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One Hundred Dollars ($100.00) or at the alternative rate calculated pursuant to formula prescribed in Section 58- 514.2, Code of Virginia, 1950, as amended~ whichever rate generates the most revenue. 4o Tax on Machinery and Tools: The tax on machinery and tools used in a manufact- uring or mining business for the City of Portsmouth, V±rginia, shall be One Dollar and Seventy-five cents ($1o75) on each One Hundred ($100.O0) of assessed valuation thereof. 5. Certified Pollution Control Equipment: (a) Certif±ed pollution control equipment~ facilities, and property as defined herein, are hereby declared to be a separate class of property and shall constitute a classification for local taxation separate from other such classification of real or personal property and as such shall be exempt from local taxation. (b) As used in this ordinance the term ~'certified pollution control equipment, facilities, and property" shall be deemed to mean any property, including real or personal property, equipment, facilities, or devices, used primarily for the purpose of abating or preventing pollution of the atmosphere or waters of the Commonwealth and which the State Certifying Authority havingjurisdiction with respect to such property has certified to the Department of Taxation as hav±ng been constructed, reconstructed, erected, or acquired in conformity with the State program or requirements for abate- ment or control of water or atmospheric pollution or contami- nation. As used in this ordinance, the term "State Certifying Authority" shall be deemed to mean the Water Control Board for water pollution, and the State Air Pollution Control Board for air pollution~ and shall include any interstate agency authorized to act in place of a certifying authority of. the State. This Ordinance shall take effect from July l, 1981. Adopted by the Council of the City of Portsmouth, Virginia, at a meebing held May 12, I981. Teste: City Clerk