By the passage of this chapter, it is the intent of the Board of Trustees
of the Village of Menands to implement Subdivision 3 of § 1402 of
the Real Property Tax Law providing for the voluntary termination of the Village's
status as an assessing unit, as provided in the Village Law and the Real Property
Tax Law, to abolish the Board of Assessors of such Village and to terminate
any and all responsibility as provided by law for the review of the assessments
of real property located within said Village of Menands.
The Village of Menands shall cease to be an assessing unit.
The Board of Assessors in the Village of Menands is hereby abolished.
The Board of Assessment Review in the Village of Menands is hereby abolished.
Taxes in the Village of Menands shall be levied on a copy of the applicable
part of the assessment roll of the Town of Colonie, with the taxable status
date of such town controlling for Village purposes.