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~N ORDINANCE I/~OSINO ~qD COT.T~.CTING TAXES ON REAL ESTATE~ TANGIBLE <br />PERSONAL PROPERTY, AND MACHII~iR_Y ~iD TOOLS WITHIN THE LI~ OF THE <br />CITY OF po~ffS~D~I, VIRGINIA, FOR ~ PURPOSE OF RAISING REVENUE FOR <br />THE SUPPORT OF qTNE GOVE~ME~ A~]3 ~ PUBLIC FPF~ SCHOOLS MID TO PAY <br />IN~T ~D SI]qKING FL~D ON %~r~d P~JLtC DEBT FOR THE YEAR BEG/tiNNING <br />JANUARY 4 1966. <br /> <br /> Be it ordained by the Council of the City of Portsmouth~ <br />Virginia: <br /> <br /> 1. For the year beginning Jsnuary 1, 1966, and for each <br />year thereafter until annulled by ordinance, the following tax shall <br />be placed on real estate, tangible personal proper~y, and machinery <br />and tools within the 13m~its of the City of Portsmouth~ for the pu_~pose <br />of raising revenue for the support of the government and the public <br />free schools and to paY interest and sinking fund on the public debt, <br /> <br /> 2. The tax on real estate for the City of Portsmouth~ <br />Virginia, ~sbs]] be Two ($2.00) Dollars on each one hundred dollars <br />assessed valuation thereof. <br /> <br />3. Classification of Tang~ible Personal Property: <br /> <br /> (a) The following shall be classified as Tangible Personal. <br />Property and taxed at the rate of Three Dollars ($3.00) on each one <br />hundred do%lars assessed valuation thereof: <br /> <br /> (1) q~ne aggregate number of horses, mules and other <br />kindred animals and the value thereof. <br /> <br />(2) The number of cattle and the value thereof. <br /> <br />thereof. <br /> <br />(3) The number of sheep and goats and the value <br /> <br />(4) The number of hogs and the value thereof. <br /> <br /> (5) The aggregate number and value of all autom~oiles~ <br />motor trucks~ motorcycles and all other motor vebicles~ except any <br />vehicle wi~thout motive power used or desired to be used as a m~Dile <br />home or office or for other means of habitation by any person~ <br /> <br />(6) The aggregate value of all animal drawn vehicles <br /> <br />and bicycles. <br /> <br /> (7) The aggregate value of all farming i~oiements and <br />tools of mechar~cs. <br /> <br /> <br />