The purpose of this article is to provide that
exemption from real property taxes be granted pursuant to § 458-a
of the Real Property Tax Law of the State of New York.
Pursuant to the provisions of Subdivision 4
of § 458-a of the Real Property Tax Law of the State of
New York, exemption from the real property taxes shall be granted
pursuant to § 458-a of the Real Property Tax Law for purposes
of real property taxes levied for the Town of Red Hook.