[Adopted 1-2-2018 by L.L.
No. 1-2018]
The purpose of this article is to authorize the Incorporated
Village of Farmingdale to grant a real property tax exemption to Cold
War veterans in accordance with § 458-b of the Real Property
Tax Law of the State of New York.
The terms used in this article shall have the same meaning as
set forth in § 458-b of the Real Property Tax Law.
In accordance with, and subject to, § 458-b of the
Real Property Tax Law, qualifying real property within the Incorporated
Village of Farmingdale shall be exempt from taxation by the Village.
In no event shall the term and the amount of the exemption exceed
the limitations as set forth in § 458-b of the Real Property
Tax Law.
A.
An application for an exemption pursuant to this article shall be
made by the owner or all of the owners of the property on forms prescribed
by the State Board, to be furnished by the Village Assessor, and the
applicant or applicants shall furnish the information and execute
the application in the manner required or prescribed in such forms
on or before the appropriate tax status date established by the Village.
B.
An application for exemption shall be made by the owner or all of
the owners of the property on or before the taxable status date of
each year. Each application shall be submitted with an acknowledgment
that the applicant understands that anyone convicted of willfully
making any false statements in the application for the exemptions
provided for in this article shall be subject to the penalties prescribed
in the New York State Penal Law.
If a veteran receives an exemption pursuant to the authority
set forth in § 458 or 458-a of the New York State Real Property
Tax Law, no exemption shall be permitted pursuant to this article.
This article shall take effect immediately upon filing with
the Secretary of the State of New York.
