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12/21/88 <br />• A regular meeting of the City Council of the City of <br />Charlottesville, Virginia (the "City"), was held on December 19, <br />1988, at which meeting the following duly elected members were <br />present or absent: <br />PRESENT: Elizabeth B. Waters <br />Francis L. Buck <br />A. Darden Towe <br />Alvin E. Edwards <br />Thomas Vandever <br />ABSENT: None <br />Such members constituted all of the members of the City Council <br />on the date of such meeting. <br />The following resolution was duly adopted at such meeting <br />by the following vote: <br />• AYES: Elizabeth B. Waters <br />Francis L. Buck <br />A. Darden Towe <br />Alvin E. Edwards <br />Thomas Vandever <br />NAYS: None <br />RESOLUTION DESIGNATING REGIONAL WATER AND SEWER <br />SYSTEM REVENUE BONDS, SERIES OF 1988, OF <br />RIVANNA WATER AND SEWER AUTHORITY IN AN AMOUNT <br />NOT TO EXCEED $5,000,000 AS "QUALIFIED <br />TAX-EXEMPT OBLIGATIONS" AND ALLOCATING UP TO <br />$2,364,000 OF THE CITY'S ANNUAL BOND LIMIT <br />UNDER INTERNAL REVENUE CODE SECTION <br />149(f)(4)(C) TO RIVANNA WATER AND SEWER AUTHOR- <br />ITY <br />WHEREAS, Rivanna Water and Sewer Authority (the "Authori- <br />ty") proposes to issue Regional Water and Sewer System Revenue <br />0 Bonds, Series of 1988 (the "Bonds") in an aggregate principal <br />