[Adopted 12-13-1967 as Ch. 48, Art. II, of the 1967 Code]
It hereby determines that the financial position
of the City of Linwood for 1961 will not thereby be impaired and it
hereby directs that the exemption claimed and allowed for 1961 shall
operate to reduce the taxable valuation for 1961 for the purpose of
computing the amount of tax due upon such properties for such year
pursuant to Paragraph 6, Chapter 9, P.L. 1961.
