Pursuant to the provisions of § 485-b, Subdivision 8, of the
Real Property Tax Law of the State of New York, there is hereby established
an advisory board to be known as the "Industrial and Commercial Incentive
Board of the Town of Ossining."
The purpose of such Board shall be to advise and make recommendations
to the Town Board of the Town of Ossining (hereinafter the "Town Board") concerning
options available to the Town Board in the area of partial real property tax
exemption for certain commercial business or industrial improvements pursuant
to § 485-b of the Real Property Tax Law, to review economic conditions
in the Town of Ossining and elsewhere as appropriate and to make recommendations
to the Town Board on the basis of such review as to actions it deems advisable
in order to improve the economic climate in the Town of Ossining.
The Industrial and Commercial Incentive Board shall consist of five
members, all of whom shall be appointed by resolution of and serve at the
pleasure of the Town Board. The Town Board may by resolution designate one
of the members so appointed as Chairman.
The Industrial and Commercial Incentive Board created hereby shall serve
in an advisory capacity only and shall have only those duties and responsibilities
as are consistent with § 485-b of the Real Property Tax Law of the
State of New York.