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79 WHEREAS, a copy of the Authority's resolution approving the issuance of the Bonds, subject to the terms to be agreed upon, a certificate of the public hearing and a Fiscal Impact Statement have been filed wi_th the Council. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNC~_~ OF THE CITY OF CH_ARLOTTESVILLE~ VIRGINIA: 1. The Council approves the issuance of the Bonds by the Authority for the benefit of the Bo~ower, as required by Section 147(7 of the Code and Section 15. !-1378. ! of the Code of Virginia of 1950, as amended CVirginia Code") to permit the Authority to assist in the financing of the Project. 2. The approval of the issuance of the Bonds does not constitute an endorsement to a prospective purchaser of the Bonds of the creditworthiness of the Project or the Company. 3. Pursuant to the limitations comained in Temporary Income Tax Regulations Section 5f. !03-2(0(1), this resolution shall remain in effect for a period of one year _from the date of its adoption. 4. This resolution shall take effect immediately upon its adoption. i. RESOLUTION: Designating vendor areas for First Night Virginia WHEREAS, "First Night," a Special Community Event within the City of Charlottesville, .wi!! take place December 3 !, !997 - Jamaary !, 1998; and WHEREAS, it has been requested that Council authorize the Sponsor of the First Night event to designate and control several food-court areas in locations in or about the Downtown Ma!l, and that the selling of food and/or beverages as well as the provision of tables and chairs for patrons be allowed within such areas; and WHEREAS, City Council is willing to support this request to the extent set forth below; now, thermfore BE IT RESOLVED that the Sponsor of First Night is hereby authorized to designate and control several food-court, areas in locations along the Downtown Mall, during the First Night Virginia event, for the sale and/or offering for sale of food and/or beverages and the provision of tab!es and chairs for patrons, conditioned upon cornpliance with the follow, ing: !. The size(s), location(s), and organization of the food-court areas must be approved by the Zoning Administrator and the Chief of Police, upon a determination by those officials that no such ama(s) shall interfere with or present a hazard to the safety, welfare, comfort or convenience of the public. !n approving the size(s), location(s) and organization of the food- court areas, the Zoning Administrator and Chief of Police are hereby authorized to waive the requirements of Section 28-!20(2) of the CRy Code, upon a deter_ruination that such waiver will not be unduly injurious to the safety and convenience of the general public; and 2. No such areas, or any stands within such areas, shall be approved in a location prohibited by Sections 28-!20(1) and 28-120(3)-(5) of the City Code, and 3. The event's Spop~or may comro! which vendors it wishes to operate from space wi_thin the food-court areas, and (with the approval of the Zoning Administrator and Chief of Police) the Sponsor may control the number of vendOrs that will operate within each food- court area, so long as the food-court areas are ribboned-offor otherwise adequately marked to identify the areas as being reserved for use by First NJght's Sponsor and its designated participants. Except with respect to the areas reserve to First Night's Sponsor, vending by persons other than those within those areas shall not be affected, and shall be allowed as otherwise provided within Chapter 28, A_rticle IV of the City Code, and 4. Vendors selling and/or offering for sale any food and/or beverage within the food-