[Adopted 9-16-1986 by L.L. No. 4-1986]
The purpose of this article is to declare the provisions of § 485-b of the Real Property Tax Law inapplicable as to the Town of Ballston by not allowing an exemption from taxation for real property as allowed by said statute for the purposes of Town taxes.
Pursuant to the provisions of Subdivision 7 of § 485-b of the Real Property Tax Law, the Town Board of the Town of Ballston hereby determines that the exemption provided for real property by said statute should not be allowed for real property within the Town of Ballston for the purpose of Town taxes.
[Amended 9-5-2000 by L.L. No. 3-2000]
A copy of this article shall be filed with the State Board of Real Property Services.