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This entry was published on 2014-09-22
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Water-works corporations
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 4, TITLE 2
§ 485-d. Water-works corporations. Real property situated in a city
with a population of one million or more owned by a water-works
corporation subject to the provisions of the public service law and used
exclusively for the sale, furnishing and distribution of water for
domestic, commercial and public purposes, shall be wholly or partially
exempt from taxation provided that the local legislative body of such
city within which such property is situated adopts a local law so