[Adopted 10-17-2016 by L.L. No. 3-2016]
This article shall be referred to as "Opt-Out of Real Property
Tax Law § 487."
It is the intent of this article to provide no exemption from
taxation as authorized in Real Property Tax Law § 487.
This article was enacted pursuant to Subdivision 8 of § 487
of the Real Property Tax Law of the State of New York, as well as
the Municipal Home Rule Law (MHRL), with the procedural provisions
of the MHRL controlling.
The Town Board of the Town of Elmira shall not permit any exemption
from taxation within its jurisdiction pursuant to § 487
of the Real Property Tax Law of the State of New York with respect
to any solar energy system constructed subsequent to the effective
date of this article.
[Adopted 1-21-2020 by L.L. No. 1-2020]
Pursuant to Subdivision 2(c)(iii) of § 458-b of the
Real Property Tax Law, the exemption authorized shall apply to qualifying
owners of qualifying real property for as long as they remain qualifying
owners, without regard to a ten-year limitation.
This article shall take effect immediately upon its filing with
the Secretary of State and shall be applicable to all assessment rolls
prepared pursuant to the first taxable status date occurring on or
after the effective date of this article.