The Town of Mamaroneck hereby adopts the provisions
of § 467-b, as amended, of the Real Property Tax Law of
the State of New York.
[Amended 7-17-1996 by L.L. No. 14-1996]
Hereinafter, there shall be provided tax abatement
in rent-regulated apartments where the combined income of members
of the household containing senior citizens (62 years of age or older)
does not exceed the maximum income level provided by Real Property
Tax Law § 467-b, provided that, pursuant to § 467-b
of the Real Property Tax Law of the State of New York, the benefits
of such abatement are passed on to such senior citizens.