[Adopted 12-28-2017 by L.L. No. 1-2017[1]]
[1]
Editor’s Note: This local law also superseded former Art. II, Alternative Veterans Exemption, adopted 2-26-1998 by L.L. No. 1-1998, as amended.
This article is adopted pursuant to the authority granted by Real Property Tax Law § 458-a2(d)(ii). All definitions, terms and conditions of such statute shall apply to this article.
The Town of Lima, pursuant to the authority granted by § 458-a2(d)(ii) of the Real Property Tax Law increases the maximum allowable exemption granted under paragraphs (a) (b) and (c) of Subdivision 2 of § 458-a of the Real Property Tax Law to the sum that is equal to the exemption schedule adopted by the Livingston County Board of Supervisors from time to time. The new allowable exemption shall be effective with the 2018 assessment roll.