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AN ORDINANCE TO AMEND AND RE -ENACT ORDINANCE NO. 201E -31 TO <br />IMPOSE AND LEVY TAXES FOR THE FISCAL YEAR BEGINNING JULY 1, <br />2017 AND ENDING JUNE 30, 2018, ON REAL ESTATE, TANGIBLE PERSONAL <br />PROPER'T'Y, PRIVATELY - OWNED PLEASURE BOATS, PRIVATELY -OWNED <br />CAMPING TRAILERS AND MOTOR HOi1IES, AND MACHINERY AND <br />TOOLS WITHIN THE CITY OF PORTSMOUTH, VIRGINIA, FOR THE <br />PURPOSE OF RAISING REVENUE FOR TIIE SUPPORT OF <br />GOVERNMENTAL OPERATIONS AND THE PUBLIC FREE SCHOOLS AND <br />TO PAY PRINCIPAI, AND INTEREST ON THE PUBLIC DEBT. <br />BE IT ORDAINED by tine Council ol'tlnc City of PortsnuOuth, Virginia: <br />1. That Ordinance No. 2016 -31 is re- enacted imposing and levying taxes for <br />the fiscal year beginning July 1, 2017 and ending June 30, 2018, on real estate, tangible <br />personal property, privately -owned pleasure boats, privately- owned camping trailers and <br />motor homes, and machinery and tools within the City of Portsmouth, Virginia, for the <br />purpose of raising revenue for the support of govcrnmental operations and the public free <br />schools and to pay principal and interest on the public debt. <br />That this ordinance shall take effect on July 1, 2017. <br />ADOPTED by the Council of the City ol_ Portsnnotath, Virginia, at a meeting held <br />on May 9, 2017. <br />Teste: <br />City Clerk <br />