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<br />i ') <br />1- ',,,, <br /> <br />TUESDAY, OCTOBER 27, 1987 <br /> <br />Planning Commission will recommend that Council approve P-2 zoning of said <br /> <br />properties. Meanwhile, Miss English explained that the setting of Council's <br /> <br />public hearing for its November 10th meeting would be an accommodation to her <br /> <br />in that she would not be required to travel as far (to attend the hearing) as <br /> <br />she would at a later date. Upon motion, duly seconded and unanimously carried, <br /> <br />Council directed that a duly-advertised public hearing be conducted on the <br /> <br />amended petition at Council's forthcoming November 10th regular meeting. <br /> <br />Upon motion, duly seconded and unanimously carried, Council adopted the <br /> <br />following ordinance (identified as Ordinance 87-8), as introduced at Council's <br /> <br />October 13th meeting and as slightly amended (to provide for pro rata exemptions <br /> <br />where property ownerships change), whereby real estate owners who are elderly <br /> <br />and/or totally-and-permanently disabled may be provided some real estate tax <br /> <br />relief under the conditions and within the constraints set forth in said <br /> <br />ordinance: <br /> <br />WHEREAS, Section 58.1-3210 of the 1950 Code of Virginia, as amended, <br />provides that the governing body of any city may, by ordinance, provide <br />for the exemption from taxation of real estate, or any portion thereof, <br />upon such conditions and in such amounts as the ordinance may <br />prescribe, owned by, and occupied as the sole dwelling of a person or <br />persons not less than 65 years of age, and also provides the same <br />exemption or deferral for such property of a person who is determined <br />to be permanently and totally disabled, subject to certain restrictions <br />and conditions pertaining to the combined total income and the net <br />combined financial worth of said persons, their spouse, and any <br />relatives living with them; and <br /> <br />WHEREAS, in the opinion of the Council of the City of Martinsville, <br />Virginia, such persons are bearing an extra-ordinanry real estate tax <br />burden in relation to their income and financial worth and are in need <br />of tax relief as authorized in the aforesaid Code section; now, <br />therefore, <br /> <br />BE IT ORDAINED by the Council of the City of Martinsville, Virginia) in <br />regular session held on October 27, 1987, that the following real <br />estate tax exemption shall be granted said persons on the following <br />terms and conditions subject to the following restrictions: <br />