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2009-09 ORDINANCE NO. 2009-09 AN ORDINANCE AJVlENDING AND READOPTING CHAPTER 90, ARTICLE II, DIVISION 1, SECTION 90-33 OF THE CODE OF THE CITY OF FAIRFAX, VIRGINIA, PERTAINING TO CLASSIFICATION AND TAXATION OF CERTAIN REAL PROPERTY IN THE CITY OF F AIRFAX USED FOR OR ZONED FOR COJVlJVlERCIAL AND INDUSTRIAL PURPOSES, AND TO ESTABLISH A 'I AX RATE ON SUCH REAL PROPERTY FOR THE 2009 TAX YEAR, REVENUES FROJVl VVRICH VVOULD BE USED EXCLUSIVELY FOR TRANSPORTATION PURPOSES THAT BENEFIT TFl:E CITY OF F AIRF AX BE IT ORDAINED, by the City Council of the City at' Fairfax, Virginia, that Chapter 90, Article II" Division 1,. Section 90-33 of the Code or the City of Fairfax". Virginia,. is hereby amended and readopted in its entirety as folloV'V"s: Sec. 90-33. Classifica."tion.. and t-axa-tion of certain commercial and industrial real property in .-he Ci"ty of Fairfax:Cor t:ransporta"tion purposes. (a) Beginning JaITL1-ary 1,. 2008". and ror each tax year thereafter". and solely ror the purposes or imposing the tax authorized pursuant to Section 58.1-3221.3 or the Code of Virginia". all taxable real property in the city used ror or zoned to permit commercial or industrial uses is hereby declared to be a separate class or real property ror local taxation. (b) Such classification of real property shall exclude all residential uses and all multifamily residential uses", including but not limited to single family residential units.. cooperatives", condominiums", tovv-nhouses", apartments", or homes in a subdivision VV"hen leased on a unit by unit basis even though these units may be part of a larger building or parcel of real estate containing more than four (4) residential units. (c) In addition to all other taxes and fees permitted by lav..r.. the real property herein specially classified under Subsection 90-33(a) may be subject to an amount of real property tax.. in addition to such amormt(s) othervv-ise authorized by lavv-", at a rate imposed annually by the city council by ordinance; such rate not to exceed $0.25 per $100 of assessed value. (d) Upon appropriation by the city council", all revenues generated from the additional real property tax imposed in accordance v..rith Subsection 90-33(c) shall be used exclusively for transportation purposes that benef"1t the city. (e) The additional real property tax imposed under this Section shall be levied.. administered", enforced", and collected in the same manner as set forth in Subtitle III of Title 58.1 of the Code of Virginia", for the levy", administration", enforcement", nnd collection of local taxes. In addition.. the city assessor shall separately assess and set forth upon city"s land book the fair market value of that portion of property that is defined as a separate class of real property for local taxation in accordnnce vv-ith the provisions of this Section. (f) That all commercial and industrial property classified for taxation pursuant to this Section 90-33 shall be taxed at a rate of$0.08 per $100 of assessed valuation or real estate and improvements thereon", said levy to be imposed for the calendar year beginning on January 1.. 2009", and due and payable in the same manner as other real property taxes and levies of the city. This ordinance shall be effective as of January 1.. 2009.. as provided by lavv-. INTRODUCED: April 14, 1009 PUBLIC HEARING: April 28, 2009 ENACTED: April 28, 2009 ATTEST: YJf/t~~ Vote Councilwoman Cross Nay Councilman Drummond Aye Councilman Greenfield Aye Councilman Meyer Aye Councilman Rasmussen Aye Councilman Stombres Nay 8b~~~ 01s~d1 fDafu