City of Oneonta, NY
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2023-06-06
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The Code
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Part II, General Legislation
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Chapter 268 Taxation
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Article VII Cooperative, Condominium, Homesteading and Rental Projects Exemption
- The Charter
- Ch C Oneonta City Charter
- The Code
- Part I, Administrative Legislation
- Ch 1 General Provisions
- Ch 5 Americans With Disabilities Act Compliance Committee
- Ch 8 Public Arts Commission
- Ch 11 Community Relations and Human Rights Commission
- Ch 17 Environmental Board
- Ch 21 Ethics, Code of
- Ch 25 Airport Commission
- Ch 31 Officers and Employees
- Ch 35 Planning Commission
- Ch 41 Real Property, Disposal of
- Ch 45 Residency Requirements
- Part II, General Legislation
- Ch 58 Adult Uses
- Ch 62 Alcoholic Beverages
- Ch 64 Amusement Devices
- Ch 68 Animals
- Ch 71 Bars, Cabarets, and Nightclubs
- Ch 74 Bingo
- Ch 78 Body Piercing, Branding and Scarification
- Ch 82 (Reserved)
- Ch 86 Building Code
- Ch 91 Exterior Code
- Ch 92 Buildings, Unsafe
- Ch 93 Buildings, Vacant
- Ch 100 Circuses, Exhibitions, Shows and Carnivals
- Ch 105 Community Police Board
- Ch 112 Electrical Standards
- Ch 118 Excavations
- Ch 122 Masks and Face Coverings
- Ch 126 Fire Prevention
- Ch 130 Fireworks
- Ch 134 Flood Damage Prevention
- Ch 138 Food-Handling Establishments
- Ch 142 Fortune-Telling
- Ch 148 Games of Chance
- Ch 149 Gas and Oil Exploration
- Ch 154 Handbills and Posters
- Ch 158 Housing Commission
- Ch 160 Historic Preservation
- Ch 166 Licenses and Permits
- Ch 170 Littering
- Ch 178 Noise
- Ch 182 Nuclear-Free Zone
- Ch 184 Nuisances
- Ch 188 Parades, Assemblages and Motorcades
- Ch 190 Parking
- Ch 194 Parks and Recreation
- Ch 200 Pawnbrokers
- Ch 204 Peddling and Soliciting
- Ch 210 Plumbing and Heating, Ventilating and Air Conditioning
- Ch 216 Poolrooms and Shooting Galleries
- Ch 217 Property, Blighted
- Ch 220 Public Conduct
- Ch 228 Sales, Closeout
- Ch 232 Service Stations
- Ch 236 Sewers
- Ch 241 Sidewalk Cafes
- Ch 248 Solid Waste
- Ch 254 Streets and Sidewalks
- Ch 258 (Reserved)
- Ch 264 Tattoo Parlors
- Ch 268 Taxation
- Ch 268 Art VII Cooperative, Condominium, Homesteading and Rental Projects Exemption
- § 268-36 Exemption granted.
- Ch 272 Taxicabs and Livery Services
- Ch 278 (Reserved)
- Ch 282 Vehicles and Traffic
- Ch 290 Water
- Ch 291 Water Department Rules and Regulations
- Ch 294 Weapons
- Ch 300 Zoning
- Disposition List
- Ch DL Disposition List
[Adopted 9-17-2013 by L.L.
No. 2-2013]
Any cooperative, condominium, homesteading or rental project
which receives payments, grants or loans pursuant to Article XVIII
of the Private Housing Finance Law or any new construction project
which receives payments, grants or loans pursuant to Article XIX of
the Private Housing Finance Law shall be exempt from taxation by the
City. Eligible property shall also be exempt from of the taxes imposed
by the City of Oneonta School District, other than assessments for
local improvements for a period not to exceed 20 years in the aggregate
after the taxable status date immediately following the completion
thereof, calculated not to exceed the following exemptions: 12 years
of full exemption followed by two years of exemption from 80% of such
taxation, followed by two years of exemption from 60% of such taxation,
followed by two years of exemption from 40% of such taxation, followed
by two years of exemption from 20% of such taxation; provided that
the tax exemption authorized by this section shall be in addition
to any other tax exemption or abatement authorized by law. In addition,
however, that in the event a cooperative, condominium, homesteading
or rental project ceases to be subject to one or more provisions of
Article XVIII of the Private Housing Finance Law pursuant to the provisions
of § 1102-6-a(c) of such law, any tax exemption authorized
pursuant to this section with respect to the eligible property of
such project shall terminate.
