of this article is to implement the provisions of
Real Property Tax Law § 1402(3) which enable the Village
to cease being an assessing unit and instead utilize the Town of Smithtown
assessment roll for assessment of Village realty taxes.
Upon the effective date of this article the Village shall cease
to be an assessment unit, and Village taxes thereafter shall be levied
on a copy of the part of the Town of Smithtown assessment roll applicable
to the Village.