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~P~S~L PROPERTY ~ M~CMIi~ItV ?JIq~i~ ~E LI~'.ITS OF ~iE CI~ O~ ~[%TS~f, VIS'INLY, FOR ~E ~POSE O~ PA!SIN~ ~ FOR ~!E S~PO~ OF T~ GOVE~Ih~ Ai~ ~{E ~LIC FP~E SCH~LS AND TO PAY INTEREST ~ND SINKING F~D ON ~z!E P~LIC DEBT FOR TiqE ~R BEG Re it ordained by the Council of the City of Portsmouth, Virginia, that for the year beginning January 1, 1989, and for each y~ar thereafter %u-~til annulled by ordinance, the following tax shall be placc~ on real estate~ tangible personal pro- perty and z~¢hinery ~ithin the limits of the City of Portsmouth, for the purpose of raisir~ revenue for the suppor~ of the governJ~ent and the p~Ilc free schools and to pay interest and sinkln~ fnnd on the public debt. ~e tax on real estate for the City of Portsmouth, Virginia,~shall be T~'o Dollars and Fifty C~nts <$2~50) on ~ch ~e Hundred Dollars mssszsed valuation ~qer~= Classification of Tangible Personal Property: ~qe following shall beclassified as Tangible Personal Property and taxed at the ra~e of ~o Ooltars and Seventy-five Cents ~$2.7~ on each one hundred dollars assessed valuation thereof: (1) ~_e aggregate n~ber of horses, m~les and other kindred animals and ~he value thereof. The a~mbsr of cattle and the value thereof. The hum_bet of ~qeep and goa~s and the value thereof. ~ae n~ber of hogs and the value thereof. ~_e aggregaze n~her and value of all automobiles~ me,or trucks, cycles and all other me,or vehicles. The a~gregste val~e of al~ animal draw~ vehicles ~nd Dicycle~. aggregate value of all fa~ir~ implements and tools of mechanics° The a~gregate value of all letted timber, ties, poles, cord wood, bark and other timber products and all agricultural products, in the hands or possession, legal or constructive, of a purchaser, provided that grain, tobacco and other agricultural products in the han~s of a producer of the same are hereby declared exemp~ from taxation as property under this ordinance. ~e aggregate value of all household and kitchen furniture, including