The intent of the Board of Trustees of the Village of Lake George is
to implement § 1402(3) of the Real Property Tax Law providing for
the voluntary termination of the Village's status as an assessing unit, as
provided in the Village Law and the Real Property Tax Law. It is also the
intent of this chapter to abolish the position of Assessor and to terminate
any and all responsibility as provided by law for the review of the assessments
of real property located within the Village of Lake George.
On or after the effective date of this chapter, the Village of Lake
George shall cease to be an assessing unit.
The position of Assessor in the Village of Lake George is hereby abolished.
The Board of Assessment Review in the Village of Lake George is hereby
abolished.
On or after the effective date of this chapter, taxes in the Village
of Lake George shall be levied on a copy of the applicable part of the assessment
roll of the Town of Lake George, with the taxable status date of such town
controlling for Village purposes.
Within five days of the effective date of this chapter, the Board of
Trustees of the Village of Lake George shall file a copy of such local law
with the Clerk and Assessor of the Town of Lake George and with the State
Board of Equalization and Assessment.
This chapter shall take effect immediately upon filing with the Secretary
of State; provided, however, that such local law is subject to a permissive
referendum, and the Village Clerk shall forthwith proceed to notice such fact
and conduct such referendum if required by petition.