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result of the election^i'�ich has been ordered in the Frys
<br />S::ring sanitary district on the ground that such liabilit
<br />is incohately an existing obligation i.rhich upon the
<br />affirmative vete of the people will become a debt which
<br />should be considered in this proceeding and v:hich should
<br />be assumed by the City inasmuch as the entire area affect
<br />by the sanitary se-Y.ers prot),�sed, has been annexed.
<br />(si6ned)
<br />11
<br />it
<br />A c o;)y
<br />Attest:
<br />LM,IUFL F. 1'Q11ITH JUDG
<br />ROBERT F. HUTCHL'SONI JUDGE
<br />!":ALTER T. .' cC!�RT�?Y, JTJDGF
<br />17
<br />Eva W. Maupin Cler_7- Circuit Court Albemarle County, Va.
<br />L.O.B.50 page 3`;}0
<br />Annexation On motion a Committee composed of Dr. Haden, the City Manager, City Attorney,
<br />Committee
<br />and City Auditor, was appointed to study and mare recommendations as to which plan
<br />the City should adopt in making improvements within the annexed territory, and
<br />said Committee was authorized and instructed to req=uest the Judge of the Corporation
<br />Court to appoint a Zoning Commission to rezone the City.
<br />The report on Audit of City Accounts and Records for the year ending August 31,
<br />Audit 1938, as prepared by Richard G. Hantzmon, was carried over for consideration.
<br />Re port
<br />On motion by Mr. Gleason, seconded by Mr. Jessup, the matter pertaining to the
<br />proposed Airport was carried over to the next meeting for further consideration.
<br />On motion by Mr. Gleason, the following report was unanimously adopted, ana- the
<br />sale of -`339,735.00 City of Charlottesville School Improvement Bonds, Series of 1938,
<br />to the mercantile -Commerce Bank & Trust Company of St. Louis and the Mlilwaukee Company
<br />Sale of of Milwaukee, for X340,710.04, bearing interest at the rate of 2.1% per annum, was
<br />Bonds
<br />Approved approved by the follol�iing recorded vote: Ayes: `Ylr. . Gleason, Dr. Haden, Mr. Tiuf f,
<br />TwIr. Jessup, and Mr. Peyton. Noes: None.
<br />November 21, 1938
<br />To the Members of the Council of the
<br />City of Charlottesville, Virginia
<br />• Gentlemen:
<br />Under an ordinance adopted October 12, 1938, and spread in Ordinance Book 2,
<br />page 205-7, the undersigned Finance Committee was given authority to act on
<br />behalf of the City in selling at par or more the whole or any part of the A339,735.00
<br />City of Charlottesville School Improvement Bonds Series of 1938, as described and
<br />set forth in said ordinance, and in accordance with the said direction we herewith
<br />Report of attach a signed copy of the Minutes of the meeting of the Finance Committee held on
<br />Finance the 21st day of November, 1938, which shows the action which yourCommittee has taken
<br />Committee in this matter.
<br />Said bonds will be delivered in accordance with the provisions of said ordinance.
<br />We also attach hereto a copy of the Notice of Bond Sale, and of the bid of the
<br />Mercantile -Commerce Bank & Trust Company of St. Louis and Milwaukee Company of
<br />Milwaukee for said bonds, which was accepted by the said Committee, the same being
<br />the highest and best bid received.
<br />Respectfully submitted,
<br />S. A. JESSUP (signed_)
<br />Chairman
<br />W. D. HADEN signed,
<br />F. B. PEYTON, JR. (signed)
<br />FINANCE =VITITTEE
<br />NOTICE OF BOND SALE
<br />Sealed Bids will be received by the Finance Committee of the City of
<br />Charlottesville, Virginia on forms prescribed by said City until 12 o'clock Noon,
<br />November 21, 1938 (at which time they will be publicly opened by the Finance
<br />Committee in the Council Chamber in the City Hall, Charlottesville, Virginia)
<br />for the purchase of the whole, but not any part thereof of the following City
<br />of Charlottesville, Virginia Coupon Bonds:
<br />
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