1985 Ordinances - Laserfiche WebLink

Home Browse Search

AN ORDINANCE TO AMEND THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA, 1973, BY ~ENDING SECTIONS 35-63, 35-64.1, 35- 64.2 (a), 35-64.5, 35-64.7, 35-74, 35-196, 35-208, 35-231, AND 35-232 OF CHAPTER 35 THEREOF, PERTAINING TO TAXATION. BE IT ORDAINED by the Council of the City of Portsmouth, Virgmnla: 1. That Sections 35-63~ 35-64.1, 35-64.2 (a), 35-64.5, 35-64.7, 35-74, 35-196, 35-208, 35-231 and 35-232 of Chaoter 35 of the Code of the City of Portsmouth, Virginia, 1973, be amended to read as follows: Section 35-63. Relief from assessments. Any person, or the City, aggrieved by any assessment made by the City Assessor or by the Board of Equalization, may apply for relief in the manner provided by S58.1-3984 of the Code of Virginia, 1950, as amended. Section 35-64.1. SPecial assessments for open space; real estate generally. The City finds that the preservation of real estate de- voted to open space uses witkin its boundaries is in the ~ublic interest, and having heretofore adopted a land use plan, hereby ordains that such real estate shall be taxed in accordance with the provisions of Article IV of Chapter ~2 of subtitle II of Title 58.1 of the Code of Virginia, 1950, as amended, and this Division. Section 35-64.2. Applications for classification and assess- ment. (a) The owners of any real estate meeting the criteria set forth in Sections 58.1-3230 and 58.1-3233 (b) of the Code of Virginia, 1950, as amended, must submit an application for taxation on the basis of a use assessment to the rea! estate assessor by Nover~ber 1st preceeding the tax year for which such taxation zs sought. Section 35-64.5. Roll-back tax levied when proDerty use changes to non-qualifying use. There is hereby imposed a roll-back tax, in such amount as may be determined under Virginia Code 358.1-3237, upon any property as to which the use changes to a non-qualifying use, plus simple interest on such roll-back taxes at the rate of slx per cent [6%) per annum.