Section 24-0905. Tax abatement

Any  freshwater  wetland  subject  to land use regulations pursuant to
  section 24-0903 of this article or subject to  a  cooperative  agreement
  pursuant to section 24-0901 of this article shall be deemed subject to a
  limitation  on the use of such wetlands for the purposes of property tax
  evaluation, in the same manner as if  an  easement  or  right  had  been
  acquired  pursuant to the general municipal law. Assessed value shall be
  based, during the duration of such agreement or regulations, on the uses
  remaining to the owner thereof.