[Adopted 3-14-1989 as Ch. 131, Art. III, of the 1989 Code]
The real property tax exemption provided for in § 485-b of the Real Property Tax Law of the State of New York shall, in all respects be reduced from the percentage provided to zero per centum. This article is proposed pursuant to Subdivision 7 of § 485-b, the purpose being to reduce the per centum of exemption otherwise allowed pursuant to this section so that there will be no business investment exemption as provided in said § 485-b in the Village of Pittsford, New York.