[Adopted 12-28-2017 by L.L. No. 3-2017]
This article is adopted pursuant to the authority granted by
Real Property Tax Law § 458-a(2)(d)(ii). All definitions,
terms and conditions of such statute shall apply to this article.
The Village of Lima, pursuant to the authority granted by Section
458-a(2)(d)(iii) of the Real Property Tax Law, increases the maximum
allowable exemption granted under paragraphs (a) (b) and (c) of the
subdivision (2) of Section 458-a of the Real Property Tax Law to the
sum that is equal to the exemption schedule adopted by the Livingston
County Board of Supervisors, from time to time. The new allowable
exemption shall be effective with the 2018 assessment roll.
This article shall take effect immediately upon its filing in
the Office of the Secretary of State.
