[Adopted 9-15-1982]
The Town Board of the Town of Boston, after public hearing, hereby grants to taxpayers within the Town of Boston 65 years or over exemption from real property taxation to the extent of 50% of the excess valuation of said property to said taxpayers within the Town of Boston with taxable income not in excess of $10,500 per annum in accordance with the provisions of § 467 of the Real Property Tax Law and in compliance with the requirements therein specified as to the extent of and the eligibility for said tax exemption.
[Added 12-3-1997 by L.L. No. 9-1997]
Any payment or payments for veteran's disability compensation shall be excluded when computing income eligibility for a tax exemption for persons over 65 years of age as provided in the Real Property Tax Law of the State of New York.