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AN ORDINANCE IMPOSING A~\D COLLgL~iNG TAX~S ON REAL ESTATE, TANGIBLE <br />PERSONAL PROPERS~, AND ~4ACHIkm~Y ~ND TOOLS WIS~HIN THE LIMITS OF THE <br />CITY OF PORT~.~Ob~EH, %riRGIRrIA, FOR THE PURPOSE OF RAISING REVENUE FOR <br />THE SUPPORT OF THE GO~.~T AMD ~E PUBLIC ~ SCHOOLS AND TO PAY <br />INTEREST ;aND SIAqChNG FUND ON THE PUBLIC DEBT FOR Thee FISCAL Y~R <br />B~INNING JULY !, 1969, AND ENDING JUNE 30~ 1970. <br /> <br /> Be it ordained by the Council of the City of Ports~Duth, <br />Virginia: <br /> <br /> ~. For the fiscal yeal~ begirmimg July !, 1969, and. <br />ending June 30, 1970, and for each fiscal year thereafter until <br />samaulled by ordinance, the following tax shall be placed on real <br />estate, tangible personal property, and mackinery and tools within <br />the limits of the City of Portsmouth, for the purpose of raising <br />revenue for the support of the goverr~.ent 'and the public free schools <br />and to pay interest and sir~i~ fund on the public 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 hun- <br />dred dollars assessed valuation thereof. <br /> <br />3. Classification of Tm~gible Persor~l Property: <br /> <br /> (a) The followir~ shall be classified as Tsangible <br />Personal Propertyand taxes at the rate of Four ($4.00) Dollars <br />on each one hundred dollars assessed valuation thereof.' <br /> <br /> (1) The aggregate number of horses, mules and <br />other kindred spirants and the value thereof. <br /> <br />(2) The number of cattle and the value thereof. <br /> <br />(3) ~ne ~dmber of sheep and goats ~ the value <br /> <br />thereof. <br /> <br />(~) The number of hogs and the value thereof. <br /> <br /> (5) ~ne sggregate number and value of all auto- <br />mobiles~ motor trucks~ motorcycles ~nd all other motor vehicles, <br />except any vehicle without motive power used or designed to be used <br />as a ~bi!e hem_e or office or for other means of D~bitation by any <br />person. _ <br /> <br /> <br />