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398
<br />
<br />Staff report re:
<br />Airport master plan
<br />update
<br />
<br />Staff report re:
<br />Reprogramming of
<br />Starr Hill funds
<br />
<br />Appropriation re:
<br />$12,651 General
<br />Registrar
<br />
<br />Resolution re:
<br />Approving financing
<br />& location of Ferguson
<br />Enterprises, Inc.
<br />facility
<br />
<br /> Mr. Hendrix requested Council's approval of the master plan
<br />update for the airport. On motion by Mr. Albro, seconded bY Ms.
<br />Gleason, Council unanimously approved the update.
<br /> Mr. Hendrix requested Council's approval of the reprogramming
<br />of the Starr Hill funds and amendments to the housing assistance
<br />plan and the loan program as presented at the joint public hearing
<br />of the Council and the Planning Commission on February 10. On
<br />motion by Ms. Gleason, seconded by Dr. Hall, Council unanimously
<br />approved the reprogramming and amendments. An appropriation
<br />resolution will be introduced at a future meeting~
<br /> On motion by Ms. Gleason, seconded by Dr. Hall, the following
<br /> appropriation was offered and carried over to the next meeting for
<br />
<br />consideration:
<br /> BE IT RESOLVED by the Council of the City of Charlottesville,
<br />Virginia, that the sum of $12,651 or as much thereof .as may be
<br />necessary, is hereby appropriated from the unappropriated balance of
<br />the General Fund to expenditure account 01-17010 for additional
<br />expenditures incurred by the General Registrar and the City
<br />Electoral Board in the conduct of the Presidential election on
<br />November 4, 1980, and of special elections for the Virginia Senate
<br />and House of Delegates on November 4, 1980, and January 6, 1981,
<br />respectively.
<br />
<br /> On motion by Mr. Albro, seconded by Mr. Conover, Council
<br />
<br />unanimouslM, adopted the.following resolution:
<br />
<br /> WHEREAS the Council of the City of Charlottesville, Virginia,
<br />(the Council) has created the Industrial Development Authority of
<br />the City of Charlottesville, Virginia, (the Authority) pursuant
<br />to the-Virginia Industrial Development.and Revenue Bond Act to
<br />fulfill the purposes of such Act; and
<br />
<br /> WHEREAS the ordinance adoPted by the Council on July 19, 1976,
<br />which created the Authority (the Ordinance) provides that the
<br />Authority shall not finance any facility until the location and
<br />financing of such facility have been approved by the Council; and
<br />
<br /> WHEREAS Section 5 of the Ordinance sets forth certain
<br />standards to be considered by the Authority and the Council
<br />in determing the nature and location of facilities to be financed
<br />by the Authority; and
<br />
<br /> WHEREAS the Authority on February 107 1981, unanimously adopted
<br />an inducemenm resolution~agreeing '~o ms-sist Ferguson Enterprises
<br />Inc. (Ferguson) ~.-th~"f.ina~¢ing os the acquisition,, construction
<br />and equipping of a 'facility (the Project) located in the City of
<br />Charlottesville, Virginia, (the City) by the issuance of the
<br />Authority's industrial revenue bonds in an amount not to exceed
<br />$723,550 which financing is further described in the copy of the
<br />Authority's inducement resolution attached hereto as Exhibit A; and
<br />
<br /> WHEREAS preliminary plans for the Project and the financing
<br />have been described to the Council in~.~a presentation by representa-
<br />tives of Ferguson; and
<br />
<br /> WHEREAS the Project will permit Ferguson to acquire, construct
<br />and eq. Uip.~.a~new .distribution warehouse and commercial facility
<br />with a resulting increase in jobs offered in the community and
<br />increase in taxes paid to the City thereby increasing the commerce
<br />in the City and promoting the safety, health, welfare and
<br />prosperity of the inhabitants of the City and Commonwealth of
<br />Virginia; now, therefore, be it
<br />
<br /> RESOLVED by the Council of the City of Charlottesville,
<br />Virginia, that:
<br />
<br /> (1) it is hereby found and determined that the acquisition,
<br />expansion, equipping and improvement of the Project will be in
<br />the public interest and will, through the increase of commerce
<br />and through the promotion of health, welfare, convenience and
<br />prosperity, benefit the inhabitants of the City of Charlottesville,
<br />Virginia, and the Commonwealth of Virginia.
<br />
<br /> (2) the Council hereby approves the location and financing
<br /> of the Project.
<br />
<br /> (3) it is hereby found and determined that the Project meets
<br />the criteria set forth in Section 5 of the Ordinance.
<br />
<br />(4) this mesolution shallLtake effect immediately.
<br />
<br />
<br />
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