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1973 Ordinances
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1973 Ordinances
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Last modified
8/27/2001 12:53:32 PM
Creation date
6/27/2001 4:58:16 PM
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Ord/Resolutions
Year
1973
Ord/Resolutions - Type
Ordinances
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~/g ORDINANCE IMPOSING AND COLLECTING TAXES ON REAL ESTATE, <br />TANGIBLE PERSONAL PROPERTY ~ AND FuACHiNERY AND TOOLS WITHIN <br />TP2E LIMITS OF THE CITY OF PORTSMOUTH, VIRGINIA, FOR THE PUR- <br />POSE OF P~ISiNG RE~YENUE FOR TEE SUPPORT OF THE GOVERNMENT <br />.~/gD THE PUBLIC FREE SCHOOLS A2~D TO PAY INTEREST ~-ND SINKING <br />FUND ON THE PUBLIC DEBT FOR THE FISCAL YEAR BEGINNING JULY <br />!~ 1973 AND ENDING JUNE 30, 1974. <br /> <br /> BE IT ORDAINED by the Council of the City of Ports- <br />mouth~ Virginia: <br /> <br /> i. For the fiscal year beginning July 1, 1973, and <br />ending June 30~ 1974~ and thereafter until annulled by ordinance, <br />the following tax shall be placed on real estate~ tangible per- <br />sonal property~ and machinery and tools within the limits of the <br />City of Portsmouth~ for the purpose of raising revenue for the <br />support of the gover~ment and the public free schools and to pay <br />interest and sinking fund on the ~ublic debt. <br /> <br /> 2. The tax on real estate for the City of Portsmouth, <br />Virginia~ shall be T~,o and 25/100 ($2.25) Dollars on each one <br />hundred dollars assessed valuation thereof. <br /> <br />3. Classification of Tangible Personal Property: <br /> <br /> (a) The following shall be classified as Tangible <br />Personal Property and taxes at the rate of Four ($4.00) Dolla~s <br />on each one hundred dollars assessed valuation thereof. <br /> <br /> (t} The aggregate number of horses, mules <br />and other kindred animals and the value thereof. <br /> <br />(2) The number of cattle and the value <br /> <br />thereof. <br /> <br />(~} The number of sheep and goats and the <br /> <br />value '~hereof. <br /> <br />The number of hogs and the value thereof. <br /> <br /> (5) The aggregate n=~ber and value of elk <br />autom~bi!es~ motor'trucks~ motorcycles and all other motor ve- <br />hicles, except any vehicle without motive power used or designed <br />to be used as a mobile hor~e or office~ or for other means of <br />habitation by any person. <br /> <br /> (6) The aggregate value of all ani~l drawn <br />vehicles and bicycles. <br /> <br /> <br />
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