[Adopted 8-27-1979]
A. 
The Board of Trustees of the Village of Green Island does hereby elect to reduce the four-year period provided in § 1120, Subdivision 1, of the Real Property Tax Law for the foreclosing of tax liens by action in rem to a period of two years.
B. 
For the first calendar year for which the article is to be effective, a tax lien owned by the Village of Green Island may be foreclosed by action in rem only if it has been due and unpaid for a period of at least three years from the date on which the tax or other legal charges represented thereby became a lien.