[Adopted 1-31-1977 by L.L. No. 2-1977]
The purpose of this article is to reduce the
per centum of exemption authorized by § 485-b of the Real
Property Tax Law. Said section is applied to real property constructed,
altered, installed or improved subsequent to the first day of July
1976 for the purpose of commercial, business or industrial activity.
[Amended 5-2-2007 by L.L. No. 2-2007; 6-6-2007 by L.L. No. 3-2007]
A.
Except as specifically provided for herein at § 184-6B, the business investment exemption in the Town of Union as provided for in Real Property Tax Law § 485-b shall be reduced to a per centum of zero.
B.
First specific exemption.
(1)
A first specific limited business investment exemption,
as provided for in Real Property Tax Law § 485-b, in the
Town of Union shall be limited to the following criteria. The geographic
area for said exemption is bounded to the east from the intersection
of Harry L. Drive and Airport Road, to the west to a point 200 yards
west of the intersection of Watson Boulevard and Country Club Road,
to the south from the New York State right-of-way on the north side
of NYS Route 17, and to the north to a point 100 yards north of Harry
L. Drive, and for Reynolds Road only to the north to a point 100 yards
north of Fairview Avenue.
(2)
The specific requirements or criteria applicable to
the above-defined geographic area in order to qualify for said limited
RPTL 485-b real property tax exemption are:
(a)
The subject site must have undergone verified
and substantiated expenditures of at least $50,000 for the new construction,
renovations, and/or alterations;
(b)
The completed project must generate additional
real estate tax revenues to the applicable taxing authorities;
(c)
The subject site must be verified in writing
by the Town of Union prior to construction, renovation and/or alteration
to be within the specific defined geographic boundaries for said RPTL
485-b real property tax exemption;
(d)
The New York State RPTL 485-b tax exemption
application must be filed by the owner of the subject property with
the Town of Union Assessor between January 1 and March 1 for any year
where the verifiable construction, renovation and/or alteration work
has progressed in the prior twelve-month period.
(3)
The additional general requirements or criteria applicable
to the above-defined geographic area in order to qualify for said
limited RPTL 485-b real property tax exemption are:
(a)
The applicant owner must meet or otherwise be
in compliance with all New York State, Town of Union, and Village
zoning requirements and have received all required site plan approvals;
(b)
The applicant owner will not be entitled to
apply for, or receive, any other real property tax exemptions for
the subject site;
(c)
The New York State RPTL 485-b tax exemption
application by the owner applicant must be in conformance with the
requirements of the New York State Real Property Tax Law and be reviewed
and approved by the Town of Union Assessor.
C.
Second specific exemption.
(1)
A second specific limited business investment exemption,
as provided for in Real Property Tax Law § 485-b, in the
Town of Union shall be limited to the following criteria. The geographic
area for said exemption is bounded to the east from the intersection
of Hooper Road and Watson Boulevard, to the west to a point 100 feet
west of the intersection of Watson Boulevard and Knight Avenue, to
the south with respect to properties facing on Watson Boulevard to
a point 100 yards south of Watson Boulevard, and to the north respect
to properties facing on Watson Boulevard to a point 100 yards north
of Watson Boulevard.
(2)
The specific requirements or criteria applicable to
the above-defined geographic area in order to qualify for said limited
RPTL 485-b real property tax exemption are:
(a)
The subject site must have undergone verified
and substantiated expenditures of at least $50,000 for the new construction,
renovations, and/or alterations;
(b)
The completed project must generate additional
real estate tax revenues to the applicable taxing authorities;
(c)
The subject site must be verified in writing
by the Town of Union prior to construction, renovation and/or alteration
to be within the specific defined geographic boundaries for said RPTL
485-b real property tax exemption;
(d)
The New York State RPTL 485-b tax exemption
application must be filed by the owner of the subject property with
the Town of Union Assessor between January 1 and March 1 for any year
where the verifiable construction, renovation and/or alteration work
has progressed in the prior twelve-month period.
(3)
The additional general requirements or criteria applicable
to the above-defined geographic area in order to qualify for said
limited RPTL 485-b real property tax exemption are:
(a)
The applicant owner must meet or otherwise be
in compliance with all New York State, Town of Union, and Village
zoning requirements and have received all required site plan approvals;
(b)
The applicant owner will not be entitled to
apply for, or receive, any other real property tax exemptions for
the subject site;
(c)
The New York State RPTL 485-b tax exemption
application by the owner applicant must be in conformance with the
requirements of the New York State Real Property Tax Law and be reviewed
and approved by the Town of Union Assessor;
(d)
This exemption shall not apply to any residential
use real property.
D.
Third specific
exemption.
[Added 4-15-2009 by L.L. No. 5-2009]
(1)
A third
specific limited business investment exemption, as provided for in
Real Property Tax Law § 485-b, in the Town of Union shall
be limited to the following criteria. The geographic area for said
exemption is bounded at or along East Main Street approximately between
River Road to the east and the Town of Union/Village of Endicott boundary
to the west as more fully detailed on a map with the exact identification
of such properties.
