[Adopted 11-13-2017 by L.L. No. 1-2017]
Real Property Tax Law § 487 provides for an exemption
from taxation for certain solar energy systems, wind energy systems
or farm waste energy systems, and further provides in Subsection 8
of such section that a Village may by local law provide that no exemption
under this section shall be applicable within its jurisdiction with
respect to any solar energy systems, wind energy systems or farm waste
energy system constructed subsequent to the effective date of this
article.
Pursuant to the authority of Real Property Tax Law § 487,
Subsection 8, the Village of Malone hereby opts out of the exemption
from real property taxes granted by Real Property Tax Law § 487,
Subsection 2, and related subsections, so that no exemptions under
the provisions of said Real Property Tax Law shall be applicable to
Village taxes with respect to solar energy systems, wind energy systems
or farm waste energy systems in the Village of Malone.
