(a) The Commissioner of the Revenue shall determine and assess the roll-back tax in accordance with Section 58.1-3237 of the Code of Virginia, as amended, and the owner of the property at the time the rezoning or change to a nonqualifying use occurs shall pay such amount to the County Treasurer within thirty days of the assessment. If such owner fails to pay the amount due within thirty days of the assessment, the County Treasurer shall impose a penalty and interest on the amount of the roll-back tax, including interest for prior years. Such penalty and interest shall be imposed in accordance with Section 860.02 and 860.03 of these Codified Ordinances.
(Ord. 89-11. Passed 9-19-89; Ord. 01-07. Passed 11-19-01.)
(b) Any person making a material misstatement of fact in any application or revalidation filed pursuant hereto shall be liable for all taxes, in such amounts and at such times as if such property had been assessed on the basis of fair market value as applied to other real estate in the taxing jurisdiction, together with interest and penalties thereon, and he shall be further assessed with an additional penalty of 100 percent of such unpaid taxes.
(Ord. 87-07. Passed 6-15-87; Ord. 04-07. Passed 4-20-04; Ord. 04-10. Passed 6-8-04; Ord. 12-16. Passed 12-5-12; Ord. 23-04. Passed 2-7-23.)