[Adopted 4-24-1985 by L.L. No. 7-1985 (Sub-Part LVIII of the 1970 Code)]
[Amended by L.L. No. 1-1993]
Pursuant to § 458-a(2)(c)(ii) of the Real Property Tax Law, this Council hereby elects to adopt the maximum exemption level for Paragraphs (a), (b) and (c) of § 458-a at $12,000, $8,000 and $40,000 respectively.