Pursuant to Chapter 477 of the Laws of 1997,
amending § 458-a as added by Chapter 525 of the Laws of
1984, the maximum exemption allowable in Subdivisions 2(a), (b) and
(c) of § 458-a of the Real Property Tax Law shall be $18,000,
$12,000 and $60,000, respectively.
All applicable provisions of § 458-a
of the Real Property Tax Law of New York State, including all subsections,
together with any and all appropriate amendments thereto, are hereby
approved and adopted as and for law and procedures of the Town of
Riga except where provisions of this article or any other local law
or ordinance of the Town of Riga shall prescribe differently. In such
event, compliance with the provisions of such local law or ordinance
shall constitute proper compliance with this article.
The Town Board may from time to time amend,
supplement, change, modify or repeal this article by resolution, pursuant
to the provisions of the Town Law, the General Municipal Law and the
Real Property Tax Law of New York State applicable thereto.
This article shall take effect immediately upon
the filing with the Secretary of State and shall apply to assessment
rolls prepared on the basis of taxable status dates occurring on or
after January 1, 1997.