N.Y. Environmental Conservation Law § 27-1433: Waiver of interest or penalties or other charges on brownfield properties

§ 27-1433. Waiver of interest or penalties or other charges on

brownfield properties.

Notwithstanding any provision of law to the contrary, the governing

body of any tax district shall be authorized, by resolution, to permit

the enforcing officer to effect the cancellation in whole or in part of

any interest, penalties or other charges on real property where such

real property is subject to the brownfield site clean-up agreement

entered into by a volunteer pursuant to section 27-1409 of this title.

Provided, however, that in cases where such interest, penalties, or

other charges, if collected by a tax district, belong to a municipal

corporation within such tax district, no reduction or remission in whole

or in part of such interest, penalties, or other charges shall be made

without the consent of the municipal corporation affected, which consent

may be given by resolution adopted after a public hearing. Failure of

such real property to receive a certificate of completion pursuant to

section 27-1419 of this title or revocation of such certificate shall be

grounds for revocation of any waiver of interest, penalties, or charges

granted pursuant to this section.