[Adopted 7-7-1989 by L.L. No. 5-1989]
Pursuant to the authority of Subdivision 7 of
§ 485-b of the Real Property Tax Law, the partial exemption
from property taxes, special ad valorem levies and service charges
provided by such § 485-b is hereby eliminated by reducing
the per centum of exemption to zero; provided, however, that exemptions
existing prior in time to the effective date of this article shall
not be subject to any such reduction.
