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issue, except eighteen thousand dollars for remodeling armory, was sanctioned and <br />aPP <br />by the affirmative vote of a majority of sai;li qualified voters, including a <br />majority of the votes cast by tax payers at such election; and also validates, <br />legalizes and confirms all other proceedings whatsoever of the said City of Char- <br />lottesville, its officials and agents, relating to the said loan and the said bond <br />issue. <br />3EC. 2. And be it further enacted that the mayor, common council and board of <br />Aldermen of th-� :.paid City are hereby authorized without further sanction or <br />approval by the qualified voters or tax payers of tho, said City than that 8,iven at <br />said election to proceed to issue and sell bonds of saidcity as in said ordinance <br />provided, but not exceeding nine hundred and thirty-five thousand dollars in <br />amount; and that the said bonds when executed and delivered pursuant to liw shall <br />be valid And binding obligations of the city of Charlottesville, Virginia. it <br />WHEREAS, in said act and. tho ordinance and election referred <br />to therein it was provided that the $125,000.00 apportioned fol- the erection of <br />a Government building might be reduced and the sum of the reduction added to the <br />amount apportioned to water supply improvemHntand, <br />WH .&AS, the proceeds of said 9125, 000.00 of bond:) is necessary <br />for water supply impr)vement and, <br />been abandoned, <br />the porposed erection of a government building has <br />1WW9 '.'H&-20RE, be it ordained by the Council of the City <br />of ;;hurlottesville that the $125,000.00 of the 4936,000.00 issue of Charlottesville <br />�ti�iatur. ing '^eptombor lst, 1962 with ir.ter�4t at, 5;� pa'iable se.n;-unli-q' ly <br />Improvement Bonds dated September lst,'" 1922,/whioh was originally apportioned for the <br />erection of a Government Building, being the bonds of said issue nuubbered 811 to <br />935, both inclusive, be designated as water improvement bonds and the entire pro- <br />ceeds therefrom be apportioned to and set aside for water supply improvement. <br />Said bonds niunbered 811 to 935 both inclusive, of said .935, 000.00 <br />issue of Charlottesville Improvement bonds, dated September 1st, 19229 cilail be issued <br />under the authority of section 127 of the Constitution of Viri,rnia and Section 3082 <br />of the Code of Virginia of 1919 as amended and said bonds shall not be included in <br />determining the limitations of the power of the City of incurring indebtedness as <br />provided in the first paragraph of section 127 of the Constitution of Virginia be- <br />cause said bonds come within the exception provided in sub -section B of section <br />127 of the Constitution of Virginia as they have been approved by the affirmative <br />vote of the majority of the qualified voters of the City of Charlottesville voting <br />upon the question of their issuance at an election held on the 8th day of June <br />1� 20 and are for the purpose of supplyinE; water from which the City will deriVe a <br />revenue sufficient to pay for the costs of operation and administration, of main- <br />taining the water Supply including interest on the bonds and the cost of insurance <br />against loss by injury to persons and property and an annual amount to be covered <br />and paid into a sinking fulid sufficient to pay at or before maturity all bonds issued <br />on account-, of said undertaking including those now outstanding as well as tho;,e to <br />be issue as provided herein. <br />The Council of the City of Charlottesville fixes five years from the <br />date of said election, June 8th, 1920 for determing whether or not the revenue f rot Such <br />