[Adopted 3-24-2021 by Ord. No. 5/21[1]]
[1]
Editor's Note: This ordinance also repealed former Art. I, Abatement of Additional Assessments, adopted 5-19-1993 by Ord. No. 2057, as amended.
WHEREAS, the Mayor and Board of Commissioners desire to amend Chapter 364 of the Code of the Town of West New York entitled "Taxation" to require that the abatements and the exemptions under the Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq., and the Five-Year Exemption and Abatement Law, N.J.S.A. 40A:21-1 et seq., be approved by either a resolution or ordinance of the Board of Commissioners to the maximum extent permitted by law; and
WHEREAS, the Mayor and Board of Commissioners further desire that it be recognized that Article I of Chapter 364 was repealed by the adoption of Article II of Chapter 364:
To the extent that the Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq., provides that any approval required thereunder may be granted by an official of the Town of West New York other than the Board of Commissioners; such approval must hereby be granted by the Board of Commissioners by way of either a resolution or an ordinance, as may be appropriate.