[Adopted 10-1-1986 by L.L. No. 1-1986]
Upon the effective date of this article, and pursuant to Subdivision
3 of § 1402 of the Real Property Tax Law, the Village of Montebello
shall cease to be an assessing unit, as defined in § 102 of the
Real Property Tax Law; and Village taxes shall thereafter be levied by the
Village of Montebello on a copy of the part of the Town of Ramapo assessment
roll applicable to the Village of Montebello.
This article shall take effect upon the expiration of 45 days after
its adoption by the Board of Trustees of the Village of Montebello, or if
it shall be submitted at a referendum for approval by the electors, upon such
approval; provided, however, that if this article takes effect on or after
the taxable status date of the Village of Montebello and before Village taxes
are levied on an assessment roll based on such taxable status date, the Village
of Montebello shall not cease to be an assessing unit until after such Village
taxes are levied.