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173 <br /> <br /> The ordinance entitled "AN ORDINANCE VACATING AND <br />DISCONTINUING A PORTION OF THE SUBDIVISION PLAT OF SEMINOLE <br />SQUARE" which had been offered at the March 16th meeting was <br />approved by the following vote. Ayes: Mr. Barnes, Mr. <br />Buck, Mrs. Gleason, Dr. Hall, Mr. Towe. Noes: None. <br /> <br />ORDINANCE: CLOSING A PORTION OF UNFINISHED HIGH STREET <br /> <br /> Mr. Hendrix stated that a storm easement on the <br />unfinished portion of High Street would need to be <br />maintained and that Mr. Huja had opposed the closing of the <br />street because it w~uld allow expansion of the adjoining <br />properties. <br /> <br /> Mr. Towe stated that he would not favor closing the <br />street because of the possibility of expansion and becausing <br />the street is used for parking and pedestrian easement. <br /> <br /> Mr. Roger Wiley, City Attorney, recommended deferring <br />action on the matter because the property owner requesting <br />the closing was not present. <br /> <br /> Mr. Barnes recommended that Mr. Huja's concerns be <br />shared with the viewers. <br /> <br />ORDINANCE: <br /> <br />PROPERTY <br /> <br />ANNUAL TAX LEVy ON REAL ESTATE AND TANGIBLE PERSONAL <br /> <br /> Mr. Hendrix stated that the real estate tax would <br />remain the same and the personal property tax would be <br />reduced by ~.05. <br /> <br /> On motion by Dr. Hall, seconded by Mr. Barnes, the <br />ordinance entitled "AN ORDINANCE TO ESTABLISH THE ANNUAL TAX <br />LEVY ON VARIOUS CLASSES OF PROPERTY FOR THE PAYMENT OF <br />INTEREST AND RETIREMENT OF THE CITY DEBT, FOR THE SUPPORT OF <br />THE CITY GOVERNMENT AND CITY SCHOOLS, AND FOR OTHER PUBLIC <br />PURPOSES" was offered and carried over to the next meeting <br />for consideration. <br /> <br />ORDINANCE: ANNUAL APPROPRIATION <br /> <br /> Mr. Towe stated that he felt the School Board should be <br />encouraged to include a 6% increase in the extra-curricular <br />supplement for teachers. <br /> <br /> Ms. Cox, Clerk, stated that she had been notified that <br />the School Board had authorized the 6% increase. <br /> <br /> On motion by Mrs. Gleason, seconded by Dr. Hall, the <br />ordinance entitled "RESOLUTION ADOPTING THE BUDGET FOR THE <br />CITY OF CHARLOTTESVILLE FOR THE FISCAL YEAR BEGINNING JULY <br />1, 1987 AND ENDING JUNE 30, 1988 AND PROVIDING FOR THE <br />ANNUAL APPROPRIATION OF FUNDS FOR SUCH FISCAL YEAR" was <br />offered and carried over to the next meeting for <br />consideration. <br /> <br />ORDINANCE: AUTHORIZING ISSUANCE OF $14.5 MILLION IN GENERAL <br />OBLIGATION PUBLIC IMPROVEMENT BONDS <br /> <br /> Mr. Hendrix stated that the ordinance would authorize <br />the issuance of bonds over the next three years in <br />accordance with the Five-Year Capital Improvement Program. <br /> <br /> Responding to a question from Mr. Buck about whether <br />the bonds would be approved by Council prior to their <br />issuance, Mr. Hendrix replied that they would, <br /> <br /> On motion by Mr. Barnes, seconded by Mrs. Gleason, the <br />ordinance entitled "AN ORDINANCE AUTHORIZING THE ISSUANCE OF <br />FOURTEEN MILLION FIVE HUNDRED THOUSAND DOLLARS ($14,500,000) <br />PRINCIPAL AMOUNT OF GENERAL OBLIGATION PUBLIC IMPROVEMENT <br />BONDS OF THE CITY OF CHARLOTTESVILLE, VIRGINIA, FOR THE <br /> <br /> <br />