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• RESOLUTION AUTHORIZING LOAN FOR <br />EXPANSION OF JOINT SECURITY COMPLEX <br />$300,000 <br />WHEREAS, the Commonwealth of Virginia has authorized <br />reimbursement of $600,000 of the $1,200,000 necessary to <br />expand and renovate the Albemarle -Charlottesville Joint <br />Security Complex (ACJSC); and <br />WHEREAS, the Albemarle County Board of Supervisors has <br />approved funding $300,000 of the cost of the project and <br />approved a loan of $300,000 to the ACJSC, which loan will be <br />repaid when the ACJSC is reimbursed by the Commonwealth of <br />Virginia; and <br />WHEREAS, City Council has appropriated $300,000 in the <br />Capital Improvements Plan toward the cost of the expansion <br />project and wishes to approve a loan of another $300,000 which <br />will be repaid when the ACJSC is reimbursed by the Common- <br />wealth of Virginia; now, therefore <br />BE IT RESOLVED by the Council of the City of Charlottes- <br />ville, Virginia that the sum of $300,000 is hereby loaned from <br />• the General Fund to the ACJSC for the expansion and renovation <br />of the Joint Security Complex. This loan will be repaid when <br />the ACJSC is reimbursed $600,000 from the Commonwealth of <br />Virginia upon completion of the project. <br />Approved by Council <br />June 20, 1988 <br />Q,Vlerk of Council <br />• 88-4-14 <br />