Legislation # 07-0172 Enactment Number none
Type Ordinance - Coded Effective Date none
Introduction Date 3/28/2007
Title AN ORDINANCE TO AMEND AND RE-ENACT CHAPTER 37 OF THE CODE OF THE CITY OF HAMPTON, VIRGINIA, ENTITLED, “TAXATION”, ARTICLE II, “REAL ESTATE TAXES”, DIVISION VI, “EXEMPTION FOR REHABILITATED COMMERCIAL OR INDUSTRIAL REAL ESTATE” BY AMENDING SECTION 37-98 ENTITLED “APPLICATION”.
 
Legislation History 07-0172
DateNotice Of ActionDescription
3/30/2007 Moved to approve consent agenda items 2 through 6 on first and final reading.
3/30/2007 Moved to waive second reading on consent agenda items 2 through 6.
3/16/2007 Received By Clerk's Office
 
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Legislation Text 07-0172

 

City of Hampton, Virginia

Ordinance - Coded

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 07-0172

 

Enactment Number: -

 

AN ORDINANCE TO AMEND AND RE-ENACT CHAPTER 37 OF THE CODE OF THE CITY OF HAMPTON, VIRGINIA, ENTITLED, TAXATION, ARTICLE II, REAL ESTATE TAXES, DIVISION VI, EXEMPTION FOR REHABILITATED COMMERCIAL OR INDUSTRIAL REAL ESTATE BY AMENDING SECTION 37-98 ENTITLED APPLICATION.

 

 

Sec. 37-98. Application.

 

(a) A person claiming an exemption pursuant to the provisions of this division shall file an application with the city assessor on such form as the assessor shall prescribe. Such application must be filed within five (5) working days after the building permits referred to in section 37-97 have been issued and prior to any renovations being started; however, for good cause shown, the assessor may extend the filing date and fee for a maximum of twenty-four (24) months.

 

(b) The owner under oath shall sign the application for tax abatement.

 

(c) Only one (1) application per commercial or industrial structure for inclusion in this program shall be approved.

 

(d) All renovations must be completed within twenty four (24) months from being approved in order to qualify for the exemption.

 

(e)               There shall be a non-refundable fee of one hundred dollars ($100.00) for processing each application under this section.

 

This Ordinance shall be effective with all applications filed with the City Assessor on and after July 1, 2006.

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on February 28, 2007.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council