10/4/1976 - Special
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Office of the County Executive
Conference Room
306-A East Main Street
Salem, Virginia
Special Meeting
October 4, 1976 - 3:00 P.M.
The Board of County Supervisors of Roanoke County met this day in the
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conference room of the Office of the County Executive, 306-A East Main Street,
Salem, Virginia; this being a Special Meeting called by the Clerk at the request
of Board Chairman M. W. Johnson and Supervisor R. Wayne Compton for the purpose
stated in the waiver of notice, signed by all the members of the Board of County
Supervisors and spread as follows:
October 4, 1976
We, the undersigned, being members of the Board of County Supervisors
of Roanoke County, Virginia, do hereby waive any defects in the notice of a
Special Meeting of said Board of County Supervisors to be held in the conference
room of the County Executive's Office at 306-A East Main Street, Salem, Virginia,
on Monday, October 4, 1976, at 3:00 p.m. for the purpose of discussing alternate
methods of financing the cost of bonds issued for the construction of a County
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Governmental Complex and Library and Parks and Recreation facilities.
/s/ May W. Johnson, Chairman
/s/ E. Deal Tompkins, Vice-Chairman
/s/ R. Wayne Compton
/s/ C. Lawrence Dodson
/s/ Robert E. Myers
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Members Present: Chairman May W. Johnson, Vice-Chairman E. Deal
Tompkins, C. Lawrence Dodson, Robert E. Myers and R. Wayne Compton (arrived late).
Chairman Johnson called the meeting to order at 3:20 p.m.
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During discussion of means of financing '76 bond issues, it was pointed
out that any utility tax enacted by the County would not be applicable in the Town
of Vinton since Vinton has its own utility tax. Also, State law presently prohibit~
the imposition of a utility tax.
The real estate tax was favored because it is Federally deductible and
such tax would not effect senior citizens qualifying for tax relief. It was esti-
mated that the maximum increase required to cover the cost of facilities would be
35 cents per $100 of assessed value of real estate.
Supervisor Tompkins stated that he favors a utility tax, on the assump-
tion that it can be applied County-wide (including within the Town of Vinton) by
the time it would be imposed.
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At this point, the Board took a brief recess while the County Attorney
prepared the necessary resolution for the Board's consideration.
The County Attorney returned and the Board reconvened in open session.
IN RE:
RESOLUTION NO. 1634 INDICATING THE BOARD'S POSITION ON THE FINANCING OF
A GOVERNMENTAL COMPLEX AND LIBRARY AND PARK AND RECREATION FACILITIES
WHEREAS, the Board has heretofore authorized that there be placed on the
ballot for November 2, 1976, two questions; one question seeks voter approval for
the issuance of bonds to construct a governmental complex and the second question
seeks voter approval for the issuance of bonds to make certain library, parks and
recreation improvements, which would serve ,the citizens of the County for a period
of 50 to 75 years; and
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WHEREAS, the citizens of Roanoke County are desirous of knowing what
means are available of financing said improvements and what the cost to the
citizens for said improvements would amount to; and
WHEREAS, it is the desire of the Board to state its opinion in regard to
said question in order to inform the people of the facts; and
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WHEREAS, the Board is of opinion that the method hereinafter set out is
the best available method, as the real estate tax is a Federally deducted tax and
that the real estate tax offers tax relief for those persons who fall within certa.
classes, such as the elderly and those with certain specific types of property
qualifying for land use assessment.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Supervisors of
Roanoke County that said Board hereby states its opinion that the real estate tax
is the best available means of financing the cost of facilities to be provided
upon approval of the November bond referendum and that said Board is of further
opinion that the maximum increase required to cover the cost of said facilites
would be 35 cents per $100 of assessed value of real estate; which would result in
a maximum cost of approximately $4.67 per month on a house with a $40,000 appraise
value.
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BE IT FURTHER RESOLVED that said Board hereby recommends and urges that
the above described means of financing said improvements be utilized by future
Boards in retiring said bonds.
BE IT FINALLY RESOLVED that this Board urges future Boards to use all
available means, including tight control on plans and costs of new facilities and
utilizing all potential sources of revenue other than taxes, to keep the local tax
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increase to a minimum.
The foregoing resolution was adopted on motion of Supervisor Dodson and
the following recorded vote:
AYES:
NAYS:
Mr. Compton, Mr. Dodson, Mr. Myers, Mr. Tompkins, Mrs. Johnson
None
This concluded the business before the Board at this time and on the
motion of Supervisor Myers and the unanimous voice vote of the members, the
meeting was adjourned at 5:30 p.m.
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CHAIRMAN