The Town of Elma, pursuant to the authority contained in Chapter
616 of the Laws of 1966, as set forth in § 467 of the Real
Property Tax Laws, hereby grants a partial tax exemption on real property
within the Town of Elma.
Such partial tax exemption shall be given only to the owners
of real property referred to in § 467 of the Real Property
Tax Law and upon the terms and conditions and in the manner set forth
in said § 467, as now enacted or hereafter amended.