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CHARLOTTESVILLE SHALL BE PLEDGED TO SECURE PAYMENT OF THE INTEREST AND PRINCIPAL OF SAID BONDS. (8) THAT AFTER THIS BOND ISSUE HAS BEEN AUTHORIZED BY VOTE OF THE PEOPLE, THE FINANCE COMMITTEE OF THE COUNCIL SHALL PREPARE AND DISPOSE OF THE ISSUE IN ITS ENTIRETY AT ONE SALE OR IN SUCH INSTALLMENTS AS MAY BE DEEMED ADVISABLE BY SAID COMMITTEE; HOWEVER, ANY SALE OF SAID BONDS SHALL BE RATIFIED AND APPROVED BY THE COUNCIL; (9) THAT IT IS HEREBY ORDERED THAT AN ELECTION BE HELD ON THE 7TH DAY OF MARCH, 1961, AT WHICH QUALIFIED VOTERS MAY VOTE FOR OR AGAINST SANCTIONING THE SAID ISSUE OF SIX HUNDRED THOUSAND DOLLARS ($600,000.00) OF BONDS; THE ELECTION SHALL BE HELD IN ACCORDANCE WITH SECTION 27 OF THE CHARTER OF THE CITY OF CHARLOTTESVILLE AND THE LAWS OF THE STATE OF VIRGINIA REGARDING ELECTIONS BY THE PEOPLE; (10) THE TREASURER SHALL PREPARE SUFFICIENT CERTIFIED COPIES OF A LIST OF THE QUALIFIED TAXPAYERS IN THE CITY OF CHARLOTTESVILLE WHO PAY A TAX ON REAL OR PERSONAL PROPERTY ASSESSED AT FIVE HUNDRED DOLLARS ($500.00) OR MORE, AND SAID COPIES SHALL BE DELIVERED TO THE ELECTION OFFICIALS IN THE SAME MANNER AND NUMBER AS POLL TAX LISTS ARE NOW FURNISHED; SAID ELECTION OFFICIALS SHALL PROVIDE IN EACH VOTING PRECINCT, AT THE EXPENSE OF THE CITY, TWO OR MORE VOTING MACHINES, ONE OR MORE TO BE USED FOR THE PURPOSE OF ENABLING THOSE HAVING THE AFORESAID PROPERTY QUALIFICATIONS TO CAST THEIR VOTE THEREIN, AND ONE OR MORE TO BE USED FOR THE PURPOSE OF ENABLING THOSE WHO DO NOT HAVE THE ABOVE PROPERTY QUALIFICATIONS TO CAST THEIR VOTE; THE ELECTION OFFICIALS SHALL CANVASS THE VOTE AND CERTIFY, AS PROVIDED FOR IN SECTION 27 OF SAID CHARTER AND THE LAWS OF THE STATE OF VIRGINIA, WHETHER OR NOT A MAJORITY OF THE VOTES CAST BY ALL THOSE VOTING AT SAID ELECTION IS IN THE AFFIRMATIVE, AND WHETHER OR NOT A MAJORITY OF THE VOTES OF THOSE PERSONS WHO PAY A TAX ON REAL OR PERSONAL PROPERTY ASSESSED AT FIVE HUNDRED DOLLARS ($500.00) OR MORE IS IN THE AFFIRMATIVE, AND THE NUMBER OF VOTES CAST FOR AND AGAINST IN EACH INSTANCE; (11) THAT THE CLERK OF THE COUNCIL SHALL PRESENT A CERTIFIED COPY OF THIS ORDINANCE TO THE CORPORATION COURT OF THE CITY OF CHARLOTTESVILLE WHICH COURT SHALL ENTER AN ORDER DIRECTING THE PROPER ELECTION OFFICIALS TO TAKE SUCH STEPS AND PREPARE SUCH MEANS AS MAY BE NECESSARY TO SUBMIT TO THE QUALIFIED VOTERS OF THE CITY OF CHARLOTTESVILLE AT A SPECIAL ELECTION ON MARCH 7, 1961, THE QUESTION OF WHETHER SUCH BONDS SHALL BE ISSUED AND THERE SHALL BE PRESCRIBED IN SUCH ORDER SUCH PROVISIONS AS SAID CORPORATION COURT MAY DEEM PROPER TO GIVE DUE PUBLICITY TO SUCH ELECTION. ADOPTED BY THE COUNCIL JANUARY 16, 1961 AYES: MR. HAGGERTY, MR. LEE, MR. MICHIE, MR. MOUNT AND MR. SCRIBNER. NOES: NONE. CLERK PRESIDENT NOTICE OF BOND ISSUE ELECTION I HEREBY GIVE NOTICE THAT AN ELECTION WILL BE HELD IN THE CITY OF CHARLOTTESVILLE, VIRGINIA, ON THE 7TH DAY OF MARCH, 1961, FOR THE PURPOSE OF VOTING ON THE QUESTION OF A BOND ISSUE IN THE SUM OF SIX HUNDRED THOUSAND DOLLARS ($600,000.00) AS OUTLINED IN AN ORDINANCE ADOPTED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE ON JANUARY 16, 1961, WHICH ELECTION IS ORDERED TO BE HELD UNDER SAID ORDINANCE HERETO ATTACHED AND POSTED HEREWITH AS A PART OF THIS NOTICE, GIVEN UNDER MY HAND THIS 14TH DAY OF FEBRUARY, 1961. LOUIE L. SCRIBNER (SIGNED) MAYOR OF THE CITY OF CHARLOTTESVILLE, VA.