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304 <br /> <br />EXECUTIVE SESSION <br /> <br />JOINT PUBLIC <br />HEARING WITH <br />PLANNING <br />COMMISSION <br /> <br />(the "Council") constitUtes the highest elected governmental <br />unit of the'City; and <br /> <br /> WHEREAS, the Au~thority has recommended that the Council <br />approve the issuance of the Bonds; and <br /> <br /> WHEREAS, a copy of the Authority's resolution approving <br />the issuance of the Bonds, subject to the terms to be agreed <br />upon, a certificate of the public hearing, and a Fiscal Impact <br />Statement have been filed with the Council; <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />CHARLOTTESVILLE, VIRGINIA: <br /> <br /> 1. The Council approves the issuance of the Bonds by <br />the Authority for the benefit of the Corporation, as required <br />by Section 103(k) and Section-15,1~1378.1 of the Virginia Code, <br />to permit the AUthority to assist in the financing of the~:Project. <br /> <br /> 2. The .approval of the issuance of the Bonds does not <br /> constitute an endorsement to a prospective purchaser of the Bonds <br /> of the creditworthiness of the Project or the Corpora~tion. <br /> <br /> 3. This Resolution shall take effect immediately upon its <br /> adoption. <br /> <br /> Mr. Buck stated that while approval of both of these resolutions <br /> authorizing Industrial Development Bonds was in'keeping With what <br /> Council had approved in the past, in the future guidelines'may be <br /> changed and tightened up. <br /> <br /> Mr. Gilliam requested that persons who would be affected be <br /> notified of any changes in the guidelines. <br /> <br /> On motion by Mrs. Gleason, seconded by Mr, ConOver, Council <br /> unanimously voted to go intO Executive Session following the Joint <br /> 'Public Hearing with the Planning Commission to'discuSS matters of <br /> personnel as exempted by Section 2.1-344(a)(1) of the Virginia Freedom <br /> of Information Act. <br /> <br /> The meeting was adjourned. <br /> <br /> Council met for a joint public hearing with the Planning <br /> Commission on the following topics: <br /> <br /> 1) A petition to rezone from R-2 to R-Mobile Home park <br /> <br /> property along the east side of Nassau Street between Franklin'and <br /> <br /> 926 Nassau Street. <br /> <br /> 2) A proposed ordinance to amend and reordain Section 31-179 <br /> <br /> and 31-182 of the City Code, as amended, to permit portable free- <br /> standing signs on the Downtown Pedestrian Mall under certain conditions. <br /> 3) Transportation System Management Projects. <br /> <br /> 4) A proposed ordinance to amend and reordain various sections <br /> in Chapter 16.1 of the City Code, as amended, in order to increase the <br /> scope of the present ordinance and adjust the maximum permitted sound <br /> <br />levels for certain hours. <br /> <br /> The meeting was adjourned. <br /> <br /> President <br /> <br /> NOTICE OF SPECIAL MEETING <br /> <br />A SPECIAL MEETING OF THE COUNCIL WILL BE HELD ON Wednesday, December 14, <br />1983 AT 4:00 p.m. IN THE County Office Building. <br /> <br />THE PROPOSED AGENDA IS AS FOLLOWS: <br /> <br />Joint meeting with Albemarle County Board of Supervisors. <br /> <br />BY ORDER OF THE MAYOR BY Jeanne Cox (signed) <br /> Clerk <br /> <br /> <br />