[Adopted 8-12-1976 by L.L. No. 1-1976]
Pursuant to the authority granted by Subdivision 7 of § 485-b of the Real Property Tax Law, Subdivision 2(a) of such section is hereby changed, superseded and amended to read as follows:
     Subdivision 2. (a) Such real property shall be exempt to the extent of 0% of the increase in assessed value thereof attributable to such construction, alteration, installation or improvement.