Laserfiche WebLink
198 <br /> <br />AMOUNT OF GENERAL OBLIGATION PUBLIC IMPROVEMENT BONDS OF THE <br />CITY OF. CHARLOTTESVILLE., VIRGINIA, FOR THE PURPOSE OF' <br />PROVIDING FUNDS TO PAY THE COST. OF PUBLIC IMPROVEMENT <br />PROJECTS OF AND FOR THE CITY; FIXING THE FORM, DENOMINATION <br />AND CERTAIN OTHER FEATURES OF SUCH.BONDS; PRESCRIBING THE <br />FORM OF A NOTICE OF SALE FOR SUCH BONDS; PROVIDING FOR THE <br />SALE OF SUCH BONDS; AND AUTHORIZING AND PROVIDING WITH- <br />RESPECT TO THE ISSUANCE AND SALE OF A LIKE PRINCIPAL AMOUNT <br />OF GENERAL OBLIGATION BOND ANTICIPATION NOTES IN ANTICIPATION <br />OF THE ISSUANCE AND SALE OF SUCH BONDS," which was offered at <br />the February 5th meeting, was approved by the following vote. <br />Ayes: Mr. Buck, Rev. Edwards, Mr. Towe, Mr. Vandever, Ms. <br />Waters. Noes: None. <br /> <br />ORDINANCE: AMENDING PROCUREMENT ORDINANCE (2nd reading) <br /> <br /> The ordinance entitled "AN ORDINANCE TO AMEND AND <br />REORDAIN SECTION 21.1-10 OF THE CODE OF THE CITY OF <br />CHARLOTTESVILLE, 1976, AS AMENDED, RELATING TO SMALL PURCHASE <br />PROCEDURES," which was offered at the February 5th meeting, <br />was approved by the following vote. Ayes: Mr. Buck, Rev. <br />Edwards, Mr. Towe, Mr. Vandever, Ms~ Waters. Noes: None. <br /> <br />PUBLIC <br /> <br />There were no matters by the public. <br /> <br />OTHER BUSINESS <br /> <br /> Mr. Towe commended Ms. Judith Mueller for having been <br />named Woman of the Year by the Virginia Women's Forum. <br /> <br />The meetin~ was adjourned. <br /> <br /> C~erk t <br /> <br />NOTICE OF SPECIAL MEETING <br /> <br />A SPECIAL MEETING OF THE COUNCIL WILL BE HELD ON Wednesday, <br />February 21, 1990 AT 1:00 p.m. IN THE Council Chamber. <br /> <br />THE PROPOSED AGENDA IS AS FOLLOWS: <br /> <br />Resolution approving sale of ~$6.5 million general <br />obligation public improvement bonds <br /> <br />BY ORDER OF THE MAYOR <br /> <br />BY Jeanne Cox (signed) <br /> <br />COUNCIL CHAMBER - February 21, 1990 <br /> <br /> Council met in special session On this date with the <br />following members present: Rev. Edwards, Mr. Vandever, Ms. <br />Waters. Absent: Mr. Buck and Mr. Towe. <br /> <br />RESOLUTION: APPROVING SALE OF $6.5 MILLION GENERAL OBLIGATION <br />PUBLIC IMPROVEMENT BONDS <br /> <br /> Ms. Rita Scott, Director of Finance, stated that seven <br />bids had been received for the bonds and Wachovia Bank and <br />Trust was recommended to purchase the bids as the .low bidder <br />at 6.71% interest~ <br /> <br /> On motion by Rev. Edwards, seconded by Mr. Vandever,· the <br />resolution entitled "A RESOLUTION MAKING CERTAIN FINDINGS <br />CONCERNING THE BIDS SUBMITTED FOR THE pURCHASE OF SIX MILLION <br />FIVE HUNDRED THOUSAND DOLLARS ($6,500,000) PRINCIPAL AMOUNT <br />OF GENERAL OBLIGATION PUBLIC IMPROVEMENT BONDS, SERIES 19.90, <br />OF THE CITY OF CHARLOTTESVILLE, VIRGINIA; ACCEPTING A <br />PROPOSAL TO PURCHASE SUCH BONDS; DESIGNATING SUCH BONDS AS <br /> <br /> <br />