[HISTORY: Adopted by the Town Board of the Town of Parma 8-15-2017 by L.L. No. 3-2017. Amendments noted where applicable.]
GENERAL REFERENCES
Taxation — See Ch. 135.
This chapter is enacted pursuant to the authority of the New
York Town Law and Municipal Home Rule Law, and as authorized by the
Lake Ontario and Connected Waterways Assessment Relief Act of 2017
(hereinafter "the Act").
It is the intent of this chapter to provide for assessment relief
for real property impacted by flooding located within the Town of
Parma.
The assessment relief authorized by this chapter shall be applicable
to the final assessment roll of the Town of Parma based upon a taxable
status date occurring prior to May 3, 2017, and taxes levied upon
such roll which are payable, without interest, on or after May 3,
2017.
The terms "eligible municipality," "impacted tax roll," "participating
municipality flooding," "total assessed value" and "property" shall,
for the purposes of this chapter, be defined as set forth in the Act.
The percentage of assessment relief that may be granted pursuant
to this chapter shall be from ten-percent relief to one-hundred-percent
relief, in accordance with the schedule of relief as set forth in
the Act.
The percentage loss in improved value, for the purposes of this
chapter, shall be as adopted by the Assessor, in accordance with the
provisions of the Act, and shall be subject to review by the Board
of Assessment Review.
The procedure for applying for and the determination of assessment
relief shall be as provided for in the Act, upon forms as approved
by the Commissioner of Taxation and Finance and shall be processed
by the Assessor as proscribed by the Act.
This chapter shall be effective immediately upon filing with
the Secretary of State.
