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Report re: Revenue <br />Bond Authority <br /> <br />Executive Session <br /> <br /> Mr. Gilliam reported that the committee which was <br />appointed to meet with the Committee from the Albemarle <br />County Board of Supervisors to study the formation of <br />a Revenue Bond Authority had agreed to each recommend <br />to their respective governing bodies that it would not <br />be worth while to pursue the creation of a'joint authority <br />and would recommend that it be discharged from any further <br />joint meetings and each establish its own authority <br />after the needs perceived in the community~ He requested <br />that the committee be discharged from the obligation of <br />future joint meetings and that the Chairman of <br />the Redevelopment and Housing Authority, the Director <br />of Department of Economic Development, the City Attorney, <br />Mr. Fife and himself be instructed to prepare an <br />ordinance for presentation to Council in a few weeks. <br />Mrs. Rinehart suggested that the committee formulate a <br />statement of intent that is clear and understandable and <br />also requested that the committee consider limitations <br />on the number of projects and also on amount of financing <br />for each project. <br /> <br /> On motion by Mr. Fife, seconded by Mrs. Rinehart <br /> <br /> the Council voted to go into executive session to discuss <br /> <br />personnel, by the following vote. <br />Mrs. Rinehart and Mr. Van Yahres. <br /> <br />Absent: Mr. Barbour. <br /> <br />Ayes: Mr. Fife, <br /> <br />Noes: Mr. Gilliam. <br /> <br />On motion the meeting adjourned. <br /> <br />Clerk <br /> <br />President <br /> <br />COUNCIL CHAMBER - MONDAY, MARCH <br /> 22, 1976 <br /> <br />Pursuant to the-following call: <br /> <br />Mr. Charles L. Barbour <br />Mr. Francis H.. Fife <br />Mr. George H. Gilliam <br />Mrs. Jill T. Rinehart <br />Mr. Mitchell Van Yahres <br /> <br />TAKE NOTICE <br /> <br /> A special meeting of the Council will be held <br />Monday night the 22nd inst. at 7:30 P.M. O'clock. <br /> <br />1. Presentation of School Budget. <br />2. Presentation of City Budget. <br />3. Consideration of Bus Fares. <br /> BY ORDER OF <br /> <br />J. S. Rush, Jr. (signed) <br /> Clerk <br /> <br />Charles L. Barbour (signed) <br /> Pres ident <br /> <br /> <br />