(2)
The
specific requirements or criteria applicable to the above-defined
geographic area in order to qualify for said limited RPTL 485-b real
property tax exemption are:
(a)
The subject site must have undergone verified and substantiated expenditures
of at least $50,000 for the new construction, renovations, and/or
alterations;
(b)
The completed project must generate additional real estate tax revenues
to the applicable taxing authorities;
(c)
The subject site must be verified in writing by the Town of Union
prior to construction, renovation and/or alteration to be within the
specific defined geographic boundaries for said RPTL 485-b real property
tax exemption;
(d)
The New York State RPTL 485-b tax exemption application must be filed
by the owner of the subject property with the Town of Union Assessor
between January 1 and March 1 for any year where the verifiable construction,
renovation and/or alteration work has progressed in the prior twelve-month
period.
(3)
The
additional general requirements or criteria applicable to the above-defined
geographic area in order to qualify for said limited RPTL 485-b real
property tax exemption are:
(a)
The applicant owner must meet or otherwise be in compliance with
all New York State, Town of Union, and village zoning requirements
and must have received all required site plan approvals;
(b)
The applicant owner will not be entitled to apply for, or receive,
any other real property tax exemptions for the subject site;
(c)
The New York State RPTL 485-b tax exemption application by the owner
applicant must be in conformance with the requirements of the New
York State Real Property Tax Law and must be reviewed and approved
by the Town of Union Assessor;
(d)
This exemption shall not apply to any residential use real property.
E.
Fourth specific exemption.
[Added 4-20-2011 by L.L. No. 4-2011]
(1)
The fourth specific limited business investment exemption as provided
for in the Real Property Tax Law § 485-b in the Town of
Union shall be limited to the following criteria: The geographic area
bounded as follows: to the east: from properties fronting on the west
side of Madison Avenue; to the west: from properties fronting on the
east side of Garfield Avenue; to the south: from the north side of
East Main Street; and to the north: from the south side of North Street.
(2)
The specific requirements or criteria applicable to the defined geographic
area in order to qualify for said limited RPTL 485-b real property
tax exemption are:
(a)
An expenditure of at least $1,000 for new construction, renovations
or alterations must be made;
(b)
The completed project must generate additional tax revenue to
the taxing authorities;
(c)
The subject site must be verified, prior to construction, to
be within the required geographic boundaries;
(d)
The New York State RPTL 485-b exemption application must be
filed with the Town of Union Tax Assessor between January 1 and March
1 of any year where work has progressed in the prior twelve-month
period.
(3)
The additional general requirements or criteria applicable to the
above defined geographic area in order to qualify for said limited
RPTL 485-b real property tax exemption are:
(a)
The applicant must meet all state, town, and village zoning
requirements, and receive required site plan approvals;
(b)
The applicant will not be entitled to apply for, or receive,
any other tax exemptions;
(c)
The exemption application must be reviewed and approved by the
Town of Union Tax Assessor as per the requirements of the New York
State Real Property Tax Law;
(d)
The exemption does not apply to any residential use property.
F.
Fifth specific exemption.
[Added 4-20-2011 by L.L. No. 4-2011]
(1)
The fifth specific limited business investment exemption as provided
for in the Real Property Tax Law § 485-b in the Town of
Union shall be limited to the following criteria: The geographic area
bounded as follows to the east: from a point where Main Street meets
the City of Binghamton Boundary; to the west: to the intersection
of North Arch Street and Main Street; to the south: frontage on the
south side of Main Street; and to the north: frontage on the north
side of Main Street, and from the east side of North Arch Street to
the west side of Lester Avenue: all tax map parcels located south
of the railroad tracks.
(2)
The specific requirements or criteria applicable to the defined geographic
area in order to qualify for said limited RPTL 485-b real property
tax exemption are:
(a)
An expenditure of at least $1,000 for new construction, renovations
or alterations must be made;
(b)
The completed project must generate additional tax revenue to
the taxing authorities;
(c)
The subject site must be verified, prior to construction, to
be within the required geographic boundaries;
(d)
The New York State RPTL 485-b exemption application must be
filed with the Town of Union Tax Assessor between January 1 and March
1 of any year where work has progressed in the prior twelve-month
period.
(3)
The additional general requirements or criteria applicable to the
above defined geographic area in order to qualify for said limited
RPTL 485-b real property tax exemption are:
(a)
The applicant must meet all state, town, and village zoning
requirements, and receive required site plan approvals;
(b)
The applicant will not be entitled to apply for, or receive,
any other tax exemptions;
(c)
The exemption application must be reviewed and approved by the
Town of Union Tax Assessor as per the requirements of the New York
State Real Property Tax Law;
(d)
The exemption does not apply to any residential use property.
This article shall take effect immediately upon
its passage by the Town Board of the Town of Union and its filing
with the Secretary of State, the Department of Audit and Control of
the State of New York and the State Board of Equalization and Assessment.[1]
[1]
Editor's Note: Now the State Board of Real
Property Services.
