The purpose of this chapter is to implement the provisions of Section 58.1-3220, of the Code of Virginia of 1950, as amended, which authorizes the County to provide partial exemption from real estate taxation for qualifying rehabilitated, renovated or replacement residential structures. Such exemptions will provide an economic incentive to owners to improve their properties. These improvements will help to prevent the deterioration and abandonment of older residential properties, which is detrimental to the health and welfare of the County and its citizens. In addition, such exemptions may encourage the modification of residential structures to meet the needs of the County's disabled or elderly citizens.
(Ord. 01-03. Passed 5-21-01.)