[Adopted 1-24-1995 by L.L. No. 1-1995]
Section 467 of the Real Property Tax Law enables the Town of Williamson to grant a partial exemption up to 50% of the assessed valuation of real property owned by one or more persons, each of whom is 65 years of age or over, or real property owned by husband and wife or by siblings, one of whom is 65 years of age or over. The Town Board may, by resolution, extend to eligible persons the benefits of § 467 upon terms and conditions set forth in said section and establish eligibility income levels in accordance with law, and may amend the same from time to time.