[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.