The Town of Wallingford hereby enacts a real estate property
tax deferral program for homeowners who are 65 years of age or older
or who are permanently and totally disabled pursuant to the authority
of § 12-129n of the General Statutes, commencing with the
taxes due on the Grand List of October 1, 1992.
Any homeowner entitled to property tax deferral benefits under
this article shall make application biennially for such deferral to
the Assessor and, upon approval, shall execute an Agreement for Tax
Deferral between February 1 and the 15th day of May of the Grand List
year in which the deferral is to begin.
Taxes deferred shall be subject to a lien for that part of the
taxes which have been deferred, including any interest. Such lien
shall exist from the first day of October in the year previous to
that in which the first installment of the tax would have become due
and payable, but for deferral under this article, and continue in
existence until paid.