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18 <br /> Mr. Lynch said he would like to limit the gross combined income to $37,500 and <br />to allow a combined worth of $150,000. He said this could be done so as to be revenue <br />neutral. He said he cannot justify giving tax relief to someone who makes $50,000. <br /> <br /> Mr. Cox asked for a more detailed assessment of where people fall in that income <br />range. <br /> <br /> Mr. O'Connell said it is his understanding that this change could affect <br />approxi mately 85 people. <br /> <br /> Mr. Cox said he could not support this amendment. <br /> <br /> Mr. Lynch suggested that the matter be deferred until we get more information. <br /> <br /> Ms. Richards made a motion to approve the ordinance as presented, and Mr. Cox <br />seconded the motion. <br /> <br /> Th e ordinance entitled "AN ORDINANCE AMENDING AND REORDAINING <br />SECTIONS 30 - 98 AND 30 - 101 OF ARTICLE IV, CHAPTER 30 OF THE <br />CHARLOTTESVILLE CITY CODE, 1990, AS AMENDED, RELATING TO REAL <br />ESTATE TAX RELIEF FOR THE ELDERLY AND DISABLED PERSONS" was <br />offered and car ried over to the next meeting for consideration. <br /> <br />PUBLIC <br /> <br /> There were no matters by the public. <br /> <br />OTHER BUSINESS <br /> <br /> Mr. O'Connell noted that the final reading of the budget is scheduled for Tuesday, <br />th <br />April 13 at 6:30 p.m. <br /> <br /> The meeting was adjourned. <br /> <br />___ ____________________________ _____________________________ <br />President Clerk <br /> <br /> <br /> <br />