Village of Mineola, NY Article II Business Tax Exemption

[Adopted by L.L. No. 2-1977 (Ch. 83 of the 1994 Code)]

§ 470-15 Exemption percentage reduced to zero.

Notwithstanding those provisions of the Real Property Tax Law § 485-b, which provide exemptions from real property tax increases attributable to certain construction, alterations, installations or improvements to or upon real property for the purpose of commercial, business or industrial activity, as specified therein, and pursuant to the specific grant of authority contained in § 485-b, Subdivision 7, the per centum of exemption otherwise allowed pursuant to § 485-b, Subdivision 2(a), of the Real Property Tax Law is hereby reduced to 0% for each year for which an exemption is allowed pursuant to § 485-b, Subdivision 2(a), of the Real Property Tax Law.