[Adopted 8-18-1986 as Ch. 59, Art. III, of the 1968 Code]
The purpose of this article is to provide the maximum exemption from real property taxes as shall be granted pursuant to § 458-a of the Real Property Tax Law of the State of New York.
[Amended 8-14-2006 by L.L. No. 4-2006]
Pursuant to the provision under § 458-a, Subdivision 2(d)(ii), of the Real Property Tax Law of the State of New York, the exemptions that shall be allowed under Subdivision 2(a), (b) and (c) of § 458-a of the Real Property Tax Law of the State of New York shall be $27,000, $18,000 and $90,000, respectively.