Minutes 11/08/1988 - Laserfiche WebLink

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TUESDAY, NOVEMBER 8, 1988 tO be conducted by Council at its forthcoming rescheduled November 29th meeting on a petition filed by the Martinsville Bulletin seeking the closing and abandonment of certain excess-and-unused right-of-way (consisting of approximat. ely 2,450 square feet) situated along the south side of Market Street (in front of Lots Nos. 8,9, and 11, as currently shown on Section-Page 32 of the City's Tax Map), between Broad and College Streets. Council also called for a duly-advertised public hearing to be conducted by Council at said rescheduled November 29th meeting on a recommendation from the Planning Commission that the City's Land-Use Plan (and Map) be amended to reflect Council's actions taken October 11, 1988, whereby "old" Liberty Street ~Extension and a portion of North Townes Street were vacated and "new" Liberty Street Extension (recently constructed as an industrial access road toserve Tultex Corporation's Franklin Street plant) and certain Townes Street right-of-ways were taken into the City's street system. Upon being informed by Central Telephone Company of Virginia ("CENTEL") that a proposed amendment (in the form of proposed Ordinance No. 88-10, now on second reading) to Section 2 of Article II of the City's Business-Professional- Occupational License Tax Ordinance, if enacted, will have no impact on CENTEL or upon the City's revenues from this source, Council unanimously adopted said proposed amendment, as follows: WHEREAS, Section 58-1.3731 of the 1950 Code of Virginia, as amended, provides that every county, city or town is authorized to impose a license tax, in addition to any tax levied under Chapter 26 of this title, on telephone and telegraph companies, water companies, and heat, light and power companies at a rate not to exceed one-half of one percent of the gross receipts of such company accruing from sales to the ultimate consumer in such county, city or town; and