[Adopted 10-10-1966 by L.L. No. 1-1966; amended in its entirety 9-30-1985 by L.L. No. 4-1985]
A. 
Real property owned by one or more persons, each of whom is 65 years of age or over, or real property owned by husband and wife, one of whom is 65 years of age or over, shall be exempt from taxation by the Village of Bath to the extent of 50% of the assessed evaluation thereof, provided that said person or persons qualify for said exemption pursuant to the terms and conditions of § 467 of the Real Property Tax Law, as amended.
B. 
The maximum income limit is established by resolution of the Trustees of the Village of Bath, and such limit may change pursuant to § 467 of the Real Property Tax Law, as amended. The current maximum income level is available in the office of the Village Clerk-Treasurer.