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2004 SESSION

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HB 559 Charter; Chesterfield County.

Introduced by: Bradley P. Marrs | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Charter; Chesterfield County. Provides that the County shall have the power to create or modify certain assessment districts for local improvements. For any such assessment district created after January 1, 2003, the Board may provide for the payment of an assessment of costs for improvements, or of any installment due pursuant to § 15.2-2413 of the Code of Virginia, to be suspended when any owner who owned property on the day the ordinance creating the assessment district was adopted and who occupies a residential building located on the property is 65 years of age or older.

SUMMARY AS INTRODUCED:

Charter; Chesterfield County. Provides that the County shall have the power to create or modify certain assessment districts for local improvements. For any such assessment district created after January 1, 2003, the Board may provide for the payment of an assessment of costs for improvements, or of any installment due pursuant to § 15.2-2413 of the Code of Virginia, to be suspended when any owner who occupies a residential building located on the property is 65 years of age or older. However, when the property is no longer occupied by a property owner who is 65 years of age or older, the suspension of payments shall cease and the entire assessment, including accrued interest, shall be immediately due and payable.