[Adopted by the County Legislature 3-18-2014 by L.L. No. 1-2014]
It is the intent of this article to provide an exemption from County real property taxes for newly constructed or the renovated portion of buildings that achieve LEED certification.
An exemption shall be granted from County tax purposes based upon the scale below for projects that achieve LEED certification according to the standards in effect at the time of completion of construction or renovation. Additionally, the maximum (taxable) value to be abated shall be capped at $100,000.
Percentage of Exemption
Year of Exemption
(1) Certified/Silver
(2) Gold
(3) Platinum
1
100%
100%
100%
2
100%
100%
100%
3
100%
100%
100%
4
80%
100%
100%
5
60%
80%
100%
6
40%
60%
100%
7
20%
40%
80%
8
0%
20%
60%
9
0%
0%
40%
10
0%
0%
20%