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AN ORDINANCE AMENDING AND REENACTING THE DISTRICT MAP INCORPORATED IN SECTION 4 OF ARTICLE III OF APPENDIX II OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1959, BY THE REZONING OF A CERTAIN TRACT OF LAND FRONTING 134 FEET ON THE WESTERLY SIDE OF NASSAU STREET BETWEEN FLORENCE ROAD AND HAMPTON STREET. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE THAT THE DISTRICT MAP INCORPORATED IN SECTION 4 OF ARTICLE III OF APPENDIX II OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1959, BE AMENDED BY THE REZONING OF A CERTAIN TRACT OF LAND FRONTING 134 FEET ON THE WESTERLY SIDE OF NASSAU STREET BETWEEN FLORENCE ROAD AND HAMPTON STREET AND REENACTED AS FOLLOWS: SECTION 4. DISTRICT MAP. CHANGING FROM R-2 RESIDENTIAL TO B-3 OFFICE SHOP THAT PARCEL OF LAND FRONTING 134 FEET ON THE WESTERLY SIDE OF NASSAU STREET BETWEEN FLORENCE ROAD AND HAMPTON STREET WITH A NORTHERN LINE OF 178 FEET AND A SOUTHERN LINE OF 180 FEET. CLERK ADOPTED BY THE COUNCIL JULY 16j, 10� AYES: MR. HAGGERTY, MR. LEE, MR. MOUNT, MR. PONTON AND MR. SCRIBNER. NOES: NONE. PRESIDENT AN ORDINANCE AUTHORIZING THE ISSUANCE OF THREE MILLION DOLLARS ($3,0001000.00) OF BONDS OF THE CITY OF CHARLOTTESVILLE TO BE KNOWN AS "WATER IMPROVEMENT BONDS, SERIES OF 1962". WHEREAS, THE ISSUANCE OF THREE MILLION DOLLARS ($3,000,000.00 OF SERIAL BONDS OF THE CITY OF CHARLOTTESVILLE, TO BE KNOWN AS "WATER IMPROVEMENT BONDS, SERIES OF 1962" HAS BEEN APPROVED BY AN ORDINANCE ADOPTED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE, VIRGINIA, ON APRIL 25, 1962, AND SPREAD IN ORDINANCE BOOK 31 PAGES 459-460, AND ALSO APPROVED BY THE VOTERS OF THE CITY AT AN ELECTION HELD FOR THAT PURPOSE ON JUNE 12, 1962, IN ACCORDANCE WITH THE CHARTER OF THE CITY OF CHARLOTTESVILLE, AND THE LAWS OF THE STATE OF VIRGINIA. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE: (1) THAT THERE SHALL BE ISSUED THREE MILLION DOLLARS ($31000,000.00) OF SERIAL BONDS OF THE CITY OF CHARLOTTESVILLE, TO BE KNOWN AS "WATER IMPROVEMENT BONDS, SERIES OF 1962"; THAT SAID BONDS SHALL BE IN SUCH DENOMINATIONS, AND DATED ON SUCH DAY AND PAYABLE IN SUCH MATURITIES NOT EXCEEDING TWENTY (20) YEARS FROM THE DATE THEREOF AS THE COUNCIL SHALL, BY RESOLUTION OR RESOLUTIONS FROM TIME TO TIME DETERMINE. ALL OF SAID BONDS SHALL BEAR INTEREST AT A RATE OR RATES NOT, HOWEVER, EXCEEDING FOUR (4) RATES, AND NOT EXCEEDING FIVE PER CENTUM (5%) PER ANNUM, PAYABLE SEMI-ANNUALLY ACCORDING TO THE TENOR OF COUPONS FOR SEMI-ANNUAL INTEREST PAYMENTS TO BE THERETO ATTACHED, THE EXACT RATE OR RATES OF INTEREST TO BE DETERMINED BY THE RATE OR RATES NAMED BY THE BID WHICH IS ACCEPTED BY THE CITY MANAGER AND APPROVED BY THE COUNCIL. (2) THAT SAID BONDS AND COUPONS THERETO ATTACHED SHALL BE SUBSTANTIALLY OF THE FOLLOWING FORM AND TENOR: 2" - FORM OF BOND - UNITED STATES OF AMERICA STATE OF VIRGINIA CITY OF CHARLOTTESVILLE WATER IMPROVEMENT BOND - SERIES OF 1962 THE CITY OF CHARLOTTESVILLE PROMISES TO PAY TO BEARER THOUSAND DOLLARS IN LAWFUL MONEY OF THE UNITED STATES ON THE FIRST DAY OF $ ,000.00 , 19 , ON THE SURRENDER OF THIS BOND, WITH INTEREST AT THE RATE OF % PER ANNUM, PAYABLE SEMI-ANNUALLY ON THE FIRST DAY OF AND IN EACH YEAR, ON PRESENTATION OF THE COUPONS HERETO ATTACHED, BOTH PRINCIPAL AND INTEREST TO BE PAYABLE AT THE OFFICE OF THE TREASURER OF THE CITY OF CHARLOTTESVILLE, IN CHARLOTTESVILLE, VIRGINIA. • 0 1 •