Section 1204. Tentative state equalization rates, class ratios and class equalization rates; notice thereof

1. Upon completion of  its  inquiry,
  investigation  and  studies  with  respect  to  the  establishment of an
  equalization rate for a city, town or village and in the case of special
  assessing units, class ratios and class equalization  rates,  the  state
  board  shall determine a tentative equalization rate for such city, town
  or  village,  class  ratios  for  special  assessing  units  and   class
  equalization  rates  for  special assessing units and approved assessing
  units and eligible non-assessing unit villages which  have  adopted  the
  provisions  of  section  nineteen hundred three of this chapter and each
  portion therein. A tentative equalization rate, class ratios  and  class
  equalization  rates,  may  be determined prior to final completion of an
  assessment roll.
    2. After determining the tentative equalization rate, class ratios and
  class equalization rates, if  required  for  any  city,  town,  village,
  special   assessing   unit,  or  approved  assessing  unit  or  eligible
  non-assessing unit village which has adopted the provisions  of  section
  nineteen  hundred  three  of  this  chapter,  the state board shall give
  notice in writing to the chief executive officer  of  such  city,  town,
  village,  special assessing unit, or approved assessing unit or eligible
  non-assessing unit village which has adopted the provisions  of  section
  nineteen  hundred  three of this chapter stating that such determination
  has been made, setting forth  the  tentative  equalization  rate,  class
  ratios  and  class  equalization  rates,  if  required,  identifying the
  assessment roll for which they were established and specifying the  time
  and  place  where  the  state  board or a duly authorized representative
  thereof will meet to hear any  complaint  concerning  such  equalization
  rate,  class  ratios  and  class  equalization  rates, if required. Such
  notice must be served at least twenty days before the day specified  for
  the hearing.