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New Tompkins County Property Tax
LEED Certified Buildings Eligible
March 21, 2014
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By Matt Fossen

The Tompkins County Legislature has now verified a new exemption from county property taxes for buildings constructed under LEED certification. Pending meeting other stipulations, buildings could also be exempted for the next ten years.

Upon a public hearing on the 19th, the maximum tax value of these buildings that could be abated is $100,000 with exemptions changing yearly based on LEED standards for a given year of construction or renovation. 

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