[Adopted 7-18-1983 by L.L. No. 2-1983 as Ch. X, Art. IV, Div. 2, of the 1983 Code]
Pursuant to the authority granted by Chapter
414 of the Laws of 1971 of the State of New York, this Common Council does hereby determine that it is in
the interest of the City to remove exemption status of the following
real property:
A. Real property owned by a corporation or association
which is not organized or conducted exclusively for religious, charitable,
hospital, educational or cemetery purposes, or for two or more such
purposes, but which is organized or conducted exclusively for a bar
association or medical society, or for two such purposes, and used
exclusively for carrying out thereupon one or more of such purposes
shall be taxable.
In accordance with existing procedures for taxable
properties in the City, the tax on properties herewith authorized
shall be payable commencing with the next ensuing fiscal year of the
City.