[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.
