[Adopted as last amended 3-1-2006; amended in
its entirety at time of adoption of Code (see Ch. 1, General Provisions,
Art. I)]
Pursuant to the authority granted by § 467
of the Real Property Tax Law, a partial tax exemption from real property
taxation for certain real property owned by persons 65 years of age
or over is hereby granted.
Pursuant to RPTL § 467, Subdivision 1(a), governing
the exemption from taxation of real property as provided therein,
the maximum income eligibility level hereby adopted by the Town as
provided in Subdivision 3 of RPTL § 467, to the extent and
within the limits provided in the schedule at RPTL § 467(b),
is $29,000.
