[Adopted 4-29-1985 by L.L. No. 1-1985]
Pursuant to the authority granted and Real Property Tax Law § 458, Subdivision 5(b) thereof, which provides that where the ratio between exemption granted under said § 458 to veterans, and the total assessed valuation of real property for which such exemption has been granted is changed, due only to a change in the manner of assessing in the Town of Wilna, the amount of exemption heretofore or hereafter granted shall be increased and decreased in the same proportion as the total assessed valuation has been increased or decreased.
The implementing of a full value assessment program by the Town Board of the Town of Wilna is such change in the manner of assessing real property provided for in § 458 of the Real Property Tax Law so as to authorize the Assessor and the Assessor is hereby directed to make such proportional adjustments of veterans exemptions made and provided for in § 458, Subdivision 5(b) of the Real Property Tax Law.
No application therefore need be filed by or on behalf of any owner of any eligible property.
The benefits of this article shall commence with the 1985 tax roll.