[Adopted 11-1-1976 by L.L. No. 8-1976]
Pursuant to the authority granted by Subdivision
7 of § 485-b of the Real Property Tax Law, Subdivision 2(a)
of such section is hereby changed, superseded and amended to read
as follows:
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Subsection 2(a). Such real property shall be
exempt to the extent of 0% of the increase in assessed value thereof
attributable to such construction, alteration, installation or improvement.
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