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0 ARTICLE IIA. ASSESSMENT OF PERSONAL PROPERTY, MACHINERY AND TOOLS. Sec. 10-18.1. Classes of tangible personal property subject to taxation: method of valuation. (a) The following categories of tangible personal property shall be subject to the city's annual tax levy and shall be annually assessed by the commissioner of the revenue in the manner set forth herein: (1) Automobiles, which shall be valued by means of a recognized pricing guide or a percentage or percentages of original cost. (2) Trucks of less than two tons, which may be valued by means of a recognized pricing guide or a Percentage or percentages of original coat. (3) Trucks and other vehicles, except those described in subsections (4). and (6) through (10) of this section, which shall be valued by means of either a recognized pricing guide using the lowest value specified in such guide or a percentage or • percentages of original cost. (4) Mobile homes, as defined in section 36-71(4), which may be valued on the basis of square footage of living space or such other lawful basis as the commissioner may deem appropriate. (5) Antique motor vehicles, as defined in section 46.1-1 of the Code of Virginia. (6) Taxicabs. (7) Motor vehicles with specially designed equipment for use by the handicapped, which shall not be valued in relation to their initial cost, but by determining their actual market value if offered for sale on the open market. (8) Motorcycles, campers and other recreational vehicles, which shall be valued by means of a recoanized pricing guide or a percentage or percentages of original cost. (9) Boats weighing under five tons and boat trailers which shall be valued by means of a recognized Pricing guide or a percentage or percentages of original coat. (10) Boats or watercraft weighing five tons or more • which shall be valued by means of a percentage or percentages of original cost.