1973-03-19 - Laserfiche WebLink

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RESOLUTION RE: CHARLOTTESV I LLE Heus lNG FOUNDAT ION RECOMMENDATION RE: RE~ONING JEFF. PARK AVENUE AND MAURY AvE. RECOMMENDATION RE: REZONING FOR J. R. TIMBERLAND ON STRIBLING AVE. CONSIDERATION RE: APPROPRIATION-TRAFElC IMPROVEMENTS- BARRACKS, ROAD CONSIDERATION RE: MAYOR TO SIGN CONTRACT WITH INVESTMENT SERVICES~ ]NC, FOR MILMONT ST. REPORT RE: RETIREMENT FUND COMM. WHEREAS PROVIDING HOMEOWNERSHIP OPPORTUNITIES TO LOW AND MODERATE INCOME FAMILIES IS A PROVEN METHOD OF PEOPLE HELPING THEMSELVES AND THEIR COMMUNITY$ AND WHEREAS THE CHARLOTTESVILLE HOUSING FOUNDATION IS A NON-PROFIT ORGANIZATION WHICH HAD PROVIDED QUALITY SALE HOUSING TO LOW AND MODERATE INCOME FAMILIES; AND WHEREAS THE CHARLOTTESVILLE HOUSING FOUNDATION HAS SPENT CONSIDERABLE SUM OF MONEY IN THE PLANNING OF RIVES TOWNHOUSES AND OTHER HOMES THROUGHOUT THE COMMUNITY~ TOTALLING SOME SEVENTY (70) HOMES; AND WHEREAS THIS MONEY HAS BEEN DONATED BY THE CITIZENS OF THIS COMMUNITY; AND WHEREAS THE FEDERAL GOVERNMENT THROUGH THE DEPARTMENT OF HOUSING & URBAN DEVELOPMENT HAS ENCOURAGED AND SUPPORTED THESE EXPENDITURES THROUGH ITS APPROVAL OF RIVES TOWNHOUSES AND THE ISSUANCE OF THE SUBSIDIES ~RIOR TO THE MORATORIUM~ AND WHEREAS IT APPEARS IMPOSSIBLE TO PROVIDE SALE HOUSING TO LOW AND MODERATE INCOME FAMILIES WITHOUT THE 235 SUBSIDY, NOW) THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF CHARLOTTESVILEE~ VIRGINIA HEREBY REQUEST THAT THE FEDERAL GOVERNMENT HONOR ITS COMMITMENTS TO THE CHARLOTTESVILLE HOUSING FOUNDATION BY REINSTATING THESE 40 SUBSIDIES UNDER FHA 235. A COMMUNICATION WAS PRESENTED ~EOM THE PLANNING COMMISSION RECOMMENDING THAT PARCELS 89 AND 90 AT JEFFERSON PARK AVENUE~ AND MAURY AVENUE BE REZONED FROM R-2 TO R-3 AND PARCEL 86 AND PART OF 85 BE REZONED FROM R-3 TO B-1 AND PARCELS 83) 84 AND PART OF 85 REMAIN R-3. ON MOTION BY MR, VAN YAHRES~ SECONDED BY MRS. RINEHART THE PLANNING COMMISSIONS! RECOMMENDATION WAS REJECTED BY THE FOLLOWING VOTE. AYES: MR. FIFE~ MR. GILLIAM~ MRS. RINEHART AND MR. VAN YAHRES. NOES: MR. BARBOUR A COMMUNICATION WAS,,',A~S~ PRESENTED FROM THE.PLANNING COMMISSION RECOMMENDING THAT THE REQUEST FOR REZONING FROM HR, Jo R, TIHBERLAKE ON STRIBLING AVENUE BE DENIED, ON MOTION BY MR. GILLIAM~ SECONDED BY MR, BARBOUR THE FOREGOING RECOMMENDATION WAS UNANIHOUSLY ADOPTED, THE CiTY MANAGER PRESENTED A PROPOSAL FOR IMPROVEMENTS TO THE TRAFFIC SIGNAL SYSTEM AND ROADWAYS ADJACENT TO THE BARRACKS ROAD SHOPPING CEN~ER DESIGNED'TO IMPROVE THE TRAFFIC FLOW AT THE SHOPPING CENTER, MR, HENDR1X~ STATED THAT THE PROPOSED CHANGES WOULD COST APPROXIMATELY ~150~000 AND RECOMMENDED T~ T THEY BE MADE, MR, DAVID W, CARR~ VICE-PRESIDENT OF INvEsTMENT SERV1CES~ INC. ~DDRESSED THE COUNCIL AND OUTLINED THE PROPOSED CHANGES FOR IMPROVEMENT OF TRAFFIC WITHIN THE SHOPPING CENTER, ON MOTION BY MRS, RINEHART~ SECONDED BY MR, VAN YAHRES THE FOLLOWING RESOLUTION WAS OFFERED AND CARRIED OVER TO THE NEXT MEETING FOR CONSIDERATION, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE THAT ~150~00© BE AND THE SAME IS HEREBY APPROPRIATED FROM THE UNAPPROPRIATED BALANCE IN THE GENERAL FUND FOR TRAFFIC IMPROVEMENTS AT THE BARRACKS ROAD SHOPPING CEN~ER~; A COMMUNICATION WAS PRESENTED FROM INVESTMENT SERVICES~ INC, REQUESTING THAT MILLMONT STREET BE ACCEPTED INTO THE CITY STREET SYSTEM FOR MAINTENANCE. AN AGREEMENT BY INVESTMENT SERVICES~ INC. TO PAY ~20~000 TO BRING MILLMONT STREET UP TO CITY S;ANDARDS AND AN AGREEMENT TO I~SURE THE CITY AGAINST DAMAGES OR PERSONAL INJURY CAUSED BY REASON OF COLLAESE OR OTHER FAILURE OF THE BANK ON THE EAST SIDE OF MILLMoNT STREET ADJACENT TO THE SHOPPING ~ENTER WAS ALSO PRESENTED, THE INSURANCE FURNISHED SHALL BE A MINIMUM.OF ~500~000 PER PERSON OR ~1~0C)0~000 PER ACCIDENT AND ALSO INSURE:~THE CITY AGAINST THE COSTS OF REBUILDING MILLMONT STREET IN THE EVENT OF SUCH FAILURE A MINIMUM OF ~200~000, ON MENTION BY MRS, RINEHART~ SECONDED BY MR, BARBOUR THE MAYOR WAS AUTHORIZED TO EXECUTE THE FOREGOING CONTRACT, THE ~REASURER~S REPORT OF THE RETIREMENT FUND COMMISSION WAS PRESENTED SHOWING ASSETS OF THE FUND AT ~571~490.59 LESS THE ENCUMBRANCE OF AppRoxiMATELY ~44,884.95 AS OF FEBRUARY 15~ 1973. THE RETIREMENT FUND COMMISSION RECOMMENDED THAT THE RETIREMENT