Minutes 05/12/1964 - Laserfiche WebLink

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258 TUESDAY MAY 1 2, 1 964 The regular semi-monthly meeting of the Council of the City of Martinsville, Virgin~a, with Mayor J. Frank WilSCJn presiding, 1N"as held in the Council ChaInber, City Hall, TUE:;sday, May 12, 1964, beginning at 7:30 P.M., with all members being present, viz., Mayor J. Frank Wilson; Vice-Mayor Fred T. Renick, M.D.; Harry L. Boaz; Thomas ,J, Burch; and E. E. Stone. After the invocation, Council approved as recorded the minutes of its regular meeting held April 28, 1964. With reference to that portion of these minutes citing the Council's position v!i th respect to the two annexation petitions of record before the court, filed by the Whittle Family Irrevocable Trust and by Lanier Farm, Inc., City Attorney Cubine informed the Council that he has filed answers (with the court) to the two pending annexation suits, in accordance with Council's instructions. In further considering the business license tax relief petition filed by Prillaman & P'tce, Inc., Council indicated that it wil L discuss this matter informally with the petitioner (and his counsel) at some mutually-agreeable time prior to Council's forthcoming May 26th meeting. Meanwhile, Council clarified the reference in its April 28th minutes to the effective date if any tax relief is granted the petitioner and other contractors, indicating that should any relief be granted it would not be retroactive to gross receipts for the fiscal or calendar year on which busin8ss licens8 taxes are imposed for the licellE;e year beginning May 1, 1964. M:wor Wili30n suggested that a comprehensive study be given thE:' Cit;T'S tax structure in order that Council might have a more sound basis upon which to make tax-levying decisions, especially with regard to equitable taxation.