[Adopted 4-2-1997 by L.L. No. 5-1997]
[1]
Editor's Note: Former Art. II, Tax on Admission Charges and Club Dues, adopted 7-29-1965 as L.L. No. 2-1965 and consisting of §§ 177-16 through 177-24, was repealed 7-24-1991 by L.L. No. 18-1991.
[Amended 4-29-1998 by L.L. No. 6-1998]
A. 
Veterans qualifying for a tax exemption under the alternative veterans exemption, provided in § 458-a of the Real Property Tax Law, shall be exempt from taxation by the City of Rye to the maximum extent permitted by § 458-a, Subdivision 2(d)ii.
B. 
In addition, persons meeting the above-described requirements who own shares in a residential cooperative corporation shall be exempt from taxation by the City of Rye to the extent permitted and pursuant to the terms of § 458-a of the Real Property Tax Law.