Section 489-IIIIII. Code violations; suspension, termination or revocation of benefits  


Latest version.
  • 1. A local law enacted pursuant to this title  may  provide
      that abatement benefits shall be suspended, terminated or revoked if the
      recipient  is  found to have failed to cure violations of the applicable
      building, fire, or air pollution control codes on the property for which
      benefits  have  been  granted.  Such  local   law   shall   define   the
      circumstances where benefits may be suspended, terminated or revoked and
      provide procedures for benefit suspension, termination or revocation.
        2.  All taxes plus interest required to be paid retroactively pursuant
      to this title shall  constitute  a  tax  lien  as  of  the  date  it  is
      determined   such  taxes  and  interest  are  owed.  Interest  shall  be
      calculated from the date the taxes would  have  been  due  but  for  the
      abatement claimed pursuant to this title at the interest rate imposed by
      such city for non-payment of property tax.