[Adopted 10-23-1984 by L.L. No. 11-1984 (Ch. 134, Art. I, of the 1982 Code); amended in its entirety at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]
Editor's Note: This local law also repealed former Art. I, Real Property Tax Reduction, adopted 3-13-1973 as Art. VI of Ch. VIII of the Walden Village Code, as amended.
A partial exemption from taxation to the extent of 50% of the assessed valuation of real property which is owned by certain persons with limited income who are 65 years of age or older meeting the requirements set forth in § 467 of Real Property Tax Law is hereby granted.
The schedule of exemptions is as follows: