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459 THAT X540.93 BE AND THE SAME IS HEREBY APPROPRIATED FOR THE CITY'S SHARE OF THE COST OF UTILITIES IN BAKER CIRCLE. A COMMUNICATION FROM VIRGINIA LAND COMPANY REQUESTING THE CITY TO ACCEPT REQUEST RE: ARLINGTON BOULEVARD REFERRED TO A PORTION OF ARLINGTON BOULEVARD INTO THE CITY STREET SYSTEM WAS REFERRED TO STREET COMM. THE STREET COMMITTEE FOR STUDY AND RECOMMENDATION. A COMMUNICATION REQUESTING CITY WATER FOR EDNAM FOREST WAS REFERRED TO REQUEST RE: EDNAM FOREST THE UTILITIES COMMITTEE AND PLANNING COMMISSION FOR STUDY AND RECOMMENDATION. REFERRED TO UTILITIES COMM. 8c PLANNING COMMISSION THE FOLLOWING REPORT OF THE FINANCE COMMITTEE WAS PRESENTED: DECEMBER Z1, 1960 TO THE COUNCIL OF THE CITY OF CHARLOTTESVILLE CHARLOTTESVILLE, VIRGINIA GENTLEMEN: AT THE MEETING OF THE CITY COUNCIL HELD ON DECEMBER 19, 1960, THE QUESTION OF A BONG ISSUE TO PAY FOR THE BUILDING OF THE PROPOSED NEW COURTHOUSE AND CLERK'S OFFICE AND FOR CERTAIN STREET IMPROVEMENTS, PARTICULARLY THE EMMETT STREET WIDENING, WAS REFERRED TO THE FINANCE COMMITTEE FOR CONSIDERATION. FINANCE COMMITTEE REPORT RE: BOND ISSUE THE FINANCE COMMITTEE HAS MET AND RECOMMENDS THAT THE QUESTION OF THE APPROVAL OF A 600,000 BOND ISSUE FOR THE CONSTRUCTION OF THE COURTHOUSE AND CLERK'S OFFICE AND FOR STREET IMPROVEMENTS BE SUBMITTED TO VOTE OF THE PEOPLE AND THAT THE COURT BE REQUESTED TO FIX MARCH 7, 1960, AS THE GATE FOR HOLDING SUCH ELECTION. SOME QUESTION MAY BE RAISED AS TO WHY BONGS SHOULD BE ISSUED IN VIEW OF THE FACT THAT THE CITY NOW HAS A SUBSTANTIAL SURPLUS. HOWEVER, THIS SURPLUS IS COMMITTED TO VARIOUS OTHER MATTERS, LARGELY IN CONNECTION WITH ANNEXATION, AND IT WILL BE IMPOSSIBLE TO DO ALL OF THE THINGS TO WHICH WE ARE COMMITTED AND ALSO TO BUILD THE COURTHOUSE AND CLERK'S OFFICE ANO MAKE THE NECESSARY STREET IMPROVEMENTS WITHOUT RESORTING TO THE PROPOSED BOND ISSUE. IN OUR OPINION THE ISSUANCE OF THESE BONDS WILL NOT REQUIRE ANY INCREASE IN- THE PRESENT TAX RATE FOR GENERAL CITY OPERATION. RESPECTFULLY SUBMITTED, FINANCE COMMITTEE THOMAS J. MICHIE (SIGNED) B. N. HAGGERTY SIGNED L. B. MOUNT SIGNED JIM BOWEN SIGNED A MOTION BY MR. MOUNT, SECONDED BY MR. LEE THAT THE FOREGOING REPORT BE ADOPTED AND THAT THE MAYOR APPOINT A COMMITTEE FROM COUNCIL TO PUBLICIZE THE REFERENDUM WAS UNANIMOUSLY ADOPTED. AN ORDINANCE ENTITLED "AN ORDINANCE AUTHORIZING THE ISSUANCE OF BONDS OF THE CITY OF CHARLOTTESVILLE IN THE SUM OF SIX HUNDRED THOUSAND DOLLARS ($600,000.00) ORDINANCE RE: AUTHORIZING BOND ISSUE CARRIED OVER FOR A NEW CLERK'S OFFICE AND COURTHOUSE AND FOR STREET IMPROVEMENTS IN THE CITY OF CHARLOTTESVILLE", WAS OFFERED BY MR. MICHIE, SECONDED BY MR. LEE, AND CARRIED OVER TO THE NEXT MEETING FOR CONSIDERATION. ON MOTION BY MR. MOUNT, SECONDED BY MR. MICHIE, MR. S. S. ROTHWELL WAS MR. ROTHWELL - REELECTED TO THE ASSESSMENT BOARD FOR A THREE YEAR TERM EXPIRING JANUARY 1, 1964. ASSESSMENT BOARD ON MOTION BY MR. HAGGERTY, SECONDED BY MR. LEE, MR. JOSEPH W. RICHMOND WAS MR. RICHMOND, MR. ADAMS REELECTED TO THE BOARD OF ARCHITECTURAL REVIEW FOR A FOUR YEAR TERM EXPIRING & MR. LARAMORE - BD. ARCHITECTURAL REVIEW JANUARY 1, 1965; MR. ROSCOE S. ADAMS, .JR. WAS ELECTED TO FILL THE UNEXPIRED TERM OF MR. R. E. LEE, EXPIRING JANUARY 1, 1963; AND MR. J. C. LARAMORE, JR. WAS ELECTED AS ALTERNATE FOR A ONE YEAR TERM. MR. JOHN W. WILLIAMS AND MR. GEORGE PALMER ADDRESSED THE COUNCIL TO DISCUSS THE MATTER RE: ORGANIZATION POSSIBILITY OF THE CITY JOINING WITH THE COUNTY IN ORGANIZING AN INDUSTRIAL COMMITTEE OF INDUSTRIAL COMMITTEE TO WORK WITH CONCERNS DESIRING TO LOCATE IN THIS VICINITY. THE COMMITTEE TO BE COMPOSED OF TWO MEMBERS OF THE BOARD OF SUPERVISORS, TWO MEMBERS OF CITY COUNCIL, FOUR RESIDENTS OF ALBEMARLE COUNTY, FOUR RESIDENTS OF THE CITY, AND A REPRESENTATIVE FROM THE UNIVERSITY OF VIRGINIA. A MOTION BY MR. HAGGERTY, SECONDED BY MR. MOUNT THAT THE COUNCIL WORK JOINTLY WITH THE COUNTY IN ORGANIZING THIS COMMITTEE WAS