Town of Hyde Park, NY
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2023-05-15
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Part II: General Legislation
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Chapter 100 Taxation
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Article II Business Investment Exemption
- Part I: Administrative Legislation
- Ch 1 General Provisions
- Ch 7 Conservation Advisory Council
- Ch 10 Elections, Special
- Ch 11 Ethics, Code of
- Ch 12 Fees
- Ch 14 Greenway Connections
- Ch 18 Officers and Employees, Defense and Indemnification of
- Ch 20 Ordinances, Publication of
- Ch 22 (Reserved)
- Ch 23 Planning Board
- Ch 24 Procurement
- Ch 25 Public Records, Access to
- Ch 26 Recreation Commission
- Ch 27 Residency Requirements
- Ch 28 Shade Tree Commission
- Ch 29 Veterans' Affairs Committee
- Ch 31 (Reserved)
- Part II: General Legislation
- Ch 35 Alcoholic Beverages
- Ch 36 Apprenticeship Training Programs
- Ch 38 Bingo; Games of Chance
- Ch 40 Building Code Administration and Enforcement
- Ch 41 Buildings, Numbering of
- Ch 42 Cannabis
- Ch 45 Dogs
- Ch 48 Dumping
- Ch 51 Electrical Inspections
- Ch 54 Environmental Quality Review
- Ch 56 Filming and Videotaping
- Ch 57 Fire Prevention
- Ch 60 Flood Damage Prevention
- Ch 63 Freshwater Wetlands
- Ch 66 Garbage, Rubbish and Refuse
- Ch 67 Recycling
- Ch 70 Hawking and Peddling
- Ch 71 Illicit Discharges
- Ch 75 Noise
- Ch 77 Notification of Defects
- Ch 78 Nuisances
- Ch 79 Outdoor Wood-Burning Furnaces
- Ch 80 Parking on Town Property
- Ch 82 Parks and Recreation Areas
- Ch 84 Property Maintenance
- Ch 85 Grass Maintenance
- Ch 87 Sewers
- Ch 89 Smoking and Tobacco Use
- Ch 90 Snow and Ice Removal and Maintenance of Sidewalks
- Ch 92 Soil and Mining Extraction
- Ch 93 Stormwater Management and Erosion and Sediment Control
- Ch 95 Street Openings and Driveways
- Ch 96 Subdivision of Land
- Ch 98 (Reserved)
- Ch 100 Taxation
- Ch 100 Art II Business Investment Exemption
- § 100-4 Purpose; legislative authority.
- § 100-5 Schedule of exemptions; applicability.
- § 100-6 Qualifying businesses and industrial activities.
- § 100-7 (Reserved)
- Ch 101 Telecommunications Towers and Facilities
- Ch 102 Timber Harvesting
- Ch 103 Towing
- Ch 104 Vehicles and Traffic
- Ch 106 Water
- Ch 107 (Reserved)
- Ch 108 Zoning
- Ch 130 Solar Energy Systems and Facilities
- Appendix
- Ch A110 Election Districts
- Ch A111 Road Specifications
- Ch A114 Television Cable Franchise
- Disposition List
- Ch DL Disposition List
[Adopted 5-18-1998 by L.L. No. 4-1998[1]]
[1]
Editor's Note: This local law also repealed
former Art. II, Business Investment Exemption, adopted 3-28-1977 by
L.L. No. 1-1977.
It is hereby determined that, in order to create
or retain permanent private-sector jobs, to provide employment opportunities
and to broaden the tax base, it is necessary to adopt an accelerated
exemption schedule to encourage targeted economic development in the
Town of Hyde Park, County of Dutchess, pursuant to § 485-b
of the Real Property Tax Law.
A.
The tax exemption provided by this article shall be
computed pursuant to the following accelerated strategic exemption
schedule:
|
Year of Exemption
|
Percentage of Exemption
| |
|---|---|---|
|
1
|
50%
| |
|
2
|
50%
| |
|
3
|
50%
| |
|
4
|
40%
| |
|
5
|
30%
| |
|
6
|
20%
| |
|
7
|
10%
| |
|
8
|
10%
| |
|
9
|
10%
| |
|
10
|
5%
| |
|
11
|
0%
|
Commercial businesses or industrial activity constructed, altered, installed or improved in the Town of Hyde Park and coming within the Standard Industrial Classification Codes set forth as Schedule A attached hereto[1] shall qualify for tax exemptions pursuant to the schedule set forth in § 100-5A subject to and in compliance with the provisions of § 458-b of the Real Property Tax Law.
[1]
Editor's Note: Schedule A is included at the end of this chapter.
