Legislation # 09-0225 Enactment Number none
Type Ordinance - Coded Effective Date none
Introduction Date 6/10/2009
Title Ordinance To Amend The Code Of The City Of Hampton, Virginia, By Adding A New Subdivision to Chapter 37, Article III, Division 2: [Subdivision] C, Section 37-164 Relating To Separate Classification Of Machinery And Tools.
 
Legislation History 09-0225
DateNotice Of ActionDescription
6/10/2009 Deferred (11/18/2009)
6/10/2009 Held Public Hearing - There were no speakers on this item.
5/27/2009 Received By Clerk's Office
 
View Attachments 09-0225
FileTypeSizeDescription
37-164 Classification Ordinance - Redline.DOC Other 30K Redline of Ordinance
 
Legislation Text 09-0225

 

City of Hampton, Virginia

Ordinance - Coded

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 09-0225

 

Enactment Number: -

 

Ordinance To Amend The Code Of The City Of Hampton, Virginia, By Adding A New Subdivision to Chapter 37, Article III, Division 2: [Subdivision] C, Section 37-164 Relating To Separate Classification Of Machinery And Tools.

 

BE IT ORDAINED by the Council of the City of Hampton, Virginia, that the Code of the City of Hampton, Virginia, be amended to read as follows:

 

[Subdivision] C. Separate Classification of Machinery and Tools Used Directly in the Manufacture of Precision Investment Castings*

Sec. 37-164. Authorized.

There is hereby established a separate classification for machinery and tools used directly in the manufacture of precision investment castings. In any year, the council may levy a tax on the property enumerated in this division at different rates from the tax levied on other tangible personal property. The rate of tax and the rates of assessment shall not exceed that applicable to the general class of tangible personal property.

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*State Law Reference: Authority for above section, Code of Virginia 58.1-3508.3.

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This ordinance shall be effective on and after July 1, 2009.

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on August 12, 2009.

 

 

 

Signed by ____________________________ Date _________________

Molly Joseph Ward, Mayor

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council