[Adopted 11-23-1998 by L.L. No. 8-1998 (Ch. 182, Art. VI, of the 1994 Code)]
The purpose of this article is to provide a partial exemption from taxation imposed by the Town of Mendon upon real property situated within the Town of Mendon owned by persons with disabilities whose income is limited by such disabilities, and used as the legal residence of such persons, pursuant to the authority vested in the Town by § 459-c of the Real Property Tax Law of the State of New York as amended or changed.
Provisions of § 459-c of the Real Property Tax Law, as amended or changed, through the effective date of this article, together with any further acts of legislation amendatory thereof or supplemental thereto, shall apply to and govern the determination of the exemption of taxation permitted by this article to the extent specified in this article as if such § 459-c had been more particularly set forth herein and as the same may be determined from time to time by Town Board resolution.
[Amended 3-26-2001 by L.L. No. 3-2001; 11-27-2003 by L.L. No. 2-2003; 2-23-2004 by L.L. No. 2-2004; 2-26-2007 by L.L. No. 3-2007]
A. 
No exemption shall be granted if the income of the owner or the combined income of the owners of the property for the income tax year immediately preceding the date of making application for exemption exceeds the sum of $26,000, except that if the aforesaid income is more than $26,000, then such real property shall be exempt to the extent provided in the following schedule:
Annual Income
Percentage of Assessed Valuation Exempt From Taxation
Up to $26,000
50%
More than $26,000 but less than $27,000
45%
$27,000 or more but less than $28,000
40%
$28,000 or more but less than $29,000
35%
$29,000 or more but less than $29,900
30%
$29,900 or more but less than $30,800
25%
$30,800 or more but less than $31,700
20%
$31,700 or more but less than $32,600
15%
$32,600 or more but less than $33,500
10%
$33,500 or more but less than $34,400
5%
B. 
The eligible income levels will then increase $1,000 annually through 2009, such that in 2009 there will be a 50% exemption for incomes up to $29,000 and a graduated reduction in exemption for incomes more than $29,000 but less than $37,400.