Loading...
HomeMy Public PortalAbout1991_07_23_R158The Town of Leesburg, }/irginia RESOLUTION NO. A RESOLUTION: PRESENTED July 23, 1991 91-158 ADOPTED July 23, 1991 SETTING A PUBLIC HEARING FOR ANALTERNATIVEPERSONAL PROPERTY TAXRATEFOR ELDERLY ANDHANDICAPPEDINDIVIDUALS WHE~, during Council deliberations on the fiscal year 1992 budget discussion was made of the need for a personal property tax relief program for individ,,-l~ that q,,ali~y under the town's real estate tax relief program; and WHEREAS, the 1991 General Assembly has added to Chapter 35 of Title 58.1 on Article 1.1 of the Code of Virginia providing localities with the option of levying alternative tax rates for elderly and handicapped individ,,ul~; and WHEREAS, this Council desires to offer such an alternative personal property tax rate to q, mli~ed residents of the Town of Leesburg; and WHE~, the proposed alternative personal property tax rate would be .001 per $100 of assessed value; and WI-IEREAS, before such a rate could be levied, a public hearing must frst be held and an ordinance duly adopted: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that a public hearing will be held on September 10, 1991, at 7:30 P.M. in the Town Council chambers located at 25 W. Market St., Leesburg, VA., for the purpose of considering an alternative personal property tax rate for elderly and handicapped residents of the Town of Leesburg. PASSED this 23rd day of July 3991. Robert E Sevi]a, y Town of Leesburg ATTEST: Clerk of Council R:Elderly-Handic