City of Corning, NY Article VII Tax Exemption for Development or Redevelopment of Commercial and Mixed-Use Property

[Adopted 3-4-2013 by L.L. No. 1-2013]

§ 208-20 Exemption authorized.

The City of Corning hereby authorizes the property tax incentive provided in § 485-N of the Real Property Tax Law.[1]

[1] Editor’s Note: Section 485-N of the Real Property Tax Law authorizes municipalities to provide tax abatements for development and redevelopment of commercial and mixed-use properties that are converted, created, modernized and rehabilitated and which are contained within a designated area.

§ 208-21 Commercial/Mixed-Use Incentive Board appointed.

[Amended 1-20-2015 by L.L. No. 1-2015; 8-5-2019 by L.L. No. 2-2019; 3-7-2022 by L.L. No. 1-2022]

The Mayor has appointed a Commercial/Mixed-Use Incentive Board as defined in Subdivision 2(b) of § 485-N of the Real Property Tax Law which shall be composed of three members of the City Council: Frank Muccini (Chairman); Diane Telehany; and Betty Coccho.

§ 208-22 Designated areas for exemption.

Such board shall present a plan to the City Council concerning the various types of commercial and/or mixed-use properties which may be granted an exemption pursuant to Subdivision 2(b) of § 485-N of the Real Property Tax Law, and identify designated benefit areas, within which such exemption may be offered.