[Adopted 3-13-2001 by L.L. No. 1-2001]
This article shall be entitled "Veterans Exemption Increase or Decrease
Pursuant to § 458, Subdivision 5 of the Real Property Tax Law."
That the Town Board of the Town of Inlet hereby adopts and incorporates
by reference all of the provisions of Subdivision 5 of § 458 of
the Real Property Tax Law with respect to any increase or decrease in the
assessed value of qualifying real property in the Town of Inlet as a result
of a revaluation or update of assessment and a material change in the level
of assessment occurs.
This article shall take effect and apply to the 2001 Town of Inlet assessment
rolls to be used in computing the 2002 Town tax and shall continue to apply
to the Town of Inlet assessment rolls thereafter until amended.
[Adopted 10-14-2003 by L.L. No. 4-2003]
This article shall be entitled "Veterans Maximum Exemption as Authorized
by Chapter 417 of the Laws of 1997 of the State of New York."
This article granting the maximum tax exemption for veterans as authorized
by Chapter 417 of the Laws of 1997 of the State of New York shall
take effect and apply to the 2004 Town assessment rolls to be used in computing
the 2005 Town tax, and shall continue to apply to the Town assessment rolls
thereafter until amended.