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AN ORDINANCE TO AMEND THE CODE OF THE CiTY OF PORTSMOUTH~ VIR- GiNIA, 1973, BY ADDING THERETO A NEW SECTION NUMBERED 35-224.1 PERTAINING TO ELIGIBILITY FOR TAX RELIEF OF CERTAIN ELDERLY PERSONS. Be it ordained by the Council of the City of Ports- mouth, Virginia: 1. That the Code of the City of Portsmouth, 1973, be amended by adding thereto a new section n~mbered 35-224.1, such new section to read as follows: Section 35-224.1. Eligibility of displaced persons. (a) Notwithstanding the provisions of subsection (c) of Section 35-224, a taxpayer who is otherwise eligible for a tax exemption under this article shall not be deprived of such exemption if compelled by eminent domain proceedings, the threat of such proceedings or act of God %o abandon the residence to which such tax exentption appertains. The tax exemption applicable to the residence which the taxpayer is forced to abandon shall be transferable to any residence pur- chased by the taxpayer ~ithin twelve months after title to the first residence is conveyed or condemned. (b) Any taxpayer seeking a transfer of an exemption shall make application therefor on forms provided by the director. Such forms shall include an affidavit reciting the facts which demonstrate eligibility for such exemption. If the director finds that the applicant is eligible for such exemption, he shall so certify to the city treasurer. The city treasurer shall there- upon deduct the exempted amount from the applicant's real estate tax liability. The exemption transfer, if granted, shall take effect from the date of the filing of the transfer application. 2. This ordinance shall take effect from January t, 1975. Adopted by the Council of the City of Portsmouth, Vir- ginma, at a meeting held November 12, 1974. Teste: City Clerk