The Town Council finds:
(A) The General Assembly of South Carolina in 1971 enacted legislation providing for a homestead exemption, whereby the dwelling place of persons more than 65 years of age and the dwelling place of other persons having certain physical disabilities would be exempted from a portion of local real estate taxes, and said program subsequently was extended to include partial exemption from municipal taxation and to provide for state reimbursement to municipal governments for taxes not collected because of said exemption;
(B) Applicable state statutes thereafter have been amended to enlarge said exemption and to provide additional qualifications, terms and conditions applicable thereto; and
(C) The Town Council approves, endorses and supports the state’s policy of granting special homestead exemptions to elderly and disabled persons.
(Prior Code, § 19-3)