New York Statutes
§ 1599-NNN*2 — Tax exemptions
New York·Law PBA Public Authorities·Title 16* Jamestown Parking Authority·Art. 7 Parking Authorities
* § 1599-nnn. Tax exemptions.
1.It is hereby determined that the\ncreation of the authority and the carrying out of its corporate purposes\nis in all respects for the benefit of the people of the city of\nJamestown and its environs, and is a public purpose, and the authority\nshall be regarded as performing a governmental function in the exercise\nof the powers conferred upon it by this title and shall be required to\npay no taxes or assessments upon any of the property acquired by it or\nunder its jurisdiction or control or supervision or upon its activities.\n 2. Any bonds or notes issued pursuant to this title, together with the\nincome therefrom, as well as the property of the authority, shall be\nexempt from taxation, except for transfer and estate taxes.\n * NB Authority ceased
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Nearby Sections
15
§ 1599
Short title§ 1599-A
Short title§ 1599-A*2
Short title§ 1599-A*3
Definitions§ 1599-A*4
Short title§ 1599-AAA
Short title§ 1599-AAA*2
Short title§ 1599-B
Definitions§ 1599-B*2
Definitions§ 1599-B*3
Niagara Falls parking authority§ 1599-B*4
Definitions§ 1599-BBB
Definitions§ 1599-BBB*2
Definitions§ 1599-C*2
Cohoes parking authority