[Adopted 11-26-2007 by L.L. No. 1-2007[1]]
[1]
Editor's Note: This local law provided that it shall apply to the taxation of real property within and by the Town of Eaton on and after 1-1-2008.
Pursuant to the authority contained in Subsection 4-a of § 458-a of the Real Property Tax Law of the State of New York, Town of Eaton Local Law No. 1 of the year 1985 is hereby repealed effective as of January 1, 2008, and for the preparation of the 2008 assessment roll and 2008 tax roll of the Town of Eaton.
A. 
Within the Town of Eaton, the exemption for qualifying residential real property, as defined in § 458-a of the New York Real Property Tax Law, shall not exceed $12,000 for purposes of the exemption provided in Subdivision 2(a) of said § 458-a.
B. 
Within the Town of Eaton, the exemption for qualifying residential real property, as defined in § 458-a of the New York Real Property Tax Law, shall not exceed $8,000 for purposes of the exemption provided in Subdivision 2(b) of said § 458-a.
C. 
Within the Town of Eaton, the exemption for qualifying residential real property, as defined in § 458-a of the New York Real Property Tax Law, shall not exceed $40,000 for purposes of the exemption provided in Subdivision 2(c) of said § 458-a.