1969 ORDINANCES - Laserfiche WebLink

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THE PROPOSED AMENDMENT HAS BEEN REFERRED TO THE COMMISSION SHALL BE DEEMED APPROVAL. 2. BEFORE APPROVING AND ADOPTING ANY AMENDMENT TO THIS ORDINANCE, THE CITY COUNCIL SHALL HOLD AT LEAST ONE PUBLIC HEARING THEREON, AFTER WHICH THE CITY COUNCIL MAY MAKE APPROPRIATE CHANGES OR CORRECTIONS IN THE PROPOSED AMENDMENT; PROVIDED, THAT NO ADDITIONAL LAND MAY BE ZONED TO A DIFFERENT CLASSIFICATION THAN WAS CONTAINED IN THE PUBLIC NOTICE REQUIRED BY THIS SECTION WITHOUT AN ADDITIONAL PUBLIC HEARING AFTER NOTICE AS REQUIRED BY THIS SECTION. AN AFFIRMATIVE VOTE OF AT LEAST A MAJORITY OF THE MEMBERS OF THE CITY COUNCIL SHALL BE REQUIRED TO AMEND ANY PROVISION OF THIS ORDINANCE. 3. WHEN PUBLIC NOTICE IS REQUIRED BY THIS APPENDIX, THE PLANNING COMMISSION SHALL NOT RECOMMEND NOR THE CITY COUNCIL ADOPT ANY PLAN, ORDINANCE OR AMENDMENT UNTIL NOTICE OF INTENTION TO DO SO HAS BEEN PUBLISHED ONCE A WEEK FOR TWO SUCCESSIVE WEEKS IN SOME NEWSPAPER PUBLISHED OR HAVING GENERAL AND FOR OTHER SCHOOL IMPROVEMENTS IN THE CITY; AND ORDINANCE AUTHORIZING THE ISSUANCE OF BONDS OF THE CITY OF CHARLOTTESVILLE IN THE SUM OF SEVEN MILLION DOLLARS ($7,000,000.00) FOR THE PURPOSE OF SCHOOL IMPROVEMENTS IN SAID CITY. WHEREAS, IT IS DEEMED NECESSARY AND EXPEDIENT THAT THE CITY OF CHARLOTTESVILLE SHOULD ISSUE AND NEGOTIATE ITS BONDS IN ORDER TO ACQUIRE SITES FOR AND CONSTRUCT AND FURNISH TWO ADDITIONAL SCHOOLS, AND FOR OTHER SCHOOL IMPROVEMENTS IN THE CITY; AND WHEREAS IT IS ESTIMATED THAT THE TOTAL SUM, OF SEVEN MILLION DOLLARS ($7,0005000.00) WILL BE NEEDED FOR THE SITE ACQUISITION, CONSTRUCTION, FURNISHING OF SUCH SCHOOLS, AND THE OTHER SCHOOL IMPROVEMENTS; AND WHEREAS, THE AFORESAID SUM OF SEVEN MILLION DOLLARS ($71000,000.00), WHEN ADDED TO THE EXISTING DEBT OF THE CITY NOW OUTSTANDING WILL NOT EXCEED EIGHTEEN PER CENT (18%) OF THE ASSESSED VALUATION OF REAL ESTATE IN THE CITY OF CHARLOTTESVILLE SUBJECT TO TAXATION AS SHOWN ON THE LAST ASSESSMENT, THAT BEING THE CONSTITUTIONAL LIMIT OF THE AUTHORITY OF SAID CITY TO ISSUE BONDS; NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE: (1) THAT FOR THE PURPOSES OF ACQUIRING THE SITES FOR AND CONSTRUCTING AND FURNISHING TWO ADDITIONAL SCHOOLS, AND FOR OTHER SCHOOL IMPROVEMENTS, THE CITY ISSUE AND NEGOTIATE ITS BONDS AGREGATING SEVEN MILLION DOLLARS ($7,000,000.00 DESIGNATED AS "SCHOOL IMPROVEMENT BONDS, SERIES OF 1969"; (2) 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; (3) THAT SAID BONDS SHALL BEAR INTEREST AT A RATE OR RATES (NOT, HOWEVER, EXCEEDING FOUR (4) RATES) NOT EXCEEDING FIVE PER CENTUM (5%) PER ANNUM, PAYABLE SEMIANNUALLY AND EVIDENCED BY INTEREST COUPONS ATTACHED TO SAID BONDS; (4) THAT THE BONDS SHALL BE EXECUTED BY THE FACSIMILE SIGNATURES OF THE MAYOR AND TREASURER AND A FACSIMILE OF THE SEAL OF THE CITY, ATTESTED BY THE MANUAL SIGNATURE OF THE CLERK OF THE COUNCIL AND THE COUPONS THEREON SHALL BE EXECUTED BY THE FACSIMILE SIGNATURE OF THE TREASURER SUCH FACSIMILES OF SAID SIGNATURES AND SEAL BEING AUTHORIZED PURSUANT TO SECTION 155.1-201 OF THE CODE OF VIRGINIA, AS AMENDED; CIRCULATION IN THE CITY, PROVIDED, THAT SUCH NOTICE FOR BOTH THE PLANNING COMMISSION AND THE CITY COUNCIL PUBLISHED CONCURRENTLY. SUCH NOTICE SHALL SPECIFY THE TIME AND PLACE OF HEARING AT WHICH PERSONS AFFECTED MAY APPEAR AND PRESENT THEIR VIEWS, NOT LESS THAN FIVE DAYS NOR MORE THAN TWENTY-ONE DAYS AFTER FINAL PUBLICATION. THE PLANNING COMMISSION AND CITY COUNCIL MAY HOLD A JOINT PUBLIC HEARING AFTER PUBLIC NOTICE AS SET FORTH HEREINABOVE. IF SUCH JOINT HEARING IS HELD THEN PUBLIC NOTICE AS SET FORTH ABOVE NEED BE GIVEN ONLY BY THE CITY COUNCIL. ADOPTED BY THE COUNCIL FEBRUARY 17, 1969 AYES: MR. DAVIS, MR. RINEHART, MR. VAN YAHRES, MR. VOGT AND MR. WRIGHT. NOES: NONE CLERK PRESIDENT