Minutes 01/24/1956 - Laserfiche WebLink

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4 TUESDAY JANU.ARY 24t 1956 ~- for a new property tax rate limit of $2.50: WHEREAS there are two bond ordinances pending which will in the near future bring before the voters of the City of Martinsville proposed bond issues in the sum of $l,45C,OOO for proposed public school buildings; and for a proposed building for Police E;l1d Fire Stations and Court facilitj.es in the sum of *?275,000; and, ,.,..-- WllffiEAS the present City Charter contains a t~{ rate limit on real and personal property of $2.25 per one hundred dollars of assessed valuation, which at the present t:Llle is applied on the basis of $2.00 rate on real estate and ;,?2.25 rate on personal property; and, WBEREAS the proposed bond issues, if passed, may make it necessary to :increase the tax rate on real and personal property in excess of the limits nO\.[ contained in the City Charter; now, therefore, m! m BE IT REZOLVED by the CO'Lillcil of the City of l1artinsville, Virginia, in regular meeting assembled this tvlenty-fourth day of January, 1956, that it hereby requests the City's representatives in the Virginia General M:sembly nO\'[ in session to present and sponsor for passage an amendment to the City's Charter increasing the City's maximum tax rate lllnit to 02.50 instead of or from its present rate limit of $2.25 in order that this Council may in- crease said tax rate within said lir:1it if it becomes necessary to do so to provide for the pa:;nnent of principal and interest on said bond s . Council also unanimously adopted the following resolution requesting an amendment to the City's Charter to provide for a Hartinsville Redevelopment and Housing Authori ty whose members or co:rn.'TIissioners may be members of the Council: .....-. BE IT RESOLVED by the Council of the City of Hartinsville, Virginia, in regular meeting assembled this twenty-fourth day of January, 1956, that it doth herein request its representatives in the Virginia General Assembly, now in session, to present and sponsor for passage an amendment to the City's Charter to provide as follows: An Act to haeno Chapter 193, Acts of General Assembly of 1950, Providing a New Charter for the City of Hartinsville, Virginia, as amended, by Adding a New Section to Chapter I of said Charter to be Described as Paragraph TIlirty-Ei@lt (3~) of Section two (2) Thereof: - Be it enacted by the General Assembly of Virginia, as follows: That Chapter I, Section 2 of an act entitled "An Act to Provide a new Charter for the City of Nartinsville Virginiall, approved lvlarch 1.4, nineteen hundred and fifty, be amended by the addition of a new paragraph to Chapter I, Section 2 of said Charter, to be designated as paragraph No. 38 thereof to read as follows: