1962-07-16 - Laserfiche WebLink

Home Browse Search

REPORT ADOPTED RE: INCREASES RETIREMENT PAY WATER IMP. BONO ISSUE ORDINANCE ADOPTED RESOLUTION RE: ~3~ 000~000.00 WATER IMP. BONO ISSUE~ SERIES oF 1962 MR. WILSON - ASSESSOR OF REAL ESTATE APPOINTED BE IT FURTHER RESOLVED THAT THE CLERK OF THE COUNCIL BE AND HE IS HEREBY DIRECTED TO HAVE THIS STREET VACATION RECORDED IN THE CLERKtS OFFICE OF THE CORPORATION COURT OF THE CITY OF CHARLOTTESVILLE. THE FOLLOWING REPORT WAS PRESENTED: To MEMBERS OF THE CiTY COUNCIL CITY OF CHARLOTTESVILLE, VIRGINIA GENTLEMEN: Your COMMITTEE TO STUDY THE CITYtS SUPPLEMENTAL RETIREMENT PLAN RESPECTFULLY RECOMMENDS THAT THE INCREASES PROPOSED ON JULY 2, 1962 BY THE CITY MANAGER FOR PERSONS NOW ON RETIREMENT BE APPROVED AS OF JULY 1~ 1962. '- Your COMMITTEE WISHES TO BE CONTINUED AND WILL MAKE A FURTHER REPORT AT A LATER DATE. RESPECTFULLY SUBMITTEDj J. Ro PONTO, (SIGNED) - ON MOTION BY MR. LEE, SECONDED BY MR. PONTON~ THE FOREGOING REPORT WAS UNANIMOUSLY ADOPTED. PURSUANT TO THE SPECIFICATIONS tN THE CALL~ AN ORDINANCE ENTITLED "AN ORDINANCE AUTHORIZING THE ISSUANCE OF THERE MILLION DOLLARS (~3~000,000.00) OF BONDS OF THE CITY OF CHARLOTTESVILLE TO BE KNOWN AS twATER IMPROVEMENT BONDS~ SERIES OF 1962t "~ WHICH WAS OFFERED AT THE MEETING OF THE COUNCIL ON JULY 2, ~62, WAS AGAIN READ AND ADOPTED BY THE FOLLOWING RECORDED VOTE= AYES: MR. ~AGGERTY~ MR. LEE~ MR. HOUNT, MR. PONTON AND MR. SCRIBNER. NoEs: NONE. ON NOTION BY HR. LEE~ SECONDED BY HR. MOUNT~ THE FOLLOWING RESOLUTION WAS UNANIMOUSLY ADOPTED= BE IT RESOLVED BY THE COUNCIL OF THE CiTY OF CHARLOTTESVILLE, VIRGINIA: 1. THE TNRE~ MILLION DOLLARS (~3,000,000) WATER IMPROVEMENT BONDSj SERIES OF 1962~ AUTHORIZED TO BE ISSUED BY AN ORDINANCE ENTITLED "AN ORDINANCE AUTHORIZING THE ISSUANCE OF BONDS OF THE CITY 0f CHARLOTTES- VILLE IN THE SUN OF THREE MILLION DOLLARS (~3,000~000.00) FOR THE PURPOSE OF CONSTRUCTION OF A WATER IMPOUNDMENT DAH~ FILTER PLANT AND STORAGE TANK, WITH APPURTENANCES, ON THE SOUTH FORK OF THE RIVANNA RIVER IN ALBEMARLE COUNTY, VIRGINIA, ABOUT FOUR MILES NORTH OF THE CITY LIMITS OF CHARLOTTESVILLE AND INCLUDING THE INSTALLATION OF SUPPLY LINES TO THE CITY'S DISTRIBUTION SYSTEM FOR THE CITY OF CHARLOTTESVILLE, FROH ~rlICH IJNDERTAKING THE CITY OF CHARLOTTESVILLE WILL DERIVE A REVENUE" HERETOFORE DULY ADOPTED ON THE 25TH DAY OF APRIL, ~9~2~ SHALL ALL BE SOLD AS ONE ISSUE OF BONDS, TO BE DATED AUGUST 1~ 19~2~ AND TO MATURE IN NUMERICAL ORDERj WITHOUT OPTION OF PRIOR REDEMPTION BY THE CITY OF CHARLOTTESVILLE, ONE HUNDRED FIFTY THOUSAND DOLLARS (~150~000) BONDS ON AUGUST 1 IN EACH OF THE YEARS 1963 TO 1982, INCLUSIVE. 2. ALL OF SAID BONDS SHALL BE OF THE DENOMINATION OF ONE THOUSAND DOLLARS (~1,000) EACH, ORr AT THE REQUEST OF THE SUCCESSFUL BIDDER SPECIFIED IN ~RITING OR BY TELEGRAM, ALL OF SAID BONOS SHALL BE OF THE DENOMINATION OF FIVE THOUSAND DOLLARS (~5,000) EACH. 3. THIS RESOLUTION SHALL TAKE EFFECT IMMEDIATELY. ON MOTION BY MR, LEE~ SECONDED BY MR. PONTON, MR. CLAUDE J. WILSON WAS APPOINTED ASSESSOR OF REAL ESTATE EFFECTIVE AUGUST 1, 1962 TO FILL THE UN- EXPIRED TERN OF WALTER A. HASH, JR.~ EXPIRING AUGUST 31~ 1962 AT A SALARY OF $8,500.00 PER YEAR.