Pursuant to § 444-a of the Real Property Tax Law of the State of New York, the Town Board of the Town of Huntington, after due consideration, has provided for a partial real property tax exemption for qualified alterations and rehabilitation of certain historic real property not to exceed the amounts specified therein.
Such alterations or rehabilitation of historic property are approved by the Historic Preservation Commission of the Town of Huntington prior to commencement of work;
Such historic property shall be exempt from taxation to the extent of any increase in value attributable to such alteration or rehabilitation pursuant to the following schedule:
The exemption may be granted only upon application of the owner or owners of such historic real property on a form prescribed by the New York State Office of Real Property Services, or any successor agency.
All of the terms, conditions and exceptions as set forth in § 444-a of the Real Property Tax Law of the State of New York, as amended, are adopted herein unless otherwise specified, as though fully set forth within this article.