[Adopted 6-7-2007 by L.L. No. 2-2007]
A. 
For purposes of this section, “converted condominium unit” shall mean a dwelling unit that has previously been on the assessment roll as a dwelling unit in other than condominium form of ownership and has not been previously subject to the provisions of § 339-y, Subdivision 1(f) of the New York State Real Property Law and § 581, Subdivision 1(c) of the New York State Real Property Tax Law.
B. 
In order to prevent lower tax assessments of converted condominiums neither Paragraph (a) of Subdivision 1 of § 581 of the New York State Real Property Tax Law nor Paragraph (b) of Subdivision 1 of § 339-y of the New York State Real Property Law shall apply to any converted condominium unit within the City of Canandaigua.