[Adopted 12-19-2005 by L.L. No. 1-2005]
The purpose of this article is to allow the maximum tax exemption
pursuant to § 466-g of the Real Property Tax Law for real
property owned by volunteer firefighters and volunteer ambulance workers
within the Town of Fabius.
As used herein, the following terms shall have the meanings
indicated:
An enrolled member of a fire/ambulance company in the Town
of Fabius.
Any incorporated volunteer fire company, incorporated volunteer
fire department or incorporated volunteer ambulance service serving
the Town of Fabius.
Pursuant to the provisions of Real Property Tax Law § 466-g,
real property which is the primary residence of an enrolled member,
or an enrolled member and such member's spouse, shall be entitled
to an exemption from all Town real property taxes, exclusive of special
assessments, to the extent of 10% of the assessed value of such property;
provided, however, that such exemption shall in no event exceed $3,000
multiplied by the latest state equalization rate for the assessing
unit in which such real property is located.
Qualification for annual exemption:
A.
The applicant must reside in the Town of Fabius.
B.
The property is the primary residence of the applicant.
C.
The property must be used exclusively for residential purposes; provided,
however, that in the event any portion of such property is not used
exclusively for the applicant's residence, but is used for other
purposes, such portion shall be subject to taxation and the remaining
portion only shall be entitled to the exemption provided by this article.
D.
The applicant has been certified by the authority having jurisdiction
for the Town fire/ambulance company as an enrolled member of such
fire/ambulance company for at least five years.
Qualifications for lifetime exemption:
A.
The applicant must reside in the Town.
B.
The property is the primary residence of the applicant.
C.
The applicant has been certified by the authority having jurisdiction
for a Town fire/ambulance company as an enrolled member of such fire/ambulance
company for at least 20 years.
D.
The property must be used exclusively for residential purposes; provided,
however, that in the event any portion of such property is not used
exclusively for the applicant's residence, but is used for other
purposes, such portion shall be subject to taxation and the remaining
portion only shall be entitled to the exemption provided by this article.
The Town shall adopt by resolution the procedure for the certifications
required by this article.
This article shall take effect on January 1, 2006.
