19830308 r-83-13 LAW OFFICI[~
MAI,,,ONEY AND CH~.~S
~900 uNiva[t,~rrY ORIV~'
FAIRFAX~ VIRGINIA
RESOLUTION NO. R-$3-13
ASSESSMENT OF NEW BUILDINGS SUBSTANTIALLY
COMPLETED AND ABATEMENT OF LEVIES ON BUILDINGS
RAZED, DESTROYED OR DAMAGED
WHEREAS, Sections 58-811.1 and 58-811.2 of the Code of
Virginia allow this Council to direct partial assessment of
certain new buildings if provision is made for abatement of
levies on certain razed, destroyed or damaged buildings; and
WHEREAS, the Council believes that such partial assess-
ments and abatements will result in increased real estate
tax revenue and greater equality in assessment of buildings
within the City;
NOW THEREFORE, BE IT RESOLVED THAT:
1. The City Council of the City of Fairfax, Virginia,
directs that beginning in 1983 all new buildings within the
City substantially completed or fit for use, occupancy and
enjoyment prior to November 1 of the year of completion
shall, when so completed or fit for use, occupancy and
enjoyment, be assessed and taxed as provided for in Section
58-811.1 of the Code of Virginia, or in any subsequent
recodification of or amendments to that section.
2. The City Council of the City of Fairfax, Virginia,
directs that beginning in 1983 levies on buildings within
the City which are razed, destroyed or damaged by a fortuitous
happening beyond the control of the owner shall be abated
and that the tax on such buildings shall be computed as
provided for in Section 58-811.2 of the Code of Virginia, or
in any subsequent recodification of or amendment to that
section.
ADOPTED THIS
ATTEST:
8~th DAY OF ~.~arch
CITY OF FAIRFAX
By:
, 1983.
City Cler~