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6 <br /> <br /> TAKE NOTICE <br /> A SPECIAL MEETING OF COUNCIL WILL BE HELD TUESDAY AFTERNOON <br />THE 10TH OF NOVEMBER INST. AT 7~15 PM O~CLDCK. <br /> <br />,COUN. CIL CHAMBER <br /> <br />1. CONSIDERATION OF RESOLUTION RE: APPROVING FINANCING AND <br /> LOCATION OF RETAIL SALES AND OFFICE FACILITY ON ANGUS RD. <br /> <br />SPECIAL SESSION <br /> <br />RESOLUTION RE: <br />APPROVING FINANCING <br />AND LOCATION OF RETAIL <br />SALES AND OFFICE <br />FACILITY ON ANGUS RD. <br /> <br />BY ORDER OF <br /> <br />ALMA EVANS BROWN (SIGNED) <br /> <br />F_RANClS L. BUCK (SIC.NEDL <br /> <br /> COUNCIL CHAMBER -THURSDAY, NOVEMBER 10, 198! <br />COUNCIL MET IN SPECIAL SESSION ON THIS DATE WITH THE FOLLOWING <br />MEMBERS PRESENT~ MR, BUCK, MR. CONOVER, MS. GLEASON, DR. HALL. <br />ABSENT~ MR. ALBRO. <br /> <br />ON MOTION BY MR. CDNDVER, SECONDED BY DR. HALL, THE FOLLOWING <br />RESOLUTION WAS UNANIMOUSLY ADOPTED BY COUNCIL: <br /> <br /> WHEREAS, THE COUNCIL OF THE CITY OF CHARLOTTESVILLE, VIRGINIA <br />(THE "COUNCIL" ), HAS CREATED THE INDUSTRIAL DEVELOPMENT AUTHOR]TY <br />OF THE CITY OF CHARLOTTESVILLE, VI:RGtNIA (THE "AUTHORITY" ), PURSUANT <br />TO THE VIRGINIA INDUSTRIAL DEVELOPMENT AND REVENUE BOND ACT TO <br />FULFILL THE PURPOSES OF SUCH ACT~ AND <br /> <br /> WHEREAS, THE ORDINANCE ADOPTED BY THE COUNCIL ON JULY 19, <br />1976, AS AMENDED ON FEBRUARY 3, 1980, WHICH CREATED THE AUTHORITY <br />(THE '' ORDINANCE" ), PROVIDES THAT THE AUTHORITY SHALL NOT FINANCE <br />ANY FACILITY UNTIL THE LOCATION AND FINANCING OF SUCH FACILITY <br />HAVE BEEN APPROVED BY THE COUNCILI AND <br /> <br /> WHEREAS, SECTION 5 OF THE ORDINANCE SETS FORTH CERTAIN <br />STANDARDS TO BE CONSIDERED BY THE AUTHORITY AND THE COUNCIL IN <br />DETERMINING THE NATURE AND LOCATION OF FACILITIES TO BE FINANCED <br />BY THE AUTHORITY~ AND <br /> <br /> WHEREAS, THE AUTHORITY ON OCTOBER --, i981 ADOPTED AN <br />INDUCEMENT RESOLUTION AGREEING TO ASSIST ANGUS ROAD LIMITED <br />PARTNERSHIP (THE "PARTNERSHIP" ) IN FINANCING A RETAIL SALES AND <br />OFFICE FACILITY IN THE CITY OF CHARLOTTESVILLE, VIRGINIA (THE <br />"PROJECT''), BY THE ISSUANCE OF THE AUTHORITY'S INDUSTRIAL DE- <br />VELOPMENT REVENUE BONDS IN AN AMOUNT NOT TO EXCEED $2,650,000~ AND <br /> <br /> WHEREAS, PRELIMINARY PLANS FOR THE PROJECT AND THE FINANCING <br />HAVE BEEN DESCRIBED TO THE COUNCIL IN A PRESENTATION BY THE <br />PARTNERHSIP~ AND <br /> <br /> WHEREAS, THE PROJECT WILL B~t_JJ._C~T_ED AT 2116 ANGUS ROAD IN <br />THE CITY OF CHARLOTTESVILLE, VIRGINIA. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />CHARLOTTESVILLE, VIRGINIA: <br /> <br /> 1. IT IS HEREBY FOUND AND DETERMINED THAT THE ACQUISITION, <br />CONSTRUCTION AND EQUIPPING OF THE PROJECT WILL BE IN THE PUBLIC <br />INTEREST AND WILL PROMOTE THE COMMERCE, SAFETY, HEALTH, WELFARE, <br />CONVENIENCE OR PROSPERITY DF THE CITY OF CHARLOTTESVILLE, VIRGINIA, <br />AND ITS CITIZENS. <br /> <br /> 2. THE COUNCIL HEREBY APPROVES THE LOCATION AND FINANCING OF <br />THE PROJECT. <br /> <br /> IT IS HEREBY FOUND AND DETERMINED THAT THE PROJECT MEETS <br />THE CRITERIA SET FORTH IN SECTION 5 OF THE ORDINANCE. <br /> <br />THE MEETING WAS ADJOURNED. <br /> <br />THIS RESOLUTION SHALL TAKE EFFECT IMMEDIATELY. <br /> <br /> PRESIDENT ~'"'--~ <br /> <br />TAKE NOTICE <br /> <br />A SPECIAL MEETING DF COUNCIL WILL BE HELD FRIDAY AFTERNOON <br /> <br />THE 13TH OF NOVEMBER INST. AT 3:.00 PM O'CLOCK. <br /> <br />~O,UNTY OFFICE BUILDING <br /> <br />DISCUSSION WITH COUNTY BOARD OF SUPERVISORS. <br /> <br />EXECUTIVE SESSION TO DISCUSS MATTERS EXEMPTED BY SECTION 2.1-3~4(A) <br />(1)(PERSONNEL), (2)(PROPERTY) AND (6)(LEGAL) OF THE VIRGINIA FREEDOM <br /> <br /> <br />