§ 805. Alternative county tax apportionment. 1. Any county to which
this title applies, and which contains a designated large property, as
that term is defined in section eight hundred forty-seven of this
article, may provide by annual resolution, adopted on or before November
first each year, that taxes to be levied for the upcoming fiscal year be
apportioned and levied in the manner provided in section eight hundred
forty-seven of this article.

2. When a county apportions and levies its taxes as provided in
subdivision one of this section, two county equalization rates shall be
established for the city or town containing any designated large
property. The first county equalization rate shall be the percentage of
full value at which all taxable real property is assessed in the city or
town containing any designated large property and shall be used to
initially apportion the tax in accordance with the provisions of this
title. The second county equalization rate shall be the percentage of
full value at which all taxable real property, exclusive of any
designated large property, is assessed. The second county equalization
rate shall be used to reapportion the remaining tax, exclusive of any
designated large property, in the manner provided by paragraphs (c)
through (f) of subdivision seven of section eight hundred forty-seven of
this article.