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is ON MOTION BY MR. FORBES, SECONDED BY MR. DAVIS, 7HE FOLLOWING RESOLUTION WAS UNANIMOUSLY ADOPTED: BE IT RESOLVED BY THE COUNCIL OF THE I+iTY OF CHARLOTTESVILLE, RESOLUTION RE: ACCEPTANCE OF BID ON CITY OF CHARLOTTESVILLE SEWERAGE IMPROVEMENT BONDS, SERIES OF 1954. VIRGINIA THAT THE SALE OF 51,200,000.00 CITY OF CHARLOTTESVILLE SEWERAGE IMPROVEMENT BONDS, SERIES OF 1954, BEARING INTEREST ON THE FIRST TWO MATURITIES AT 5~ PER ANNUM gANO ON THE REMAINING EIGHTEEN MATURITIES BEARING INTEREST OF la~ PER ANNUM, TO THE FIRST BOSTON CORPORATIONS THE PEOPLES NATIONAL BANK OF CHARLOTTESVILLE, VIRGINIAS STRADER, TAYLOR ~ CO., INC. AND R. H. BROOKE & CO. FOR THE SUM OF ONE MILLION TWO HUNDRED THOUSAND DOLLARS (51,200,000.CG), PLUS ACCRUED INTEREST FROM THE DATE OF THE BONDS TO THE DATE OF DELIVERY, AS REPOP.7ED BY THE FINANCE COMMITTEE, BE AND THE SAME IS HEREBY APPROVED AND CONFIRMED. ANG BE IT FURTHER RESOLVED THAT THE FINANCE COMMITTEE PROCEED 70 HAVE SAID BONDS PREPARED AND DELIVERED TO THE SUCCESSFUL BIDDER UPON PAYMENT IN ACCORDANCE WITH THE TERMS OF 7HE BID. ON MOTION 7HE MEETING ADJOURNED. __~_ ___~S~' ~w~ _ _._.__ -CLERK PRESIDENT COUNCIL CHAMBER - f~tARCH 28, 1955 PURSUANT 70 THE FOLLOWING CALL: MR. R. M. Davis MR. S. D. FORBES MR, W. R. HILL MR. T. J. M1CHlE MR. S. B. WEINBERG TAKE NOTICE A SPECIAL MEETING OF THE COUNCIL WILL BE HELD MONDAY MORNfNG THE 28TH tNS7. AT 9:15 A. M. O'CLOCK. 1. LICENSE TAX ORDINANCE. BY ORDER OF ~... 5.. R.~~s_~S~_~~J.S~l.J~JZI CLERK ~L B._W~.L~FBS~...S51S~~Q t PRESIDENT THE COUNCIL MET IN SPECIAL SESSIGN ON THIS GATE W17H THE FOLLOWING MEMBERS PRESENT: MR. DAVIS, MR. FOR8E5, MR. HILL, MR. MICHIE ANp MR. WEINBERG. ABSENT: NOIJE. AN ORDINANCE ENTITLED LLAtd ORGINANCE FOR IMPOSING AND COLLECTING LICENSE TAX ORDINANCE ADOPTED LICEPJSES ANC TAXES FOR THE EXERCISE OF CERTAIN PRIVILEGES 'viITHIN THE CITY OF CHARLOTTESVILLE FCR TWEL'JE MONTf-IS, COMMENCING THE F I R5T DAY OF MAY, 1955, AND EDlD ! NG THE TN { P.T I ETH DAY OF APRIL, 1956; W++ I CH was OFFERED AT THE MEETING OF 7HE COUNCIL MELD ON MARCH 2i, 1955, WAS ADOPTED BY THE FOLLOWING RECOP.DED VOTE: AYES: MR. DAVIS, MR. FORBES, MR. HILL, MR. (''liCN1E AND MR. WEINBERG. NOES: NUKE. THE QUESTION OF DEMOLfTION OF THE (t1UEEN CHARLOTTE HOTEL, BUILDING ON MATTER RE: DEMOLITION OF OyUEEN CHARLOTTE HOTEL BLDG. WEST MAIN STREET PURSUANT TO THE PROVISIGNS AF THE CHARLOTTESVILLE BULLRING CODE CAME Up FOR DISCUSSION UPON REPORTS OF THE CITY MANAGER AND THE BUILDING INSPECTOR. AND, AFTER A FULL DISCUSSION OF THE MATTER, UPON MOTION BY MR. MIGHIE, SECONDED BY MR. DAVIS, IT WAS UNANIMOUSLv