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The Laws of New York
Consolidated Laws of New York
CHAPTER 50-A
Real Property Tax
ARTICLE 5
Assessment Procedure
TITLE 4-A
Assessment and Taxation of Watershed Conservation Easements and Watershed Agricultural Easements Acquired By or On Behalf of the City of New York For Watershed Protection Purposes
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SECTION 587
List of watershed conservation easements and watershed agricultural easements
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TITLE 4-A
Assessment and Taxation of Watershed Conservation Easements and Watershed Agricultural Easements Acquired By or On Behalf of the City of New York For Watershed Protection Purposes
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SECTION 589
Change in allocation factor
This entry was published on 2014-09-22
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SECTION 588
Payment of taxes on parcels subject to a watershed conservation easement or watershed agricultural easement
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 5, TITLE 4-A
§ 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.

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.