The Board of Trustees of the Village of Akron,
Erie County, New York finds and declares the incentives of assessment
reduction for certain business investments as provided by § 485-b
of the Real Property Tax Law will not materially stimulate business
development beyond its present level.
The percentum of exemption authorized by Chapter
278 of the 1976 Laws of the New York (Real Property Tax Law § 485-b)
is reduced to zero.