AN ORDINANCE EXEMPTING THE REAL AND PERSONAL PROPERTY OWNED BY FAUQUIER HERITAGE & PRESERVATION FOUNDATION, INC. FROM TAXATION
WHEREAS, Fauquier County Code Section 8-53 authorizes the Board of Supervisors to designate property as exempt from taxation where such property is held by organizations that use the property exclusively for religious, charitable, patriotic, historical, benevolent, cultural or public park and playground purposes; and
WHEREAS, Virginia Code §58.1-3651 sets forth the process and procedure by which a locality may designate property as tax exempt; and
WHEREAS, Virginia Code §58.1-3651.B requires that, prior to the adoption of any Ordinance exempting property from local taxation, the Board of Supervisors shall hold a public hearing on the proposed application; and
WHEREAS, after due notice and public hearing, the Board of Supervisors has considered the questions set forth in Virginia Code §58.1-3651.B, and upon consideration of those questions, has determined that the application for the proposed exemption from taxation should be granted; now, therefore, be it
ORDAINED by the Fauquier County Board of Supervisors this 10th day of November 2004, That the real and personal property owned by Fauquier Heritage & Preservation Foundation, Inc., be, and is hereby, designated as exempt from taxation for real and personal property taxes of the County based upon Fauquier Heritage & Preservation Foundation, Inc.'s exclusive use of said property for historical purposes; and, be it
ORDAINED FURTHER, That the continuance of this exemption shall be conditioned upon the continuous use of this property in accordance with the purpose for which this organization has been designated; and, be it
ORDAINED FINALLY, That this exemption shall be effective on January 1, 2005.