[Adopted 11-13-2017 by L.L. No. 1-2017]
Real Property Tax Law § 487 provides for an exemption from taxation for certain solar energy systems, wind energy systems or farm waste energy systems, and further provides in Subsection 8 of such section that a Village may by local law provide that no exemption under this section shall be applicable within its jurisdiction with respect to any solar energy systems, wind energy systems or farm waste energy system constructed subsequent to the effective date of this article.
Pursuant to the authority of Real Property Tax Law § 487, Subsection 8, the Village of Malone hereby opts out of the exemption from real property taxes granted by Real Property Tax Law § 487, Subsection 2, and related subsections, so that no exemptions under the provisions of said Real Property Tax Law shall be applicable to Village taxes with respect to solar energy systems, wind energy systems or farm waste energy systems in the Village of Malone.