[HISTORY: Adopted by the Board of Trustees of the Village of Nissequogue: Art. I, 4-13-1978 by L.L. No. 1-1978. Amendments noted where applicable.]
[Adopted 4-13-1978 by L.L. No. 1-1978]
The Village of Nissequogue hereby grants an exemption to the extent of 50% of the assessed valuation of real property located in said village owned by one or more village residents 65 years of age or over, provided that such person or persons shall meet all the requirements of § 467 of the Real Property Tax Law of the State of New York.
Editor's Note: The maximum income for senior citizens to qualify for exemption under the provisions of this section is set by resolution of the Board of Trustees. On 10-16-1980, the maximum income was designated as $9,200. Current standards are available and on file in the office of the Village Clerk.