This article is enacted pursuant to § 459-a
of the Real Property Tax Law of the State of New York, as amended
through Chapter 759 of the Laws of 2005.
Such exemption shall be granted only upon successful
application by the owner or all the owners of such building on forms
prescribed by the State Board of Real Property Services of the State
of New York (or any successor agency). The owner or owners shall furnish
the information and execute the forms in the manner required or prescribed
in such forms and shall file such forms in the Tompkins County Assessment
office on or before the appropriate taxable status date. Such exemption
shall be granted only if the appropriate assessing authority approves
the application.
This article shall apply to assessment rolls
prepared after the effective date of this article on the basis of
taxable status dates occurring on or after March 1, 2006.