[Amended 12-17-2014 by L.L. No. 11-2014]
A. Eligible business facilities located in the Town of
Orchard Park and as defined in New York State Commerce Law § 115 and certified by the New York State Job Incentive Board
shall be exempt from taxes and special ad valorem levies imposed by
or on behalf of the Town for Town and part-town purposes, computed
pursuant to the applicable provisions or the New York State law, to
the following extent:
Years of Exemption
|
Percentage of Exemption
|
---|
1
|
50%
|
2
|
45%
|
3
|
40%
|
4
|
35%
|
5
|
30%
|
6
|
25%
|
7
|
20%
|
8
|
15%
|
9
|
10%
|
10
|
5%
|
B. Such exemption shall be granted upon an application
to be made pursuant to the provisions of New York Real Property Tax
Law § 485. All procedures in connection with such exemptions shall
be as set forth in applicable.
Any tax exemptions herein provided for and heretofore
allowed by the Town of Orchard Park pursuant to the provisions of
applicable laws of the State of New York are hereby affirmed.