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<br /> 12-63 61 10:49 DON JACOBS T:86B 965 6361 P:61 <br /> ~®n Jac®bS , , <br /> 1 S-~~~~ P®pa~ Strcet ~ ,/96.5- <br /> Pah®a, I'°II 96~~13 ~ol~~n~~ <br /> E~Cemb~$ 3, 2Q01 <br /> , . <br /> 2 Pages <br /> T~o: Chalrrraan Aaron Chung and nnembers of the l-laonraii County C®uncil <br /> I°in~ra~e ~omi7litt~~. <br /> Re: dill 121, 13raft 3 <br /> In Seotloe~ 19-53 the ~lawall co~„~ty Code them are nine classi~catior~s: <br /> (A) unproved resid~tial, <br /> (Q) l3nimproved residential, <br /> (C) apartment. <br /> hotel and res®rt, <br /> (E} Commercial, <br /> {F) industrial, <br /> ~Agri~u6tura! or native forests, <br /> (~P) Cor~ervati~on, and <br /> (I) lion~eows~er. <br /> Pet Secglor~ 1 ~-9~ {c) <br /> The shall set the tax rates for of property using <br /> the following method: <br /> (1) hlet taxable lands and net taxable buildings o~ithin each class of <br /> property <br /> to be derived fror» real property. <br /> (2) ~`he percentage of reveroue to be raised from net taxable lands and net <br /> taxable buildings within Bch class ~nultlplied by the total <br /> revenue t® be raised from real property In order to determine the <br /> amotant of revenue to be derived. <br /> Page 1/2 <br /> Corte. No~ <br /> File 1+1®. <br /> f. ~~o _ <br /> <br />