Section 506. Tentative assessment roll; notice of completion

1. On or
  before the first day of May, the assessor or assessors of each city  and
  town  shall  complete  the tentative assessment roll and make out a copy
  thereof to be filed with one of their number or,  if  the  assessors  so
  elect,  with  the  town  clerk,  in the case of towns.   The assessor or
  assessors shall forthwith cause a notice,  the  contents  of  which  are
  prescribed by subdivision one of section five hundred twenty-six of this
  article,  to be published once in the official newspaper of such city or
  town, or if no newspaper has been designated the official newspaper,  in
  a  newspaper  having general circulation in such city or town. In towns,
  the assessors shall also forthwith cause a copy of the published  notice
  to  be  posted  on  the  signboard  maintained  for the posting of legal
  notices  at  the  entrance  of  the  town  clerk's  office  pursuant  to
  subdivision  six  of  section thirty of the town law. Every notice given
  pursuant to this subdivision shall specify the date or dates  and  times
  at  which  the  board of assessment review shall meet to hear complaints
  with respect to assessments.
    2. After publication of the notice and until  the  fourth  Tuesday  of
  May,  the  assessor or the town clerk, as the case may be, with whom the
  roll is left shall make it available for public inspection as prescribed
  by subdivision two of section five hundred twenty-six of this article.
    3. When an original final assessment  roll  is  prepared  pursuant  to
  section  five  hundred  sixteen  of this title, the tentative assessment
  roll shall be retained  in  the  office  of  the  assessor,  or  if  the
  assessors  so  elect, with the town clerk, in case of towns, as a public
  record for a minimum of five years from the date of filing thereof.