§ 15.06. Exemption from Washington County taxes.

All property owned directly or indirectly by the City of Bristol located in Washington County, Virginia, or in any other county in the Commonwealth of Virginia, used wholly and exclusively for city purposes, or being held pending determination of a use to be made of the property, shall be exempt from taxation in and by such county or counties or by any district therein. Any property acquired for and in connection with the developmental water supply for the city and which is used or shall be used for the purpose of a home of any one employed by the city to protect and care for such water supply and any property acquired and retained for the protection of such water supply, shall be deemed to be used wholly and exclusively for city purposes.