That pursuant to the provision of Assembly Bill No. 511 and
pursuant to said bill, the Village Board, Village of Hammondsport
adopts the following article.
This act shall take effect immediately and shall apply to assessment
rolls prepared on the basis of taxable status dates occurring on or
after such effective date.
Said law passed by the New York State Legislature is hereby
adopted by the Village of Hammondsport and the provisions and amendments
to § 581, Section 1, Subdivision 1 of the Real Property
Tax Law of the State of New York insofar as it controls and/or restricts
conversion of certain dwelling units into condominium form and the
said law passed by the state legislature with respect to § 339-y,
Subdivision 1(f) of the Real Property Law is hereby adopted by the
Village of Hammondsport as Local Law No. 1 for the year 2012.