[Adopted 4-11-1994 by L.L. No. 2-1994]
A partial exemption from taxation to the extent of 50% of the assessed valuation of real property which is owned by certain persons with limited income who are 65 years of age or older meeting the requirements set forth in § 467 of the Real Property Tax Law is hereby granted.
The current maximum income levels and proportionate exemptions up to the fifty-percent exemption, as set by resolution of the Town Board, are on file in the Town Clerk's office.