N.Y. Real Property Tax Law 588 – Payment of taxes on parcels subject to a watershed conservation easement or watershed agricultural easement
§ 588. Payment of taxes on parcels subject to a watershed conservation easement or watershed agricultural easement. 1. The city shall pay taxes levied on watershed agricultural easements and watershed conservation easements pursuant to the foregoing sections of this title in the same manner as any other taxes levied upon real property.
Terms Used In N.Y. Real Property Tax Law 588
- City: means the city of New York. See N.Y. Real Property Tax Law 583
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Watershed agricultural easement: means a watershed conservation easement which allows the land subject to such easement to be utilized in agricultural production. See N.Y. Real Property Tax Law 583
- Watershed conservation easement: means an easement, covenant, restriction or other interest in real property purchased by or on behalf of the city of New York that is located in those areas of the counties of Delaware, Dutchess, Greene, Putnam, Schoharie, Sullivan, Ulster and Westchester located in the watershed of the New York city water supply, created under and subject to the provisions of Article 49 of the environmental conservation law which, for the purpose of maintaining the open space, natural condition, or character of the real property in a manner consistent with the protection of water quality generally and the New York city water supply specifically, limits or restricts development, management or use of such real property. See N.Y. Real Property Tax Law 583
2. Payment of taxes by the owner of a parcel burdened by a watershed conservation easement or watershed agricultural easement made taxable pursuant to this title based upon the assessment of the parcel without consideration of that easement shall entitle that owner to a refund pursuant to section five hundred fifty-six of this article, equal to any taxes payable by the city upon such easement. Such owner shall present the certificate issued pursuant to this section and proof of payment to the tax levying body.