It is the intent of this article to require an income and expense
statement to be provided for any grievance filed from a property owner
with the Town Assessor pursuant to the procedures contained herein.
This article is adopted pursuant to Real Property Tax Law § 305,
which relates to the income and expense statements pertaining to income-producing
properties submitted to an assessor for his or her use in the assessment
of real property.
Pursuant to 6 NYCRR 617.5(20) and (27), this article is classified
as a Type II action which requires no further review under the State
Environmental Quality Review Act.
The Town Assessor shall be authorized to promulgate rules and
regulations necessary to effectuate the purposes of this article.
If a court of competent jurisdiction determines that any clause,
sentence, paragraph, subdivision, or part of this article or the application
thereof to any person, firm or corporation, or circumstance is invalid
or unconstitutional, the court's order or judgment shall not
affect, impair, or invalidate the remainder of this article, but shall
be confined in its operation to the clause, sentence, paragraph, subdivision,
or part of this article or in its application to the person, individual,
firm or corporation or circumstance, directly involved in the controversy
in which such judgment or order shall be rendered.
This article shall be effective immediately upon filing with
the Secretary of State.