[Adopted 7-10-1979 by L.L. No. 2-1979; amended in its entirety 8-8-1995 by L.L. No. 3-1995]
As permitted in Subdivision 7 of § 485-b of the Real Property Tax Law, the exemption table applicable within the Village of Hamilton shall be as follows, as set forth in Subdivision 2(a) of that section, and pursuant to the procedures and requirements thereof:
Year of Exemption
Percentage of Exemption
1
50
2
45
3
40
4
35
5
30
6
25
7
20
8
15
9
10
10
5