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17 <br /> <br />A RESOLUTION ENDORSING LEGISLATION TO PROVIDE FOR A 1% LOCAL <br />OPTION INCOME TAX; REQUESTING THE GENERAL ASSEMBLY OF VIRGINIA <br />TO INCLUDE THE CITY OF PORTSMOUTH AS A JURISDICTION WHICH <br />WOULD BE AUTHORIZED TO IMPLEMENT SUCH LOCAL OPTION TAX. <br /> <br /> WHEREAS, the legislation designated as House Bill 1684 <br />and Senate Bill 691 has been introduced in the 1989 Session of <br />the General Assembly of Virginia to permit localities to <br />implement a local option 1% income tax to provide funds for <br />transportation needs; and <br /> <br /> WHEREAS, said legislation is currently applicable only to <br />northern Virginia counties and cities with a population of at <br />least of 265,000; and <br /> <br /> WHEREAS, adoption of this legislation would provide <br />localities with an additional source of revenue to address <br />local transportation needs; and <br /> <br />the <br /> <br /> WHEREAS, the Council of the City of Portsmouth, Virginia, <br />deems it to be in the best interest of the City to be included <br />in the enablin~ legislation for the local option tax. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City <br />of Portsmouth, Virginia, that it hereby endorses legislation <br />to provide for a 1% local option income tax. <br /> <br /> BE IT FURTHER RESOLVED that the General Assembly of <br />Virginia be, and hereby is, requested to include the City of <br />Portsmouth as a jurisdiction which would be authorized to <br />implement such local tax. <br /> <br /> BE IT FURTHER RESOLVED that the City Clerk be, and is <br />hereby is, directed to forward a copy of this resolution to <br />the Members of the Portsmouth Delegation to the General <br />Assembly of Virginia. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held February 14, 1989. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />