[Adopted 10-13-1998 by L.L. No. 4-1998]
Real property owned by one or more persons with disabilities or real property owned by a husband, wife, or both, or by siblings, at least one of whom has a disability, shall be exempt from taxation by the Town of Webb to the extent of 50% of the assessed value thereof, if the person or persons meet the requirements of this article and § 459-c of the Real Property Tax Law of the State of New York.
No exemption, as described in § 419-1 hereof, shall be granted by the Town of Webb unless there is full compliance with the provisions of § 459-c of the Real Property Tax Law of the State of New York.
No exemption, as described in § 419-1 hereof, shall be granted in the event that the income of the owner, or the combined income of the owners, of the property for the tax year immediately preceding the date of making application exceeds the sum of $29,000.