Exemptions from real property taxation for those who are military veterans with a one hundred (100) percent military disability rating. The tax assessor is authorized to grant an exemption of fifty thousand dollars ($50,000.00) a year aggregated for five years up to two hundred fifty thousand dollars ($250,000.00) of the real property owned by any person who is classified as one hundred (100) percent disabled according to the United States Veterans Administration if said person owns and occupies residential property located in the city; which exemption shall extend to the unmarried surviving spouse of such veteran; provided, however, that only one such exemption shall be granted to tenants in common, joint tenants, and tenants by the entirety.
(Ord. 2016-7, § 1, 3/28/2016)