CHAPTER 174

An Act to amend and reenact § 58-795, as amended, of the Code of
Virginia, so as to provide for general reassessment of real estar. 29

Approved March 2, 1962

Be it enacted by the General Assembly of Virginia:

1. That § 58-795, as amended, of the Code of Virginia, be amended and
reenacted as follows:

§ 58-795. In any incorporated town there may be for town taxation
and debt limitation, a general reassessment of the real estate in any such
town in the year designated, and every fourth year thereafter, that the
council of such town shall declare by ordinance or resolution the necessity
therefor. Every such general reassessment of real estate in any such town
shall be made by a board of assessors consisting of three resident free-
holders, who hold no official office or position with the town government,
appointed by the council of such town for each general reassessment and
the compensation of the persons so designated shall be prescribed by the
council and paid out of the town treasury. The assessors so designated
shall assess the property in accordance with the general law and Constitu-
tion of Virginia. If for any cause the board is unable to complete an assess-
ment within the year for which it is appointed, the council shall extend the
time therefor for such duration as may be necessary to complete the assess-
ment. Any vacancy in the membership of the board shall be filled by the
council within thirty days after the occurrence thereof, but such vacancy
shall not invalidate any assessment. The assessments so made shall be open
for public inspection after notice of such inspection shall have been adver-

i in a newspaper of general circulation within the town at least five
days prior to such date or dates of inspection. Within thirty days after the
final date of inspection the assessors shall file the completed reassessments
in the office of the town clerk and at the same time forward to the Depart-
ment of Taxation a copy of the recapitulation sheets of such assessments.
Any person, firm, or corporation claiming to be aggrieved by any assess-
ment may within thirty days after the filing of reassessments in the office
of the town clerk, apply to the town council for a correction of such assess-
ment by filing with the town clerk a written statement setting forth where-
in he claims to be aggrieved. The council of every such town shall, within
thirty days of the filing of such complaint, fix a date for a hearing on such
application and after giving the applicant at least ten days’ notice of the
time fixed, shall hear such evidence as may be introduced by interested
parties and correct the assessment by increasing or reducing the same.
Town taxes for each year on real estate subject to reassessment shall be
extended on the basis of the last general reassessment made prior to such
year subject to such changes as may have been lawfully made. Notwizth-
standing any foregoing provision of this section to the contrary, a town
located in a county having a population of more than thirty-eight thou-
sand but less than forty thousand may have a general reassessment of real
estate in the town in the year designated by the town council and every
year thereafter; the town council may declare the necessity for such gen-
eral reassessment by ordinance or resolution; in all other respects this
section shall be controlling. No county or district levies shall be extended
on any assessments made under the provisions of this section.