North Hempstead |
Code of Ordinances |
Chapter 51. Taxation |
Article III. Exemption for Capital Improvements |
§ 51-14. Conditions.
Latest version.
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No exemption shall be granted for reconstruction, alterations or improvements unless:A.Such reconstruction, alteration or improvement was commenced subsequent to the effective date of this article.B.The value of such reconstruction, alteration or improvement exceeds $3,000;C.The greater portion, as so determined by square footage, of the building reconstructed, altered or improved is at least five years old; andD.The reconstruction, alteration or improvement was undertaken pursuant to a building permit issued by the Town of North Hempstead Department of Buildings.