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300
<br />
<br />APPROPRIATION RE:
<br />9175,000 - CENTRAL CITY
<br />MASTER PALN AND MALL
<br />
<br />APPROPRIATION RE:
<br />~15,500 - REVENUE SHARING
<br /> FUNDS
<br />
<br />CONSIDERATION RE:
<br />ORDINANCE - MUNICIPAL
<br />COURT JUDGES-
<br />RETIREMENT
<br />
<br />ORDINANCE RE:
<br />SALE OF BONDS FOR
<br />~2,000,000.00
<br />
<br /> THE RESOLUTION APPROPRIATING $175,000.00 FOR CENTRAL CITY MASTER PLAN AND
<br />
<br />DOWNTOWN MALL WHICH WAS OFFERED AT THE MEETING OF THE COUNCIL ON FEBRUARY 20, 1973
<br />WAS ADOPTED BY THE FOLLOWING RECORDED VOTE. AYES: MR. BARBOUR~ MR. FIFE, MR.
<br />GILLIAM~ MRS. RINEHART AND MR. VAN YAHRES- NOES: NONE.
<br /> THE RESOLUTION APPROPRIATING 915~500-00 FROM REVENUE SHARING FUNDS WHICH WAS
<br />
<br /> OFFERED AT THE MEETING OF THE COUNCIL ON FEBRUARY 20, 1973 WAS ADOPTED BY THE FOLLOWING
<br /> RECORDED.VOTE. AYES: MR. BARBOUR, MR. FIFE, MR. G1LLIAM, MRS. RINEHART AND MR. VAN
<br /> YAHRES. NOES: NONE.
<br /> AN ORDINANCE ENTITLED "AN ORDINANCE TO AMEND THE CODE OF THE CITY OF CHARLOTTESVILLE,
<br /> 1965, BY ADDING IN CHAPTER 9 THEREOF A SECTION NUMBERED 9-4.1 RELATING TO RETIREMENT
<br /> OF MUNICIPAL COURT dUDGES," WAS OFFERED BY MR. GILLIAM~ SECONDED BY MR. BARBOUR AND
<br /> CARRIED OVER TO A SPECIAL MEETING TO BE HELD ON MARCH 5, 1973.
<br /> AN ORDINANCE ENTITLED "AN ORDINANCE AMENDING THE ORDINANCE OF THE COUNCIL OF THE
<br /> CITY OF CHARLOTTESVILLE, VIRGINIA, AUTHORIZING THE ISSUANCE OF TWO MILLION DOLLARS
<br /> (~2,000,000.00) GENERAL IMPROVEHENT BONDS OF SAID CITY FOR THE PURPOSE OF PROVIDING
<br /> FUNDS TO PAY THE COST OF ACQUIRING, CONSTRUCTING AND EQUIPPING OFF-STREET PARKING
<br />~ FACILITIES FOR SAID CITY TO PROVIDE FCR THE MATURITY DATES OF SAID BONDS," WAS OFFERED
<br /> BY MR. BARBOUR~ SECONDED BY MRS. RINEHART AND UPON THE RULES BEING SUSPENDED AS TO THE
<br /> SECOND READING BY UNANIMOUS VOTE WAS ADOPTED BY THE FOLLOWING ~OtE. AYES: MR. BARBOUR~
<br /> MR. FIFE, MR. GILLIAM, MRS. RINEHART A-ND MR. VAN YAHRES. NOES: NONE.
<br /> ' ON MOTION BY MR. GILLIAM, SECONDED BY MRS. RINEHART THE MEETING WAS ADJOURNED UNTIL
<br />
<br />2:00 P.M., MARCH 6, 1973.
<br />
<br />COUNCIL CHAMBERS - MARCH 6, 1973
<br />
<br />BOND SALE
<br />
<br /> THE ADJOURNED MEETING OF THE COUNCIL CONVENED AT 2:00 P.M. WITH THE FOLLOWING
<br />
<br />'MEMBERS PRESENT. MR. FIFE~ MR. GILLIAM, MRS. RINEHART AND MR. VAN YAHRES. ABSENT:
<br />
<br />MR. BARBOUR.
