[HISTORY: Adopted by the Town Board of the Town of New Paltz 4-15-2004
by L.L. No. 3-2004.[1] Amendments noted where applicable.]
[1]
Editor's Note: This chapter was originally adopted as Ch. 37 but was
renumbered to maintain the alphabetical sequence of the Code.
Pursuant to the provisions contained at § 485-b of the Real
Property Tax Law, the Town of New Paltz hereby establishes a board to be known
as the "Industrial and Commercial Incentive Board," (hereinafter referred
to in this chapter as "ICIB").
A.
Membership. The Industrial and Commercial Incentive Board
shall consist of five members who shall be appointed by the Town Board and
who shall serve at the pleasure of the Town Board, one of whom shall, at the
time of appointment, be a member of the Town Board of the Town of New Paltz,
one of whom shall, at the time of appointment, be a member of the Town of
New Paltz Planning Board, one of whom shall, at the time of appointment, be
a member of the Environmental Conservation Commission of the Town of New Paltz,
plus two additional persons who, at the time of their respective appointments
and throughout their term of appointment, shall be electors residing within
the Town of New Paltz.
B.
Terms of members. The appointment of members to the ICIB
shall be for terms so fixed that one member's term shall expire at the end
of the calendar year in which this chapter was originally adopted. The remaining
members' terms shall be so fixed that two members' terms shall expire at the
end of the next calendar year thereafter and two members' terms shall expire
at the end of the second year next succeeding the end of the calendar year
in which this chapter was originally adopted. At the expiration of each member's
appointment, the replacement member shall be appointed for a term equal in
years to the term of the member replaced.
C.
Vacancies. If a vacancy shall occur otherwise than by
expiration of a term, the Town Board shall appoint a new member for the unexpired
term.
D.
Chairperson. The Town Board shall designate the chairperson
thereof, and, in the absence of a chairperson, the ICIB may designate a member
to serve as Acting Chairperson.
E.
Books and records. The ICIB shall designate a member
to serve as recording secretary who shall be in charge of its minutes, books
and records. In the absence of a recording secretary, the ICIB may designate
a member to serve as acting secretary.
The ICIB shall have the powers and duties prescribed by § 485-b
of the Real Property Tax Law of the State of New York and shall present a
plan to the Town Board of the Town of New Paltz concerning the various types
of business real property which should be granted eligibility for exemption
pursuant to the provisions of § 485-b of the Real Property Tax Law
of the State of New York.
A.
Such plan shall make recommendations concerning the applicability
of the exemption to specific sectors and subsectors, as defined in the North
American Industry Classification System published by the United States Government.
B.
Such plan shall also make a recommendation as to the
manner in which such exemption shall be computed consistent with the provisions
of § 485-b of the Real Property Tax Law of the State of New York.
C.
Such plan shall identify specific geographic areas within
which such exemptions shall be offered.
D.
In developing such plan, the ICIB shall consider the
planning objectives of the municipality within which such exemptions may be
offered, the necessity of the exemption to the attraction or retention of
such businesses and the economic benefit to the New Paltz community of providing
exemptions to various types of businesses.
E.
In addition, the ICIB may make recommendations to the
Town Board of the Town of New Paltz with respect to actions which the ICIB
deems desirable to improve the economic climate of the New Paltz community.
The ICIB shall submit an annual report to the Town Board not later than
the first day of October of each year, concerning the activities and work
of the ICIB and from time to time shall submit such reports and recommendations
as may be necessary to fulfill the purposes of this chapter.
The members of the ICIB shall receive no compensation for their services
as members thereof but may be reimbursed for reasonable and necessary expenses
incurred in the performance of their duties within the appropriations made
available therefor.
