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HomeMy WebLinkAboutLL1 of 1984.PDFVillage of Cayuga Heights Local Law No. 1 of the year l9B4 A Local Law providing for the granting of real property tax exemptions under the Alternative veterans' Program, pursuant to chapter- szs,Laws or t9sq, shte of New York. Be it enacted by tlie Board of Tn-rstees of tlie Village of Cayuga Heights as follows: The Village of Cayuga Heights hereby grants real propefiy tax exeurptions for veterans under tlie Altemative Veterans' Exemption Program, with the following rnaximun levels of eremption: 1) Basic War Veteran Exemption for those honorably disch arged,veterans (and certain of their farnily members as set forth in the enabling legislatioir) who served during the Spanish-Arnerican War, the Mexican Border period, World War I, World War II, the Korean War, or the Vietnarn War neriod: 15olo of assessed value with a maximum of $6,000.00 .' 2) Combat Zone Veteran Exemption for those veterans qualifying und.er the Basic War Veteran Exemption who can also document service in a combat theater or zone: additio'al 10% of assessed vaiue, with a maximum of $4,000.0b 3) Disabled Veteran Exemption for the quaiifying veterans who have received. a service connected disability compensation rating from the Veterans' Administration: additional percentage of assessed vaiue equal to 50% of disability rating, with a maximum of $20,000.00 This Local Law is effective immediately. (1O/ga)