[Adopted 3-21-1994 by L.L. No. 1-1994]
The provisions of § 1903 of the Real
Property Tax Law concerning homestead base proportions are hereby
adopted.
The homestead base proportions shall be established
by resolution of the Board of Trustees of the Village of Menands in
accordance with the rules of the State Board of Equalization and Assessment
and shall apply to taxes levied on the 1994 final assessment roll
and to taxes levied on subsequent rolls until this article shall be
repealed.