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MATTER RE-' VALLEY RD. <br />REFERRED TO ST. COMMo <br /> <br />COMMUNICATION RE: <br />CITY BUS SERVICE <br /> <br />MATTER RE: TAXATION <br />OF PERSONAL PROPERTY <br /> <br />JULY 3RD MEETING <br />CHANGED - 2:00 P. <br /> <br />ORDINANCE CARRIED OVER <br />REt S C. 4= ART, !!! <br />APP. ~l - DISTRICT MAP <br /> <br />OF TAXES WHICH WILL BE MADE FOR THE PROJECT AND OF THE AHOUNT OF TAXES WHICH <br />WOULD BE LEVIED IF THE PROPERTY WERE PRIVATELY OWNED. <br /> <br /> WE WISH TO ADVISE YOU THAT OUR ESTIMATE OF THE ANNUAL AMOUNT OF PAYMENT <br />IN LIEU OF TAXES IS ~2,615.76 AND OF THE ANNUAL AHOUNT OF TAXES WHICH WOULD BE <br />LEVIED WERE THE PROPERTY PRIVATELY OWNED IS $913.85. <br /> <br /> S I NCERELY~ <br /> <br /> CHARLOTTESV! LLE REDEVELOPMENT <br /> AND HOUS I NG AUTHOR I TY <br /> <br /> A. E. ARRINGTON (SIGNED) <br /> A. E. ARRINGTON <br /> EXECUTIVE DIRECTOR <br />AEA:MAL <br /> <br /> A PETITION FROM THE RESIDENTS OF VALLEY ROAD EXTENDED REQUESTING THE CITY <br /> TO IMPROVE AND ACCEPT THIS STREET INTO THE CITY STREET SYSTEM WAS REFERRED TO <br /> <br /> THE STREET COMMITTEE FOR RECOMMENDATION. <br /> <br /> THE FOLLOWING COMMUNICATION WAS PRESENTED: <br /> <br /> JUNE 14~ 1961 <br /> <br /> MR. JAMES E. BOWEN <br /> CITY MANAGER <br /> CHARLOTTESV I LLE~ VIRGINIA <br /> <br /> DEAR MR. BOWEN: <br /> <br /> THE CHARLOTTESVILLE AND ALBEMARLE BUS COMPANY REQUESTS PERMISSION <br /> OF THE CHARLOTTESVILLE CITY COUNCIL TO OPERATE THE BUSES IN THE <br /> CITY OF CHARLOTTESVILLE UNDER THE TERMS OF THE RECENTLY EXPIRED <br /> CONTRACT FOR THE PERIOD ENDING JUNE 15~ 1962. <br /> <br /> IF IT IS AGREEABLE WITH THE CiTY COUNCIL, THE COMPANY WILL AGREE <br /> TO OPERATE THE CITY BUSES BEYOND JUNE 15, 1962 PROVIDED THAT <br /> EITHER THE CITY OR THE COMPANY COULD CANCEL THE AGREEMENT, GIVING <br /> SIX MONTHS NOTICED <br /> <br /> VERY TRULY YOURS) <br /> <br /> CHARLOTTESVILLE & ALBEHARLE BUS COMPANY <br /> <br /> CLAUDE A. JESSUP (SIGNED) <br /> CLAUDE A. JESSUP <br /> PRESIDENT <br /> <br /> THE COMMITTEE ON CITY Bus SERVICE RECOMMENDED THAT THE FOREGOING OFFER BE <br /> <br /> ACCPETED AND THAT THE OFFICIALS OF THE BUS COMPANY BE THANKED FOR THEIR <br /> COOPERATION IN PROVIDING THIS SERVICE FOR THE COMMUNITY. ON MOTION BY MR, MOUNTs, <br /> SECONDED BY MR. LEE~ THE FOREGOING RECOMMENDATION WAS UNANIMOUSLY ADOPTED, <br /> <br /> THE FINANCE COMMITTEE REPORTED THAT THEY HAD MADE A STUDY OF THE GENERAL <br /> <br /> PROBLEM OF THE TAXATION OF PERSONAL PROPERTY, AND RECOMMENDED THAT CHARLOTTESVILLE <br /> ADOPT AN ALTERNATE METHOD OF APPRAISAL NOW USED BY SOME CITIES IN THE STATE. UNDER <br /> THE NEW SYSTEM A TAXPAYER MAY APPRAISE HIS PERSONAL PROPERTY BY THE METHOD NOW IN <br /> USE OR THE ALTERNATE METHOD OF TWELVE PERCENT OF THE ASSESSED VALUE OF HIS ~E <br /> AND LAND IN THE CASE OF PROPERTY OWNERS OR FIFTY PERCENT OF HIS ANNUAL RENT IN THE <br /> CASE OF RENTERS. ON MOTION BY MR. MOUNT, SECONDED BY MR. HAGGERTY, THE FOREGOING <br /> RECOMMENDATION WAS UNANIMOUSLY ADOPTED~ AND A COMMITTEE COMPOSED OF THE CiTY ATTORNEY, <br /> THE COMMISSIONER OF REVENUE AND THE CITY TREASI~RER WAS REQUESTED TO PREPARE THE <br /> NECESSARY TAX FORMS. <br /> <br /> ON MOTION BY MR. MOUNT, SECONDED BY MR. LEE~ THE TIME OF THE JULY 3RD MEETING <br /> <br /> WAS CHANGED FROM 7:30 P. H. TO IO:O0'~oM. BY THE FOLLOWING VOTE:~ AYES: MR. LEE~ <br /> <br /> MR. MOUNT.. AND MR. SCRIBNER. NOES: MR. HAGGERTY. <br /> <br /> AN ORDINANCE ENTITLED "AN ORDINANCE AMENDING AND REENACTING THE DISTRICT MAP <br /> <br /> INCORPORATED IN SECTION 4 OF ARTICLE !11 OF APPENDIX !! OF THE CODE OF THE CITY OF <br /> CHARLOTTESVILLE~ 1959~ BY THE REZONING OF A CERTAIN TRACT OF LAND LOCATED ALONG <br /> RIDGE STREET GENERALLY BETWEEN C & O RAILWAY AND OAK STREET" WAS OFFERED BY MR. LEE, <br /> <br /> SECONDED BY MR. MOUNT~ AND CARRIED OVER TO A PUBLIC HEARING TO BE HELD ON JULY t7~ <br /> <br />1961 AT 7:30 P. M. <br /> <br /> <br />