[Adopted 3-19-1984 by L.L. No. 1-1984]
The tax exemption allowed by § 485-b of the Real Property Tax Law shall be reduced to zero with respect to the assessment of real property regarding the levy of real property taxes and service charges of the Village of Croton-on-Hudson.
This article shall take effect immediately after its adoption; provided, however, that exemptions under Real Property Tax Law § 485-b existing prior in time to the effective date of this article shall not be subject to the reduction effected by this article.