Town of Southampton, NY Article VI Agricultural Use Agreements [1]

[Adopted 4-28-1992 as part of L.L. No. 15-1992]

[1] Editor's Note: See also Art. V, Agricultural Use Agreements, of Ch. 247, Open Space.

§ 298-19 Purpose.

It is the purpose of this article to provide for a uniform and orderly procedure for assessing land which is subject to the restrictions of an agricultural use agreement under Article V of Chapter 247, Open Space. Subdivision 3 of § 247 of the General Municipal Law requires that valuation of lands for real property tax purposes take into account the limitation on land use imposed by such an agreement restricting the future use of the land.

§ 298-20 Valuation for taxation; applicability; violation.

A. After acquisition of any such interest pursuant to Article V of Chapter 247, Open Space, of this Code, the valuation placed upon such area for purposes of real estate taxation shall take into account and be limited by the limitation on the future use of the land and the commitment to engage the land exclusively in agricultural production.

B. The provisions of this section shall only be applicable to land assessments and shall not in any way be applied to the assessment of any buildings or structures located on a parcel under an agricultural use agreement.

C. If there is a substantial violation of the terms and the conditions of the agricultural use agreement, the owner or owners of said property must pay to the Town of Southampton an amount equal to the amount that would have been paid in Town taxes if the amount actually was paid, and the landowner shall be ineligible to participate in an agricultural use agreement with the Town for a period of three years.