GOVERNOR'S RECOMMENDATION

1. Page 2, enrolled, line 26, after § 58.1-3230.

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The term of the written agreement shall be for a period not exceeding twenty years, and the instrument shall be recorded in the office of the clerk of the circuit court for the locality in which the subject property is located.

2. Page 2, enrolled, line 45, after tax

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for each of the five most recent complete years

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from the effective date of the written agreement

3. Page 2, enrolled, line 53, after market value

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and based on the highest tax rate applicable to the real estate for that year