[Adopted 3-31-1998 by L.L. No. 4-1998]
This article is adopted pursuant to the authority
granted by Real Property Tax Law § 459-c. All definitions,
terms and conditions of such statute shall apply to this article.
Real property owned by a person with disabilities,
whose income is limited by such disabilities, and used as the legal
residence of such person, shall be entitled to a partial exemption
from taxation to the extent of 50% of the assessed valuation.
[Amended 1-5-1999; 1-2-2001; 1-8-2002; 1-7-2003; 11-7-2006 by L.L. No.
7-2006]
A.
The schedule of income limits and exemption percentages
to be applied to real property owned by eligible persons shall be
the same schedule as that adopted each year by the County of Livingston.
B.
The aforesaid schedule shall automatically apply and
take effect upon its receipt from the County of Livingston by the
Village Clerk, without public hearing, unless in any subsequent year
the Board of Trustees shall resolve to adopt a different schedule.
C.
This section shall take effect immediately and shall
remain in effect unless amended by local law.
