58.1-3232 - Authority of city to provide for assessment and taxation of real estate in newly annexed area.

§ 58.1-3232. Authority of city to provide for assessment and taxation of realestate in newly annexed area.

The council of any city may adopt an ordinance to provide for the assessmentand taxation of only the real estate in an area newly annexed to such city inaccord with the provisions of this article. All of the provisions of thisarticle shall be applicable to such ordinance, except that if the county fromwhich such area was annexed has in operation an ordinance hereunder, theordinance of such city may be adopted at any time prior to April 1 of theyear for which such ordinance will be effective, and applications fromlandowners may be received at any time within thirty days of the adoption ofthe ordinance in such year. If such ordinance is adopted after the datespecified in § 58.1-3231, the ranges of suggested values made by the StateLand Evaluation Advisory Council for the county from which such area wasannexed are to be considered the value recommendations for such city. Anordinance adopted under the authority of this section shall be effective onlyfor the tax year immediately following annexation.

(Code 1950, § 58-769.6:1; 1976, c. 58; 1984, c. 675.)