Town of Massena, NY
St. Lawrence County
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Table of Contents
Table of Contents
[Adopted 12-29-1971 by L.L. No. 2-1971]
The purpose of this article is to grant incentives for the expansion of existing businesses in the Town of Massena and the location of new businesses in said town by granting tax exemptions to said businesses for periods as specified herein.
The Assessor of the Town of Massena shall have the power and be charged with the duty to carry out the purpose and intent of Article 4-A of the Commerce Law, § 485 of the Real Property Tax Law[1] and the other applicable laws of the state, to grant to business facility owners or operators exemption from taxes and special ad valorem levies to the extent provided in the aforesaid New York State laws.
Editor's Note: Section 485 of the Real Property Tax Law was repealed by L. 1988, c.165, effective 6-27-1988, which law provided that local laws or resolutions adopted under former § 485 and in effect prior to 6-27-1988 shall continue in effect for those owners or operators as designated in Section 6 of said law, except that no such exemption shall be granted on any assessment roll having a taxable status date subsequent to 8-1-1999.
Said Assessor shall determine the assessed value of the exemption pursuant to such state laws and shall grant as an exemption 100% thereof for the first five years, thereafter said exemption to be reduced 50% of the original exemption each year for the next five years.
Any assessment so granted shall commence with the assessment roll prepared on the next following taxable status date of the Town of Massena.