Section 1600-N. Tax exemptions  


Latest version.
  • 1.  It  is  hereby determined that the
      creation of the authority and the carrying out of its corporate purposes
      is in all respects for the benefit of  the  people  of  the  village  of
      Tarrytown  and  its environs, and is a public purpose, and the authority
      shall be regarded as performing an essential  governmental  function  in
      the  exercise of the powers conferred upon it by this title and shall be
      required to pay no  taxes  or  assessments  upon  any  of  the  property
      acquired  by  it  or under its jurisdiction or control or supervision or
      upon its activities.
        2. Any bonds or notes issued pursuant to this title, together with the
      income therefrom, as well as the property of  the  authority,  shall  be
      exempt from taxation, except for transfer and estate taxes.
        * NB Ceased to exist December 31, 1999
        * NB There are 2 § 1600-n's