[Adopted 1-13-2009 by L.L. No. 1-2009]
A.
Intent. It is the purpose and intent of this article to implement legislation to provide a partial real property tax exemption allowable for Cold War veterans as set forth by § 458-b of the Real Property Tax Law as limited by Subsection C below.
B.
Provisions adopted by reference. All applicable provisions
of § 458-b of the Real Property Tax Law, including all subdivisions,
together with any and all appropriate amendments thereto, are hereby
approved and adopted as and for law and procedures of the Village
of Pittsford, except where provisions of this article or any other
local law or ordinance of the Village of Pittsford shall prescribe
differently. In such event, compliance with the provisions of such
local law or ordinance shall constitute proper compliance with this
article.
C.
Maximum exemption granted. Qualifying residential
real property shall be exempt from taxation by the Village of Pittsford
to the extent of 10% of the assessed value of such property; provided,
however, that such exemption shall not exceed $8,000. In addition,
where the Cold War veteran received a compensation rating from the
United States Department of Veterans Affairs or from the United States
Department of Defense because of a service-connected disability, qualifying
residential real property shall be exempt from taxation to the extent
of the product of the assessed value of such property multiplied by
50% of the Cold War veteran's disability rating; provided, however,
that such exemption shall not exceed $40,000.
D.
Amendments. The Village Board may from time to time
amend, supplement, change, modify, or repeal this section pursuant
to the provisions of the Village Law, the General Municipal Law and
the Real Property Tax Law applicable thereto.
E.
Severability. If any clause, sentence, phrase, subdivision,
paragraph, section or any part of this section shall for any reason
be adjudicated finally by any court of competent jurisdiction to be
invalid, such judgment shall not affect, impair or invalidate the
remainder of this section, but shall be confined in its operation
to the clause, sentence, subdivision, paragraph, section or part thereof
directly involved in the controversy or action in which said judgment
shall have been rendered. It is hereby declared to be the legislative
intent that the remainder of this section would have been adopted
had any such provision been excluded.
F.
When effective. This article shall become effective
upon its adoption and upon filing with the New York State Secretary
of State and shall apply to assessment rolls prepared on the basis
of taxable status dates occurring on or after January 1, 2009.
