1983-05-16 - Laserfiche WebLink

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RESOLUTION: AUTHORIZING INDUSTRIAL REVENUE BONDS FOR MARTHA JEFFERSON HOSPITAL RESOLUTION: ENDORSING CDBG PLAN Authorizes the Charlottesville-Albemarle Clean Community Commission (CAC3) to plan and budget for a cooperative litter control program; and Authorizes CAC3,.~to apply on behalf of all of the City and County for a grant, and to be responsible for the administration, implementation, and completion of the program; and Accepts responsibility jointly with CAC3 and the County for all phases of the program; and Accepts liabi~lity for its prorata share of any funds not properly used 6r a-counted for pursuant to the regulations or the application, and agrees that said ~funds, when received, will be transferred immediately to CAC3 for use in the cooperative program; and Requests the Department of Conservation and Economic Development, Division of Litter Control, to consider and approve proposed program and grant application. Mr. Hendrix reported to.Council that Martha Jefferson'Hospital had applied to the Industrial Development Authority for $3.5 million in Industrial Revenue BOnds for new equipment and construction, and that by ordinance the Council must approve this action. He noted that Mr. Stroud and Mr. Bracey were present to answer any questions Council may have. Mr~ Buck stressed that the City assumed no liability by such approval. Mr. Conover moved, Dr. Hall seconded, and the resolution was unanimously~passed: WHEREAS, the Council of the City of Charlottesville, Virginia (the ~'Council"), has created the Industrial Development Authority of the City of Charlottesville~ Virginia (the "Authority"), pursuant to the Virginia Industrial Development and Revenue Bond Act to fulfill the purposes of such Act; and WHEREAS, the Ordinance adopted by the Council on July 19, 1976, as amended on February 3, 1980, which created the Authority (the "Ordinance"), provides that the Authority shall not finance any facility until the location and financing of such facility have been approved by the Council; and WHEREAS, Section~ 5 of the Ordinance sets forth certain standards to be considered by the Authority and the Council in determining the nature and location of facilities to be financed by the Authority; and WHEREAS, the Authority on May 10, 198, adopted an inducement resolution agreeing to assist Martha Jefferson Hospital (the "Hospital") in the financing of the acquisition of equipment for and certain reno- vations to the Hospital's building located in the City of Charlottesville, Virginia (the "Project"), by the issuance of the Authority industrial development revenue bonds ~n an amount estimated not to exceed $3,500,000; and WHEREAS, preliminary plans for the Project and the financing have been described to the Council in a presentation by representatives of the Hospital; and WHEREAS, the Project is located at 459 Locust Avenue in the City of Charlottesville,. Virginia. NOW, ~HEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE, VIRGINIA: 1. It is hereby found and determined that the Project will be in the public interest and will promote the safety, health, welfare, convenience or prosperity of the City of Charlottesville, Virginia, and its citizens. 2. The Council hereby approves the location and financing of the Project. 3. It is hereby found and determined that the Project meets the criteria set forth in Section S of the Ordinance. 4. This Resolution shall take effect immediately. Mr. Hendrix reported that at a joint meeting with the Planning Commission on May 10th, a public hearing had been held concerning the p~oposals for use of the Charlottesville Development Block Grant. Mrs. Ethel Henderson of the Fifeville Task Force addressed Council,