[Article 1, voted in the affirmative 3-8-1974 by ballot, by the Annual Town Meeting, reads as follows: "Shall we adopt the Homeowner's Exemption provisions of N.H.R.S.A. Chapter 72 granting a $5,000 exemption based on equalized assessed valuation on all owner-occupied units and a $10,000 exemption based on equalized assessed valuation on all owner-occupied units owned by persons over sixty-five years of age?" Article 26, voted in the affirmative 3-13-2007 by ballot, provided as follows: "Shall the Town of Hudson modify the elderly exemptions, pursuant to RSA 72:39-b, from property tax in the Town of Hudson, based on assessed value, for qualified taxpayers, to be as follows: for a person 65 years of age up to 75 years, $105,000; for a person 75 years of age up to 80 years, $125,000; for a person 80 years of age or older, $150,000? To qualify, the person must have been a New Hampshire resident for at least three consecutive years, own the real estate individually or jointly, or if the real estate is owned by such person's spouse, they must have been married for at least five consecutive years. In addition, the taxpayer must have a net income of not more than $35,000 or, if married, a combined net income of not more than $45,000; and own net assets not in excess of $150,000, excluding the value of the person's residence. If approved, this article shall take effect for the 2007 property tax year."]