2006 New York Code - Industrial Development Agencies.

 
    §  412-a.  Industrial development agencies. 1.  Real property owned by
  or  under  the  jurisdiction,  supervision  or  control  of   industrial
  development  agencies  enumerated  in the general municipal law shall be
  entitled to such exemption as may be provided therein.
    2. Application for such exemption must be made by the agency on a form
  prescribed by the state board and shall be filed in the  office  of  the
  assessor  on  or before the appropriate taxable status date for the year
  in which the exemption is first claimed. At such time,  copies  of  such
  application  shall  be mailed or delivered to the chief elected official
  of each school district, city, county, town and village within which the
  project is located.  Such application shall include an  extract  of  the
  terms  of any agreement relating to the project. No application shall be
  required in subsequent years unless  the  terms  of  the  agreement  are
  modified or changed.