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98
<br />
<br />THE RESOLUTION APPROPRIATING $471,636.76 FOR OPERATION OF THE
<br />CITY GOVERNMENT FOR THE QUARTER ENDING JUNE 3O, 1960, WHICH WAS OFFERED
<br />APPROPRIATION - OPERATION
<br />OF CITY GOVERNMENT - QUARTER AT THE MEETING OF THE COUNCIL ON MARCH 21, 1960 WAS ADOPTED BY THE FOLLOWING
<br />ENDING 6~30~60
<br />RECORDED VOTE: AYES; MR. COLEMAN, MR. DAVIS, MR. MICHIE, MR. SCRIBNER AND
<br />MR. WEINBERG. NOES: NONE.
<br />THE LEGAL OPINION OF WOOD, KING, DAWSON AND LOGAN RE:$SOO,000.OO CITY
<br />OF CHARLOTTESVILLE SEWERAGE IMPROVEMENT BONDS SERIES OF 1958 WAS PRESENTED
<br />AND ON MOTION BY MR. DAVIS, SECONDED BY MR. WEINBERG, WAS ACCEPTED ANO
<br />ORDERED SPREAD IN THE MINUTES OF THIS MEETING.
<br />MARCH 23, 1960
<br />PAUL D. SUMMERS, JR. ,' ESQ.,
<br />CITY ATTORNEY,
<br />CHARLOTTESVILLE, VIRGINIA.
<br />DEAR SIR:-
<br />CITY OF CHARLOTTESVILLE, VIRGINIA, SEWERAGE
<br />IMPROVEMENT BONDS - SERIES OF 1958, $500,000.
<br /> AT THE REQUEST OF THE COUNCIL OF THE CITY OF CHARLOTTESVILLE,
<br /> VIRGINIA, WE HAVE EXAMINED INTO THE VALIDITY OF AN ISSUE OF $SOO,000
<br /> SEWERAGE IMPROVEMENT BONDS - SERIES OF 1958 OF THE CITY OF CHARLOTTES-
<br /> VILLE, VIRGINIA, DATED MARCH 1, 1960, NUMBERED FROM 1 TO SOD, INCLUS-
<br /> IVE, OF THE DENOMINATION $1,000 EACH, PAYABLE SERIALLY iN NUMERICAL
<br /> ORDER $25,000 BONDS ON MARCH 1 IN EACH OF THE YEARS 1961 AND 1980,
<br /> INCLUSIVE, WITHOUT OPTION OF PRIOR REDEMPTION, BEARING INTEREST AT
<br /> THE RATE OF THREE AND FIFTEEN HUNDREDTHS PER CENTUM PER ANNUM, PAYABLE
<br />LEGAL OPINION - WOOD, KING, SEMI-ANNUALLY SEPTEMBER 1 ANO MARCH 1; SAID BONDS RECITING THAT THEY
<br />DAWSON 8c LOGAN RE: $SOO,000. ARE ISSUED FOR THE PURPOSE OF CONSTRUCTION OF A SEWERAGE DISPOSAL PLANT
<br />SEWERAGE IMPR• BONDS 1958 wlrH APPURTENANCES ON MOORE~S CREEK NEAR THE RIVANNA RIVER IN
<br /> AlBEMARLE COUNTY, VIRGINIA, A SHORT DISTANCE FROM THE CITY LIMITS OF
<br /> CHARLOTTESVILLE AND INCLUDING THE INSTALLATION OF ADDITIONAL COLLECT-
<br /> ING SEWERAGE LINES FOR THE CITY OF CHARLOTTESVILLE, UNDER AND BY
<br /> VIRITUE OF, AND IN FULL CONFORMITY WITH AND PURSUANT TO AN ORDINANCE
<br /> OF THE CITY OF CHARLOTTESVILLE ADOPTED FEBRUARY 3, 1958 AND SPREAD
<br /> IN ORDINANCE BOOK 3 PAGES 294-296 AND APPROVED BY THE VOTERS OF THE
<br /> CITY AT AN ELECTION HELD FOR THAT PURPOSE ON MARCH 18, 1958, IN
<br /> ACCORDANCE WITH THE CHARTER OF THE CITY OF CHARLOTTESVILLE, AND THE
<br /> LAWS OF THE STATE OF VIRGINIA INCLUDING CHAPTER 19.1 OF THE CODE OF
<br /> VIRGINIA OF 1954, AS AMENDED. WE HAVE EXAMINED THE CONSTITUTION ANO
<br /> STATUTES OF THE STATE OF VIRGINIA, INCLUDING THE CHARTER OF THE CITY
<br /> OF CHARLOTTESVILLE, AND CERTIFIED COPIES OF PROCEEDINGS OF THE COUNCIL
<br /> OF SAID CITY, AUTHORIZING THE ISSUANCE OF SAID BONDS, ALSO AN EXECUTED
<br /> BOND OF SAID ISSUE, NO. 1.
<br />IN OUR OPINION SAID BONDS HAVE BEEN AUTHORIZED AND ISSUED
<br />IN ACCORDANCE WITH THE CONSTITUTION AND STATUTES OF THE STATE OF
<br />VIRGINIA, INCLUDING THE CHARTER OF THE CITY OF CHARLOTTESVILLE,
<br />VIRGINIA, AND CONSTITUTE VALID AND LEGALLY BINDING OBLIGATIONS OF THE
<br />CITY OF CHARLOTTESVILLE, VIRGINIA, ANO SAID CITY HAS POWER AND IS
<br />OBLIGATED TO LEVY AD VALOREM TAXES FOR THE PAYMENT OF SAID BONDS AND
<br />THE INTEREST TWEREON UPON ALL PROPERTY WITHIN SAID CITY, SUBJECT TO
<br />TAXATION BY SAID CITY, WITHOUT (IMITATION OF RATE OR AMOUNT.
<br />IT IS A150 OUR OPINION THAT THE INTEREST ON SAID BONDS IS
<br />EXEMPT FROM TAXATION BY THE UNITED STATES OF AMER}CA UNDER THE ~ON-
<br />STITUTION OF THE UNITED STATES AS NOW IN FORCE, UNLESS SUCH TAX IS
<br />CONSENTED TO BY THE STATE OF VIRGINIA, AND THAT SUCH INTEREST IS
<br />EXEMPT FROM SUCH TAXATION UNDER THE EXISTING ACTS OF CONGRESS.
<br />VERY TRULY YOURS,
<br />WOOD, KING, DAWSON 8c LOGAN I,SIGNED~
<br />A COMMUNICATION FROM THE CIVIC LEAGUE OF CHARLOTTESVILLE AND ALBEMARIE
<br />MATTER RE: BUST OF Paul GOODLOE REQWESTING PERMISSION TO SET A BUST OF PAUL GOODIOE MCINTIRE IN THE COURT
<br />MCINTIRE REFERRED TO LIBRARY BD.
<br />FACING THE REAR OF THE LIBRARY WAS REFERRED TO THE LIBRARY BOARD FOR
<br />RECOMMENDATION.
<br />ON MOTION THE MEETING ADJOURNED.
<br />IERK PR (DENT
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