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Also attached to this agenda item: Local Law Intro 16 of 2022 Resolution to Schedule Public Hearing on Local Law...

On motion of TRUSTEE _____, seconded by TRUSTEE______, the following resolution was adopted by the Board of Trustees of the Village of Croton-on- Hudson, New York with a - vote. Resolution #168-2022 WHEREAS, pursuant to § 459-c of the Real Property Tax Law, the Village of Croton-on-Hudson maintains a tax exemption for persons with disabilities at the maximum level of 50% for qualified persons earning $19,500/year or less; and WHEREAS, on August 8, 2022, New York State adopted legislation increasing the amount of income property owners may earn for the purpose of eligibility for the property tax exemption for persons with disabilities; and WHEREAS, the option to increase the income eligibility level for the tax exemption for persons with disabilities must be exercised through adoption of a local law, ordinance, or resolution after public hearing; and WHEREAS, Local Law Introductory No. 16 of 2022 has been drafted to reflect such language; and WHEREAS, a Public Hearing on Local Law Introductory No. 16 was opened and closed on November 21, 2022, NOW THEREFORE BE IT RESOLVED: that the Village Board of Trustees hereby adopts Local Law Introductory No. 16 of 2022 to increase the income eligibility level for the property tax exemption for persons with disabilities, which upon adoption becomes Local Law No. 15 of 2022. Dated: November 21, 2022