[Adopted 10-6-2020 by Ord. No. 20-12]
The Borough will allow for either a veteran or surviving spouse
of a veteran to obtain municipal property tax relief upon proper claim
pursuant to N.J.S.A. 54:4-3.30 et seq. An "eligible veteran" shall
be defined as a member of the armed forces who was either honorably
discharged or released under honorable circumstances from active service,
in time of war, in any branch of the Armed Forces of the United States,
who has been or shall be declared by the United States Veterans'
Administration or its successor to have a service-connected disability
and to be determined to be 100% permanently disabled.
In determining a grant of a municipal tax exemption under this
section, the Borough will prorate the exemption for the remainder
of the year in which application is made and accepted by the Borough,
from the date of the application to the Tax Assessor, or the from
the date of the approval of the exemption by the United States Veterans'
Administration, whichever is later. There shall be no retroactive
refund granted, regardless of the disability date determination of
the United States Veterans' Administration.