1983-03-21 - Laserfiche WebLink

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APPOINTMENTS: PRESENTATION: ~EPAR~MENTOF S©C~KZ~SERV~GES AND..COMMUNITY ATTENTION HOMES RESOLUTION: AUTHORIZING CON- STRUCTION AND FINANCING OF SHOPPING CENTER FOR SOUTHWOOD ASSOCIATES Thomas Johnson, President of the Ridge Street Neighborhood Association requested that CDBG funds be allocated for projects in the Ridge Street area. Ethel Henderson of 313 6th St., S.W. asked that Council target the Fifeville area for CDBG funds. She stated that the area has been in need for some time of housing repairs, sidewalks and proper drainage. James King of Lewis Mountain Road made a long-term suggestion of developing demonstration projects solarizing low income homes such as those in Oak Ridge Gardens. Lawrence Burruss, representing the CDBG Task Force, reported to Council that the group has taken a tour of Meade Avenue, Belmont, Ridge Street, Fifeville and Hartman Mill Road. Mr. Burruss Stated that housing, drainage and sidewalks are the major problems in those areas. He stated that the Task Force recommends Fifeville as the target 'area for the CDBG funds. Mr. Burruss stated that the Task Force needs to meet again before making final recommendations to Council. Council discussed the proportionment of allocating CDBG funds. On motion by Mr. Conover, seconded by Mrs. Gleason, Council unanimously voted to allocate 10% of the Community Development Block Grant funds to social services, to be administered by the Social Development Commission. On motion by Dr. Hall, Julian Taliaferro was reappointed to serve on the Thomas Jefferson EMS Council. On motion by Mr. Conover, Satyendra Huja was appointed to serve on the MPO Technical Committee. Heyward McElveen, Director of the Department of Social Services and Paul McWhinney, Director of the. Community Attention Home, made presentations outlining the services and programs of their departments. Mr. Bobby Carver, representing the developers entertained questions pertaining to the project by Council. On motion by Mr. Conover, seconded by Dr. Hall, the following resolution was unanimously adopted by Council: .... WHEREAS, the Industrial Development Authority of the City of Charlottesville, Virginia (the "Authority") has considered the application of Southwood Associates (the "Company") requesting the issuance of the Authority's industrial development revenue bonds ~n an amount not to exceed $4,7S0,000 (the "Bonds") to assist in the financing of the Company's acquisition, construction and equipping of a shopping center facility (the "Project") in the City of Charlottesville, Virginia, and has held a public hearing thereon on March 8, 1983;~:and WHEREAS, Section 103(k) of the Internal Revenue Code of 1954, as amended, provides that the governmental unit having jurisdiction over the issuer of industrial development bonds and over the area in which any facility financed with the proceeds of industrial development bonds is located must approve the issuance of the bonds; and WHEREAS, the Authority issues its bonds on behalf of the City of Charlottesville, Virginia (the "City"), the Project is to be located in the City and the Council of the City of Charlottesville, Virginia (the "Council") constitutes the highest elected governmental officials of the City; and WHEREAS, the Authority recommends that the Council approve the issuance of the Bonds; and WHEREAS, a copy of the Authority's resolution approving the issuance of the bonds, subject to the terms to be agreed upon, and a certificate of the public hearing has been filed with the Council; BE IT RESOLVED BY THE COUNCIL of the City of Charlottesville, Virginia: 1. The Council approves the issuance of the Bonds by the Authority for the benefit of the Company, as required by Section 103(k), to permit the Authority to assist in the financing of the Project. 2. The approval of the issuance of the Bonds, as required by 19:3