Legislation # 05-0676 Enactment Number none
Type Ordinance - Non-Coded Effective Date none
Introduction Date 11/9/2005
Title AN ORDINANCE TO IMPOSE A TAX ON COMMERCIAL PROPERTIES WITHIN THE DOWNTOWN HAMPTON BUSINESS IMPROVEMENT DISTRICT
 
Legislation History 05-0676
DateNotice Of ActionDescription
12/14/2005 Adopted items 1 through 24 on consent agenda.
11/9/2005 Adopted on First Reading
10/30/2005 Received By Clerk's Office
 
View Attachments 05-0676
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Legislation Text 05-0676

 

City of Hampton, Virginia

Ordinance - Coded

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 05-0676

 

Enactment Number: -

 

AN ORDINANCE TO IMPOSE A TAX ON COMMERCIAL PROPERTIES WITHIN THE DOWNTOWN HAMPTON BUSINESS IMPROVEMENT DISTRICT

 

 

 

WHEREAS, the City Council for the City of Hampton, Virginia has approved the formation of the Downtown Hampton Business Improvement District pursuant to Sections 15.2-2400, 15.2-2402 and 15.2-2403 of the Code of Virginia; and

WHEREAS, a special tax on the commercial properties within said Downtown Hampton Business Improvement District is necessary and appropriate to provide some of the financing of said District.

NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL FOR THE CITY OF HAMPTON, VIRGINIA, that there is hereby imposed a special Business Improvement District tax in the sum of $.20 (TWENTY CENTS) per $100.00 (ONE HUNDRED DOLLARS) of assessed value on commercial properties, subject to real estate taxation, within the boundaries of the said Downtown Hampton Business Improvement District, which tax shall be in addition to all other taxes and fees as may be imposed by law. The Business Improvement District tax shall be due and payable on or before June 5 and December 5 of every year for which it is assessed. There shall be interest on such taxes in accordance with Section 37-29 of the Code of the City of Hampton, Virginia.

This ordinance shall take effect on and after July 1, 2006, and shall expire on June 30, 2011.

Adopted by the City Council of the City of Hampton, Virginia, at a regular meeting held on the __________ day of ______________________________, 2005.

 

 

 

Signed by ____________________________ Date _________________

Ross A. Kearney, II, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council