Pursuant to the provisions of Subparagraph (ii)
of Paragraph (d) of Subdivision 2 of § 458-a of the Real
Property Tax law, the Village of Cazenovia elects to reduce the maximum
exemption allowable in Paragraphs (a), (b) and (c) of Subdivision
2 to $6,000, $4,000 and $20,000 respectively.
This article shall be effective for the 1996
Assessment Roll upon filing in the Office of the Secretary of State,
pursuant to § 27 of the Municipal Home Rule Law.