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• RESOLUTION <br />ENDORSING LEGISLATION TO GRANT <br />A TAX EXEMPTION LIMITED TO <br />SPECIFIC PROPERTY OWNED BY THE <br />MONTICELLO AREA COMMUNITY ACTION AGENCY <br />WHEREAS, the Monticello Area Community Action Agency ("MACAA") <br />has asked this Council to endorse an amendment to Title 58.1 of the <br />Code of Virginia granting a limited exemption from certain state <br />and local taxes on certain property currently owned by McIntire <br />Land Trust, but under contract of sale to MACAA, located at 1027 <br />Park Street in the City of Charlottesville, Virginia, being more <br />particularly described in the body of the resolution set forth <br />below; and <br />WHEREAS, MACAA is a nonprofit organization providing services <br />to low income individuals and families in Charlottesville; and <br />WHEREAS, this Council has considered whether the above- <br />described property should be exempt from taxation, at a public <br />hearing, duly advertised as required by §30-19.04 of the Virginia <br />Code, held on April 5, 1993; and <br />WHEREAS, this Council has examined and considered the <br />• provisions of §30-19.04(B) of the Virginia Code and finds that <br />MACAA: <br />1) Is exempt from taxation pursuant to Section 501(c) of the <br />Internal Revenue Code of 1954; <br />2) Holds no current license from the Alcoholic Beverage <br />Control Board; <br />3) Pays no compensation to any officer or director in excess <br />of reasonable allowance for services rendered; <br />4) Does not distribute any part of its net earnings to any <br />individual and that all funds come from contributions, <br />local, state and federal grants; <br />5) Provides services for the common good of the public; <br />6) Does not carry on any substantial political activity; <br />7) Has no rule, regulation, policy or practice <br />discriminating on the basis of religious conviction, <br />race, color, sex, or national origin; and <br />8) Provides services to low income community residents. <br />• NOW, THEREFORE, BE IT RESOLVED by the Council of the City of <br />Charlottesville, Virginia, that the Council hereby endorses, <br />supports and approves the adoption of an amendment to Title 58.1 of <br />