[Adopted 3-28-2019 by L.L. No. 3-2019]
Real Property Tax Law § 487 provides a real property tax exemption for certain fuel-flexible linear generator electric generating systems, defined therein as follows:
FUEL-FLEXIBLE LINEAR GENERATOR ELECTRIC GENERATING EQUIPMENT or FUEL-FLEXIBLE LINEAR GENERATOR
An integrated system consisting of oscillators, cylinders, electricity conversion equipment and associated balance of plant components that directly convert the linear motion of the oscillators into electricity and which has a combined rated capacity of not more than 2,000 kilowatts.
FUEL-FLEXIBLE LINEAR GENERATOR ELECTRIC GENERATING SYSTEM
An arrangement or combination of fuel-flexible linear generator electric generating equipment designed to produce electrical energy from linear motion created by the reaction of gaseous or liquid fuels, including, but not limited to, biogas and natural gas.
No exemption under New York State Real Property Tax Law § 487 shall be applicable within the Town of Macedon with respect to any fuel-flexible linear generator electric generating system constructed subsequent to the effective date of this article.
A copy of this article shall be filed with the New York State Commissioner of Taxation and Finance and with the President of the New York State Energy Research and Development Authority, as required under New York State Real Property Tax Law § 487, Subdivision 8(a).