<br />THE CiTY MANAGER REPORTED THAT PURSUANT TO AN ORDINANCE ADOPTED BY THE COUNCIL
<br />ON FEBRUARY ~), 1973, HE WAS AUTHORIZED TO SELL AT PAR OR MORE ~2~000,000.00 CITY Of
<br />
<br />.',CHARLOTTESVILLE GENERAL IMPROVEMENT BONDS, SERIES Of 1973. HE REPORTED THAT IN
<br />;ACCORDANCE WITH SAID AUTHORIZATION, HE RECEIVED THE FOLLOWING SEALED BIDS AT ~1:30
<br />
<br />O'CLOCK A.M. ON MARCH 6, 1973 FOR THE PURCHASE OF $2,000~000.00 CITY OF CHARLOTTESVILLE
<br />
<br />GENERAL IMPROVEMENT BONDS, SERIES OF 1973~ DATED APRIL 1, 1973:
<br />
<br />BIDDISR
<br />
<br />..~:CRAIGIE, MASON-HAGAN~ INC.
<br /> VIRGINIA NATIONAL BANK
<br /> {FIRST & MERCHANTS NATIONAL
<br /> BANK
<br /> .'MORNER, BARKSDALE & Co.
<br /> DAVENPORT & Co. OF VIRGINIA
<br /> INC.
<br /> NATIONAL BANK & TRUST CO;,;
<br /> ]COMPANY
<br />
<br />1NTEREST RATE AMOUNT
<br />
<br />FIRST 5 MATURITIES 5%
<br />NEXT 1 MATURITIES 4.15%
<br />NEXT 1 MATURITIES 4.25%
<br />NEXT 1 MATURITIES 4.30%
<br />NEXT I MATURITIES 4°35%
<br />NEXT I MATURITIES 4.40%
<br />NEXT 1 MATURITIES 4.50%
<br />NEXT I MATURITIES 4.60%
<br />NEXT 1 MATURITIES 4.65%
<br />NEXT I MATURITIES 4,70%
<br />NEAT 1 MATURITIES 4.75%
<br />NEXT 1 MATURITIES 4.80%
<br />NEXT 2 MATURITIES 4.85%
<br />NEXT 2 MATURITIES 4.90%
<br />
<br />92,000,035.00
<br />
<br />HARRIS TRUST AND SAVINGS
<br />tBANK
<br />KIDDER, PEABODY & Co., INC.
<br />.HORNBLOWER & WEEK-HEMPHILL,
<br />NOYES, INC.
<br />,BAKER, WATTS& CO.
<br />VAN KAMPEN WAUTERLEK &
<br />:BROWN, INC.
<br />
<br />FIRST 7 MATURITIES 6%
<br />NEXT 1 MATURITIES 5.20%
<br />NEXT 1 MATURITIES 4.50%
<br />NEXT 1 MATURITIES 4.60%
<br />NEXT 1 MATURITIES 4.70%
<br />NEXT 1 MATURITIES 4.75%
<br />NEXT 2 MATURITIES 4.90%
<br />NEXT 2 MATURITIES 5%
<br />NEXT 2 MATURITIES 5.10%
<br />NEXT 2 MATURITIES 4%
<br />
<br />2,000,220.00
<br />
<br />~ANK OF VIRGINIA-CENTRAL
<br />
<br />FIRST 3 MATURITIES 5%
<br />NEXT 8 MATURITIES 4.5%
<br />NEXT 1 MATURITIES 4.6%
<br />NEXT I MATURITIES 4.65%
<br />NEXT I MATURITIES 4.7%
<br />NEXT 1 MATURITIES 4.75%
<br />NEXT 1 MATURITIES 4.8%
<br />NEXT t MATURITIES 4.85%
<br />NEXT 3 MATURITIES 4.875%
<br />
<br />2,000,000.00
<br />
<br />
<br />
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