[Adopted 5-13-1997 by L.L. No. 2-1997]
In accordance with the authorization of Subparagraph (ii) of Paragraph (d) of Subdivision 2 of § 458-a of the Real Property Tax Law, the maximum allowable exemption of paragraphs (a), (b) and (c) of Subdivision 2 of § 458-a of such law is hereby increased to $120,000.