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64 <br /> <br />CHARLOTTESVILLE, 1990, AS AMENDED, RELATING TO THE <br />INSTALLATION OF NATURAL GAS LINES" (2nd reading) <br /> <br />ORDINANCE: "AN ORDINANCE TO QUITCLAIM A PORTION <br />OF THE PRESTON AVENUE RIGHT OF WAY TO THE TRINITY <br />EPISCOPAL CHURCH" (carried over) <br /> <br />RESOLUTION: AUTHORIZING LITERARY LOAN APPLICATION BY SCHOOLS FOR <br />BURNLEY MORAN <br /> <br /> Responding to a question from Mr. Toscano, Ms. Linda <br />Peacock, Budget Administrator, stated that if the Schools <br />receive the loan, which realistically would not be expected <br />to happen for several years, the cost to the City for the <br />project at Burnley Moran School would be reduced. <br /> <br /> Mr. Toscano noted that the City bears the cost of school <br />capital projects through its bond payments. <br /> <br /> On motion by Mr. Toscano, seconded by Ms. Slaughter, the <br />resolUtion authorizing the literary loan application by the <br />Schools for Burnley Moran School was unanimously approved by <br />Council. <br /> <br /> WHEREAS, the School Board for the City of <br />Charlottesville, on the 15th day of April, 1993, presented to <br />this Council an application addressed to the State Board of <br />Education of Virginia for the purpose of borrowing from the <br />Literary Fund $240,000 for improvements to Burnley-Moran <br />Elementary School, to be paid in twenty (20) annual <br />installments, and the interest thereon at five percent (5%) <br />paid annually~ <br /> <br /> BE IT RESOLVED by the Council of the City of <br />Charlottesville that the application of the City School Board <br />to the State Board of Education of Virginia for a loan of <br />$250,000 from the Literary Fund is hereby approved, and <br />authority is hereby granted the City School Board to borrow <br />the said amount for the purpose set out in said application. <br /> <br /> BE IT FURTHER RESOLVED that the Council of the City of <br />Charlottesville will each year during the life of this loan, <br />at the time regular levies are fixed, fix a rate of levy for <br />schools or make a cash appropriation sufficient for operation <br />expenses and to pay this loan in annual installments and the <br />interest thereon, as required by law regulating loans from <br />the Literary Fund. <br /> <br />RESOLUTION: <br /> <br />CHAP~N <br /> <br />RECOGNIZING OUTGOING ASSISTANCE CITY MANAGER LOUIE <br /> <br /> On motion by Ms. Slaughter, secOnded by Mr. Toscano, the <br />resolution recognizing~outgoing AssiStance City Manager Louie <br />Chapman was unanimously approved by Council. <br /> <br />REPORT: ECONOMIC STRATEGY TASK FORCE <br /> <br /> Mr. Robert Moorefield, Chairman of the Economic Strategy <br />Task Force, stated that the Task ForCe has met several times <br />and has developed the following mission statement: "The <br />mission of this group is to develop an inclusive process <br />which will determine the community's vision in an effort to <br />improve the economic future of Charlottesville. We will work <br />together to develop a strategy and implement a specific <br />action plan to provide for the long-term health of the <br />community." The Task Force has held or scheduled in-house <br />training sessions in the following areas: employment and <br />retail sales trends~ regional and local demographics~ and <br />tourism and the Chamber of Commerce. Mr. Moorefield stated <br />that the Task Force reached a consensus that it is time to <br />enlist the services of a professional facilitator with <br />expertise in economic development strategic planning .who <br />would assist City staff and the Task Force in organizing and <br /> <br /> <br />