Minutes 03/24/1987 - Laserfiche WebLink

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t~i 9. TUESDAY, MARCH 24, 1987 "...-..... under the category of Collector/Local Streets, estimated to increase said maintenance payments by a net of $12,798.00 annually to a new annual total of $1,251,996.00: WHEREAS, the City of Martinsville is entitled to receive assistance pay- ments for the maintenance of eligible streets under the State Functional Classification System as set forth in Section 33.1-41.1 of the State Code, and -, WHEREAS, in accordance with Virginia Department of Transportation procedures for adding or deleting urban streets eligible for maintenance payments under the State Function Classification System as set forth in Section 33.1-41.1 of the Code, it is necessary that a request by Council resolution be made in order for the Department to consider said additions or deletions; now, therefore, BE IT RESOLVED, by the Council of the City of Martinsville, Virginia, in regular session assembled on March 24, 1987, that it hereby requests the Virginia Department of Transportation to add as eligible mileage for Arte- rial street maintenance payments 1.67 lane miles due to the construction of Market Street and subsequent deletion of sections of Brown, Broad, and Bridge Streets, and to delete as eligible mileage for Collector/Local street maintenance payments 0.25 lane miles due to the deletion of sections of College, Moss, Barton, and Gravely Streets as shown on attached Form U-1, all streets being located in and maintained by the City of Martinsville. Mr. J. Ronnie Minter, Commissioner of the Revenue for the City of Martinsville, appeared before Council and presented an overview of real estate tax relief for elderly and/or totally-and-permanently disabled property owners within the City under the City's tax relief program, which currently provides for such tax relief where this type of property owner has a gross combined income of not more than $9,000.00 and a total combined financial worth of not more than $35,000.00. This overview indicated that for 1987 there were 149 applicants, of whom 124 qualified (twelve being disabled and 112 being elderly), with a total tax relief of $10,192.14, which number and amount appeared to be an average of applicant numbers and tax relief for the years 1982 through 1986. In receiving this report, Council asked that the Commissioner of the Revenue bring to Council's attention (well in advance of next year, i.e., 1988) the question as to whether the current income- financial worth limitations should be revised.