[Adopted 3-16-1998 by L.L. No. 3-1998]
This article is adopted pursuant to the authority
granted by Real Property Tax Law § 459-c. All definitions,
terms and conditions of such statute shall apply to this article.
Real property owned by a person with disabilities
whose income is limited by such disabilities, and used as the legal
residence of such person, shall be entitled to a partial exemption
from taxation to the extent of 50% of the assessed valuation.
[Amended 12-19-2000 by L.L. No. 4-2000; 12-4-2006 by L.L. No. 2-2006]
To be eligible for the exemption authorized
by Real Property Tax Law § 459-c and implemented by this
article, the maximum income of such person shall not exceed limits
set by the County of Livingston. The Village Board of Trustees adopts
the schedule of exemptions as that adopted by the county and the Town
of Geneseo. The Town of Geneseo Assessor is hereby authorized to annually
implement said exemption schedule, without further action by the Village
Board, upon receiving notice of the adoption of the exemption schedule
by the County of Livingston.
