Title
Ordinance to Authorize the Treasurer of the City of Hampton, Virginia, to Remove Amounts Shown as Unpaid PILOT Fees and Accrued Interest from the City’s Tax Records for Fiscal Years 2014, 2015, 2016 and Every Fiscal Year Thereafter Pursuant to the 2016 Appropriation Act
Purpose
PURPOSE/BACKGROUND:
The Commonwealth of Virginia (the “Commonwealth”) owns certain parcels of real property in the City of Hampton (the “City”), known as Fort Monroe, and being that same property conveyed to the Commonwealth by quitclaim deed from the United States of America, acting through the Director of Real Estate, United States Army Corps of Engineers, recorded June 14, 2013, in the Clerk’s Office of the Circuit Court of the City of Hampton, Virginia as Instrument Number 130009559 at Page 264.
Pursuant to the Fort Monroe Authority Act (Code of Virginia §2.2-2336 et. seq.), the General Assembly of the Commonwealth (the “General Assembly”) created the Fort Monroe Authority (the “Authority”) and recognized the need for municipal services for Fort Monroe's visitors, residents, and businesses.
Pursuant to Code of Virginia §2.2-2342(B), the Authority shall annually pay to the City a fee in lieu of taxes, based on a statutorily prescribed formula set forth with the intent to pay the City an amount comparable to the amount that would have otherwise been paid to the City if certain properties at Fort Monroe had been privately held (the “Pilot Fee”).
The City imposed Pilot Fees on the Authority for fiscal periods from July 1, 2013 to June 30, 2014 (“FY 14”), July 1, 2014 to June 30, 2015 (“FY 15”), and July 1, 2015 - June 30, 2016 (“FY 16”).
Pursuant to Code of Virginia §2.2-2342(C), the Authority shall have the right to contest the assessments made on property at Fort Monroe owned by the Commonwealth or itself or any property for which the Commonwealth or the Authority shall be responsible for PILOT fees using the procedures utilized by other citizens of the City, including ...
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