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COMMITTEE REPORT RE: <br />SEWER CONNECTION - <br />HYDRAULIC RD. <br /> <br />RESOLUTION APPROP, <br />CARRIED OVER - <br />DEMOLITION CiTY HALL <br />BLDG. 521-523 E. MAiN ST. <br /> <br />RESOLUTION RE: <br />TAX ON INCOME FROM <br />MUNICIPAL BONDS <br /> <br />REQUEST RE: METALLIC <br />TUBING REQUIREMENT <br /> <br /> JUNE 2~ 1969 <br /> <br />To THE MEMBERS OF THE COUNCIL <br /> CITY OF CHARLOTTESVILLE~ VIRGINIA <br /> <br /> GENTLEME~: <br /> <br /> YOUR COMMITTEE HAS CONSIDERED THE REQUEST OF ~NVESTMENTS DIVERSIFIED~ INC. <br /> FOR SEWER SERVICE ON HYDRAULIC ROAD~ OUTSIDE OF THE C1TY~ AND REPORTS AS FOLLOWS: <br /> <br /> THE SITE TO BE SERVED IS LOCATED WITHIN THE AREA WHICH THE COUNCIL HAS <br /> ASSIGNED TO ALBEMARLE COUNTY UNDER THE WATER CONTRACT DATED APRIL 8~ 1969. THE <br /> ClTYIS ORDINANCES PROVIDE THAT SEWER SERVICE iS TO BE PROVIDED ONLY TO THOSE <br />:BEING BILLED FOR CITY WATER SERVICE, <br /> <br /> OUR COMMITTEE DOES NOT RECOMMEND THE CHANGING OF OUR ORDINANCES FOR OUTSIDE <br /> CONSUMERS~ HOWEVER~ tF THE APPLICANT CAN ARRANGE TO USE CITY WATER WE WOULD <br /> RECOMMEND THAT HE BE ALLOWED TO CONNECT TO THE CITY SEWER SYSTEM UNDER THE USUAL <br /> TERMS AND CONDITIONS SINCE THE PROPERTY IS IN AN AREA LIKELY TO BECOME A PART <br /> OF THE CITY IN THE NEAR FUTURE. <br /> <br /> RESPECTFULLY SUBMITTED~ <br /> <br /> UTI LITI ES COMMITTEE <br /> <br /> W~ A, RINEHART~ ~11 (SIGNED) <br /> <br /> d l M BOWEN (S ~ GNED_ ) <br /> <br /> ON MOTION BY MR, DAVlS~ SECONDED BY MR. VAN YAHRES~ THE FOREGOING RECOMMENDATIONS <br /> WERE UNANIMOUSLY ADOPTED. <br /> <br /> ON MOTION BY MR. WRIGHT~ SECONDED BY MR. DAVlS~ THE FOLLOWING RESOLUTION WAS <br /> OFFERED ~AND' CARRIED OVER TO THE NEXT MEETING FOR CONSIDERATION: <br /> <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE <br /> <br /> THAT ~t5~000.00 BE AND THE SAME iS HEREBY APPROPRIATED' FOR <br /> <br /> DEMOLITION OF OLD CITY HALL AND THE BUILDING AT 52t-523 E. MAIN STREET, <br /> <br /> ON MOTION BY MR, WRIGHT~ SECONDED BY MR. DAVlS~ THE FOLLOWING RESOLUTION WAS <br /> UNANIMOUSLY ADOPTED: <br /> <br /> WHEREAS THE HOUSE WAYS & MEANS COMMITTEE IS CURRENTLY CONSIDERING <br /> LEGISLATION WHICH WOULD DIRECTLY AND/OR INDIRECTLY TAX INCOME FROM MUNICIPAL <br /> BONDS ~ AND <br /> <br /> WHEREAS SUCH TAXATION WOULD SURELY JEOPARDIZE THE MUNICIPAL BOND <br /> <br /> MARKET AND WOULD IN MANY INSTANCES MAKE iT IMPOSSIBLE FOR SOME cITIEs AND <br /> <br /> COUNTIES TO COMPETE WITH PRIVATE CORPORATIONS FOR FUNDS~ AND <br /> <br /> WHEREAS THE INTEREST RATE ON MUNICIPAL BONDS~ iF TAXED~ WOULD SURELY <br /> <br /> BE MUCH HIGHER AND WOU:I~D. THEREBY INCREASE THE LOCAL COSTS SO AS TO PROHIBIT <br /> MANY NEEDED CAPITAL IMPROVEMENTS~ WITHOUT FEDERAL SUBSlDY~ AND WOULD CERTAINLY <br /> INCREASE LOCAL COSTS AT A' TIME WHEN LOCALITIES ARE FINDING IT MOST DIFFICULT <br /> TO RAISE A SUFFICIENT AMOUNT OF REVENUE TO PROVIDE ESSENTIAL SERVlCES~ <br /> <br /> NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CiTY OF <br /> <br /> CHARLOTTESVILLE THAT SENATOR HARRY F, BYRD~ JR. ~ SENATOR WI LLI AM B, SPONG~ JR. ~ <br /> REPRESENTATIVE JOHN O, MARSH~ AND REPRESENTATIVE JOEL T. BROYHILL BE AND THEY <br /> ARE HEREBY REQUESTED TO OPPOSE ANY LEGISLATION WHICH WILL ADVERSELY AFFECT THE <br /> MUNICIPAL BOND MARKET AND WHICH WOULD CAUSE HIGHER INTEREST RATES ON MUNICIPAL <br /> BONDS AND THEREBY INCREASE LOCAl] COSTS~ AND <br /> <br /> BE IT FURTHER RESOLVED THAT THE CLERK OF THE COUNCIL SEND COPIES <br /> <br /> OF THIS RESOLUTION TO SENATORS BYRD AND SPONG AND TO REPRESENTATIVES MARSH <br /> <br /> AND BROYHtLLo <br /> <br /> A COMMUNICATION WAS PRESENTED FROM MR, OTIS L, LEE REQUESTING THAT CONSIDERATION <br /> BE GIVEN TO WAIVING THE METALLIC TUBING REQUIREMENT ON A PROPOSED SIX UNIT APARTMENT <br /> BUILDING AT 6~ RIDGE STREET, THIS MATTER WAS REFERRED TO THE ELECTRICAL BOARD AND <br /> ~R, VOGT AND MR, VAN YAHRES FOR RECOMMENDATION, <br /> <br /> ON MOTION BY MR. WRtGHT~ SECONDED BY MR. VAN YAHRES~ THE COUNCIL VOTED TO GO <br /> INTO EXECUTIVE SESSION BY THE FOLLOWING RECORDED VOTE: AYES: MR. DAViS~ MR, RINEHART~ <br /> ~,R: VAN YAHRES AND MR. WR l GHT. NoEs: NONE. <br /> <br /> <br />