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227 LEGAL OPINION RE: SCHOOL IMPR. BONDS SERIES OF t963 THE LEGAL OPINION OF WOOD, KING, DAWSON AND LOGAN RE: 93,500,000.00 SCHOOL IHPROVEMENT BONDS, SERIES OF 1963 WAS PRESENTED AND ORDERED SPREAD IN THE MINUTES OF THIS MEETING: PAUL D.SUMMERS, JR., ESQ. CITY ATTORNEY CHARLOTTESVILLE, VIRGINIA JUNE 72, ]964 DEAR SIR:- CITY OF CHARLOTTESVILLE, VIRGINIA~ SCHOOL IMPROVEMENT BONDS - SERIES OF 1963, 93, 500. 000. AT THE REQUEST OF THE COUNCIL OF THE CITY OF CHARLOTTESVILLE~ VIRGINIA WE HAVE EXAMINED INTO THE VALIDITY OF AN ISSUE OF 93,500~000 SCHOOL iMPROVEMENT BONDS - SERIES OF 1963, OF THE CITY OF CHARLOTTESVILLE, VIRGINIA, DATED dUNE 1~ 1964, NUMBERED FROM 1 TO 700~ INCLUSIVE, OF THE DENOMINATION OF 95,000 EACH~ PAYABLE SERIALLY IN NUMERICAL ORDER~I75,000 BONDS ON dUNE 7 IN EACH OF THE YEARS ]965 TO ~984~ INCLUS. IVE~ WITHOUT OPTION OF PRIOR REDEMPTION, BONDS MATURING IN THE YEARS 1965 TO ]969~ INCLUSIVE, BEARING INTEREST AT THE RATE OF THREE AND ONE-QUARTER PER CENTUM PER ANNUM~ BONDS MATURING IN THE YEARS 7970 TO ~1975~ INCLUSIVE~ BEARING INTEREST AT THE RATE OF TWO AND EIGHTY HUNDREDTHS PER CENTUM PER ANNUM~ BONDS MATURING IN THE YEARS 1976 TO 7979, INCLUSIVE~ BEARING INTEREST AT THE RATE OF TWO AND NINETY HUNDREDTHS PER CENTUM PER ANNUM, AND BONDS MATURING IN THE YEA~S t980 TO 7984~ INCLUSIVE, BEARING INTEREST AT THE RATE OF THREE PER CENTUM PER ANNUM, PAYABLE SEMIANNUALLY JUNE 1 AND DECEMBER 7; SAID BONDS RECITING THAT THEY ARE ISSUED FOR THE PURPOSE OF SITE ACQUISITION~ CONSTRUCTION~ AND FURNISHING OF TWO ADDITIONAL SCHOOLS AND OTHER SCHOOL IMPROVEMENTS UNDER AND BY VIRTUE OF AND IN FULL CONFORMITY WITH AND PURSUANT TO AN ORDINANCE OF THE CITY OF CHARLOTTESVILLE ADOPTED SEPTEMBER 30) 7963~ AND SPREAD IN ORDINANCE BOOK 4, PAGES 1 AND 2~ AND APPROVED BY THE VOTERS OF THE CITY AT AN ELECTION HELD FOR THAT PURPOSE ON NOVEMBER 5~ 1963, IN ACCORDANCE WITH THE CHARTER OF THE CITY OF CHARLOTTESVILLE AND THE CONSTITUTION AND LAWS OF THE STATE OF VIRGINIA AND PURSUANT TO CHAPTER 19.1 OF THE CODE OF VIRGINIA OF ~950~ AS AMENDED. - WE HAVE EXAMINED THE CONSTITUTION AND STATUTES OF THE STATE OF VIRGINIA, INCLUDING THE CHARTER OF THE CITY OF CHARLOTTESVILLE~ AND CERTIFIED COPIES OF PROCEEDINGS OF THE COUNCIL OF SAID CITY AUTHORIZING THE ISSUANCE OF SAID BONDS~ ALSO AN EXECUTED BOND OF SAID ISSUE, No. 1. IN OUR OPINION SAID BONDS HAVE BEEN AUTHORIZED AND ISSUED IN ACCORDANCE WITH THE CONSTITUTION AND STATUTES OF THE STATE OF VIRGINIA~ INCLUDING THE CHARTER OF THE CITY OF CHARLOTTESVILLE~ AND CONSTITUTE VALID AND LEGALLY BINDING OBLIGATIONS OF THE CITY OF CHARLOTTESVILLE~ VIRGINIA~ AND SAID CITY HAS POWER AND IS OBLIGATED TO LEVY AD VALOREM TAXES FOR THE PAYMENT OF SAID BONDS AND THE INTEREST THEREON UPON ALL PROPERTY WITHIN SAID CITY, SUBJECT TO TAXATION BY SAID CITY) WITHOUT LIMITATION OF RATE OR AMOUNT. IT iS ALSO OUR OPINION THAT THE INTEREST ON SAID BONDS IS EXEMPT FROM TAXATION BY THE UNITED STATES OF AMERICA UNDER THE CONSTITUTION OF THE UNITED STATES AS NOW IN FORCE~ UNLESS SUCH TAX IS CONSENTED TO BY THE STATE OF VIRGINIA, AND THAT SUCH INTEREST IS EXEMPT FROM SUCH TAXATION UNDER THE EXISTING ACTS OF CONGRESS. BEECHWOOD RD. & DELL LANE ACCEPTE~ INTO CITY ST. SYSTEM WELFARE REPORT PRESENTED PUBLIC HEARING RE: REZONE RIDGECREST SUB. VERY TRULY YOURS~ WOOD~ KING~ DAWSON & LOGAN A COMMUNICATION WAS PRESENTED FROM E. L. KNIGHT REQUESTING THAT A PORTION OF BEECHWOOD DRIVE~ AND DELL LANE [N IDLEWOOD SUBDIVISION BE ACCEPTED INTO THE CITY STREET SYSTEM FOR MAINTENANCE. THE STREET COMMITTEE RECOMMENDED THE ACCEPTANCE OF THESE STREETS. ON MOTION BY MR. SCRIBNER~ SECONDED BY ~R. PONTON, THE FOREGOING RECOHMENDATION WAS UNANIMOUSLY ADOPTED. THE WELFARE REPORT FOR THE MONTH OF MAY~ 1964 WAS PRESENTED AND ORDERED FILED WITH THE MINUTES OF THIS MEETING. ON MOTION THE HEETING ADJOURNED. COUNCIL CHAMBER - JULY 6, 1964 THE COUNCIL MET iN REGULAR SESSION ON THIS DATE WiTH THE FOLLOWING MEMBERS PRESENT: MR. HAGGERTY) MR. LEE, MR. MOUNT, MR. PONTON AND MR. SCRIBNER. ABSENT: NONE. THE MINUTES OF THE MEETING OF JUNE t5~ 7964 WERE READ AND APPROVED. A PUBLIc HEARING WAS HE.ED ON THIS DATE ON A REQUEST TO REZONE RIDGECREST SUBDIVISION FRO~ R-2 RESIDENTIAL TO R-3 MULTIPLE DWELLING. NO ONE APPEARED FOR OR AGAINST THE REQUEST. AN ORDINANCE ENTITLED "AN ORDINANCE AMENDING AND REENACTING THE DISTRICT MAP IN- CORPORATED IN SECTION 4 OF ARTICLE !11 OF APPENDIX II OF THE CODE OF THE CITY OF