N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 8200-6.2

Current through Register Vol. 46, No. 45, November 2, 2024

Section 8200-6.2 - Determination of tentative railroad ceiling

(a) The amount computed in section 8200-6.1 of this Subpart shall be determined as the tentative railroad ceiling ORPTS.

(b) A notice of determination of tentative railroad ceiling shall be served upon the railroad company and the chief executive officer of the municipality in which the railroad real property is located. Such notice shall include:

(1) a statement that the tentative railroad ceiling has been determined;

(2) the tentative railroad ceiling;

(3) an identification of the assessment roll for which the railroad ceiling was established;

(4) the time and place that a hearing will be held to hear any complaint concerning such railroad ceiling; and

(5) if the assessing unit is one which is expected to complete a revaluation, a statement that the tentative ceiling represents the taxable full value of the railroad ceiling property and that the final ceiling will represent the equalized value of the property.

(c) Service shall be made upon the railroad company by mailing or delivering a copy to its principal place of business.

(d) Such notice shall be served at least 20 days before the date specified for the hearing.

N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 8200-6.2