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A RESOLUTION SUPPORTING THE APPLICATION OF PORTSMOUTH VETERANS
<br />HOME, INC., FOR DESIGNATION AS A cHARITABLE AND BENEVOLENT
<br />ORGANIZATION WITHIN THE CONTEXT OF SECTION 6 (a) (6) OF ARTICLE
<br />X OF THE CONSTITUTION OF VIRGINIA.
<br />
<br /> WHEREAS, in accordance with Section 30-19.04 of the Code
<br />of Virginia, 1950, as amended, the Council of the City of
<br />Portsmouth, Virginia, held a Public Hearing on Tuesday,
<br />February 8, 1994, to consider the application for exemption
<br />from taxes filed~on behalf of Portsmouth Veterans Home, Inc.,
<br />Portsmouth Federal Chapter %22, for property located at 4648
<br />Portsmouth Boulevard, Portsmouth, Virginia, and used by the
<br />applicant exclusively for charitable and benevolent purposes on
<br />a non-profit basis as set forth in Section 58.1-3650 of the
<br />Code of Virginia, 1950, as amended; and
<br />
<br /> WHEREAS, the Council of the City of Portsmouth, Virginia,
<br />has examined and considered the provisions of Section
<br />30-19.04(B) of the Code of Virginia, 1950, as amended, with
<br />respect to the petition of Portsmouth VeEerans Home, Inc., and
<br />determined that the assessed value of the property owned by
<br />Portsmouth Veterans Home, Inc., in Portsmouth, Virginia, is
<br />$224,080.00 which would produce tax revenue in the amount of
<br />$2,957.84 for the current tax year.
<br />
<br /> NOW, THEREFORE, BE IT RESOLVED that the Council of the
<br />City of Portsmouth, Virginia, supports the request of
<br />Portsmouth Veterans Home, Inc., a non-profit organization, for
<br />designation as a charitable and benevolent organization within
<br />the context of Section 6 (a) (6) of Article X of the
<br />Constitution of Virginia and that its properuy located at 4648
<br />Portsmouth Boulevard in the City of Portsmouth, Virginia, owned
<br />by it and used by it exclusively for charitable and benevolent
<br />purposes on a non-profit basis, be determined to be exempn from
<br />taxation in accordance with Section 58.1-3650 of the Code of
<br />Virginia, 1950, as amended.
<br />
<br /> BE IT FURTHER RESOLVED that the City Clerk be, and she
<br />hereby is, directed to forward copies of this Resolution
<br />Stane SenaEors L. Louise Lucas and Frederick M. Quayle and
<br />DelegaEes William S. Moore, Jr., and Kenneth R. Melvin.
<br />
<br /> Adopted by the Council of the City of Portsmouth,
<br />Virginia, an a meeting held on February 8, 1994.
<br />
<br />Tesme:
<br />
<br />City Clerk
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