[Adopted 1-8-2007 by L.L. No. 1-2007]
The purpose of this article is to grant a partial exemption from taxation to a maximum extent of 50% of the assessed valuation of real property which is owned by one or more persons 65 years of age or over who meet the requirements set forth in § 467 of the Real Property Tax Law.
[Amended 9-13-2010 by L.L. No. 4-2010]
Real property which qualifies for exemption pursuant to the provisions of Real Property Tax Law § 467 is hereby exempted from taxation by the Town pursuant to the following schedule: