Pursuant to the authority of Subdivision 7 of
§ 485-b of the Real Property Tax Law of the State of New
York, the partial exemption from taxation, special ad valorem levies,
service charges and any reduction in assessed valuation for taxation
provided by said § 485-b is hereby repealed insofar as such
exemption would have been applicable to eligible real property situated
in the Town of Parma assessed for Town purposes.
This article shall be subject to a permissive
referendum.