[Adopted 10-15-1987; amended in its entirety 4-30-1996 by L.L. No. 1-1996]
[Amended 9-17-1996; 11-17-2025 by L.L. No. 3-2025]
Pursuant to § 467 of the Real Property Tax Law, the Board of Trustees of the Village of Fort Plain hereby grants a tax exemption of 50% of the assessed valuation real property located in the Village of Fort Plain and owned by persons 65 years of age or over, provided that the applicant for such exemption meets all of the requirements of § 467 of the Real Property Tax Law and the income of such applicant does not exceed $16,000.
An application for such exemption shall be made on forms provided for such purpose at the office of the Village Clerk on or before December 31 of each year.