New York Real Property Tax Code § 489-GGGGGG

Temporary commercial incentive area boundary commission; designation of special commercial abatement areas; excluded and renovation areas
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§ 489-gggggg. Temporary commercial incentive area boundary commission;\ndesignation of special commercial abatement areas; excluded and\nrenovation areas. 1. Commission members. Any city enacting a local law\npursuant to section four hundred eighty-nine-bbbbbb of this title shall\nestablish a temporary commercial incentive area boundary commission to\nconsist of a deputy mayor designated by the mayor, the commissioner of\nfinance, the chair of the city planning commission, the director of\nmanagement and budget, the borough presidents, the speaker of the city\ncouncil and a public member appointed by the mayor to serve at the\nmayor's pleasure. Each member except the public member shall have the\npower to designate an alternate to represent him or her at commission\nmeetings to exercise all the rights and powers of such member, including\nthe right to vote, provided that such designation be made in writing to\nthe chair of the commission. The deputy mayor designated by the mayor\nshall serve as commission chair. Each borough president shall be\nentitled to vote only on the designation of areas within his or her\nborough. Commission members who shall be officers or employees of such\ncity shall serve without compensation but shall be reimbursed for\nexpenses necessarily incurred in the performance of their duties. Any\nother commission member shall receive as exclusive compensation for his\nor her services one hundred dollars per diem, or another reasonable\namount as determined by the deputy mayor designated by the mayor,\nprovided, however, that the total compensation paid to any such member\nshall not exceed twelve hundred dollars for any calendar year, or\nanother reasonable amount determined by the deputy mayor designated by\nthe mayor. A majority of members of such commission entitled to vote on\na matter shall constitute a quorum for such issue. Decisions shall be\nmade by majority vote of those present entitled to vote on a matter.\nNotwithstanding any other law to the contrary, no officer or employee of\nthe state or any of its subdivisions or any public benefit corporation\nshall be deemed to have forfeited his or her office or employment or any\nbenefits provided under the retirement and social security law or under\nany public retirement system maintained by the state or any of its\nsubdivisions by reason of accepting membership on such commission.\n  2. Designation of special commercial abatement areas. (a) The\ncommission shall meet in two thousand nine or two thousand fifteen and\nat least once every five years thereafter to determine the boundaries of\nspecial commercial abatement areas which it is authorized, but not\nrequired, to designate pursuant to this section. The areas designated by\nthe commission established pursuant to title two-D of this article in\neffect as of June thirtieth, two thousand eight shall remain in effect\nuntil the first taxable status date after the local legislative body\napproves a new designation pursuant to paragraph (d) of this subdivision\nor, if the local legislative body does not approve a new designation\nbefore January first, two thousand sixteen, then, for purposes of\napplications for special commercial abatement area benefits, the areas\ndesignated by the commission established pursuant to title two-D of this\narticle in effect as of June thirtieth, two thousand eight shall remain\nin effect until December thirty-first, two thousand fifteen.\n  (a-1) Notwithstanding any provision of law to the contrary, beginning\nJanuary first, two thousand twenty-six, Governor's Island shall be\ndesignated a special commercial abatement area for the purposes of this\ntitle, provided that such designation may be modified in whole or in\npart in accordance with the procedures set forth in this subdivision.\n  (b) In years when special commercial abatement areas are to be\ndesignated, no later than October first, the commission shall provide\npublic notice of such designation by publishing

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