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RESOLUTION <br />OF THE CITY COUNCIL OF THE <br />CITY OF CHARLOTTESVILLE, VIRGINIA <br />WHEREAS, the Industrial Development Authority of the City of <br />Charlottesville, Virginia ("Authority"), has been asked by Region <br />Ten Community Services Board, Inc. (the "Company") to approve the <br />issuance of revenue bonds by the Industrial Development Authority <br />of Fluvanna County, Virginia ("Fluvanna Authority") in an amount <br />not to exceed $2,000,000 (the "Bonds") a portion of which will be <br />used to finance the Company's acquisition, renovation and <br />equipping of an approximately 20,000 square foot facility located <br />at 800 Preston Avenue, in the City of Charlottesville, Virginia, <br />and the construction and equipping of an approximately 10,000 <br />square foot addition to such facility, to be used as an office <br />building to house mental health, mental retardation and substance <br />abuse services (the "Project) and has held a public hearing on <br />July 9, 1996; <br />WHEREAS, Section 147(f) of the Internal Revenue Code of <br />1986, as amended (the "Code"), provides that the governmental <br />unit having jurisdiction over the issuer of private activity <br />bonds and over the area in which any facility financed with the <br />proceeds of private activity bonds is located must approve the <br />issuance of the bonds; <br />WHEREAS, Section 15.1-1378 of the Industrial Development and <br />Revenue Bond Act, Chapter 33, Title 15.1, Code of Virginia of <br />1950, as amended ("Act"), provides that if a locality has created <br />an industrial development authority, no industrial development <br />authority created by a second locality may finance a facility <br />located in the first locality unless the governing body of such <br />first locality concurs with the inducement created by the second <br />locality; <br />WHEREAS, the Project is located in the City of <br />Charlottesville, Virginia (the "City") and the City Council of <br />the City of Charlottesville, Virginia (the "Council") constitutes <br />the highest elected governmental unit of the City; <br />WHEREAS, the Authority has recommended that the Council <br />approve the issuance of the Bonds; and <br />WHEREAS, a copy of the Authority's resolution approving the <br />issdance of the Bonds, subject to the terms to be agreed upon, a <br />certificate of the public hearing and a Fiscal Impact Statement <br />have been filed with the Council. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF CHARLOTTESVILLE, VIRGINIA: <br />J <br />