The City of Ogdensburg has adopted the provisions Chapter 704
of the Laws of 1993, by local law, to provide for the partial exemption
of certain capital improvements to residential property from taxation,
with conditions. "Residential property" shall mean any building or
structure designed and occupied exclusively for residential purposes
by not more than two families. This article shall apply to residential
buildings reconstructed or altered subsequent to the first day of
April, 2001.
The following terms and conditions shall be applied in the implementation
of this article:
A. For the purposes of this article, the terms "reconstruction," "alteration"
and "improvement" shall not include ordinary maintenance and repairs.
Ordinary maintenance and repairs are exempt.
B. For purposes of this article, the terms "reconstruction," "alteration"
and "improvement" shall not mean or include any increase in the size
or square footage of the residential structure.
C. The exemption provisions of this article shall not apply to swimming
pools, garage structures (whether attached or detached) or any other
accessory structures to the primary residential structure.
D. In the event that a building granted an exemption pursuant to this
article ceases to be used exclusively for residential purposes or
title thereto is transferred to a person or entity other than the
heirs or distributes of the owner, the exemption granted pursuant
to this article shall cease.
E. The value of such reconstruction, alteration or improvement must
exceed $3,000.
F. The building to be reconstructed, altered or improved must be at
least five years old.
G. Such exemption shall be granted only upon application by the owner
of such building on a form prescribed by the state board to the Department
of Assessment Office.