1960-02-23 - Laserfiche WebLink

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X90 OF THE CITY TREASURER, CHARLOTTESVILLE, VIRGINIA, IN THE AMOUNT OF TWO PER CENT (2~) OF THE FACE AMOUNT OF THE SAID BONDS ~V12: $10,000.00 WHICH CHECK IS TO BE RETURNED TO US IF THIS BID IS NOT ACCEPTED, OTHERWISE TO BE DEPOSITED BY SAID CITY TREASURER AND, WHEN THE BONDS ARE DELIVERED AND PAID FOR UNDER THE TERMS OF THIS 81D, TO BE CONSIDERED AS PART PAYMENT THEREFOR, OR TO BE RETAINED AS AND FOR LIQUIDATED DAMAGES IN CASE WE FAIL TO TAKE UP AND PAY FOR THE BONDS. ~SIGNED~ NATIONAL BANK & TRUST COMPANY CHARLOTTESVILLE, VIRGINIA WYLLIE & THORNHILL BY: WYLLIE ANO THORNHILL BY. CHAS. CHURCHILL tSIGNED~ THE SECRETARY WAS DIRECTED TO TRANSMIT TO THE COUNCIL A COPY OF THE MINUTES OF TH15 MEETING, TOGETHER WITH A COPY OF THE NOTICE OF BOND SALE. ON MOTION THE MEETING ADJOURNED. ,AS. E. BOWEN, JR. {SIGNED} SECRETARY S. B. WEINBERG tSIGNED~ CHAIRMAN WE RESPECTFULLY RECOMMEND THAT YOU CONFIRM THE ACTION OF THE COMMITTEE AS ABOVE RECORDED. RESPECTFULLY SUBMITTED, FINANCE COMMITTEE S. B. WEINBERG ~SIGNED~ A. C. COLEMAN SIGNED ON MOTION BY MR. WEINBERG, SECONDED BY MR. COLEMAN, THE FOLLOWING RESOLUTION WAS UNANIMOUSLY ADOPTED; BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE, VIRGINIA THAT THE SALE OF $SOO,000.OO CITY OF CHARLOTTESVILLE SEWERAGE IMPROVEMENT BONDS, SERIES OF 1958, BEARING INTEREST ON RESOLUTION ACCEPTING BID OF NATIONA4 BANK 8c. TRUST CO. ALL MATURITIES AT THE RATE OF 3.~5~ PER ANNUM, TO THE NATIONAL BANK AND WYLLIE 8c THORNH'!LL & TRUST COMPANY AT CHARLOTTESVILLE AND WYLLIE ~ THORNHILL FOR THE SUM OF FIVE HUNDRED THOUSAND, TWO HUNDRED AND SEVENTY-FIVE DOLLARS ($500,275.00 , PLUS ACCRUED INTEREST FROM THE DATE OF THE BONDS TO THE DATE OF DELIVERY, AS REPORTED BY THE FINANCE COMMITTEE, BE AND THE SAME IS HEREBY APPROVED AND CONFIRMED. AND BE IT FURTHER RESOLVED THAT THE FINANCE COMMITTEE PROCEED 70 HAVE SAID BONDS PREPARED AND DELIYERED TO THE SUCCESSFUL BIDDER UPON PAYMENT IN ACCORDANCE WITH THE TERMS OF THE B{D. ON MOTION THE MEETING ADJOURNED. /- --- ~ -_ K CLERK VICE-MAYOR COUNCIL CHAMBER - FEBRUARY 23, 1960 PURSUANT 70 THE FOLLOWING CALL: MR. A. C. COLEMAN MR. R. M. DAVIS MR. T. J. MICHIE MR. L. L. SCRIBNER MR. S. B. WEINBERG TAKE NOTICE FEBRUARY 22, 1960 A SPECIAL MEETING OF THE COUNCIL WILL BE HELD TOMORROW MORNING THE 23RD INST. AT 10:00 A. M. O~CLOCK. 1. TO CONSIDER FILING OF ANNEXATION ORDINANCE. BY ORDER OF J. S. RUSH, JR, C.SIGNED~ T. J. MICHIE ~SIGNED~ CLERK RESIDENT THE COUNCIL MET IN SPECIAL SESSION ON THIS DATE WITH ALL MEMBERS PRESENT TO CONSIDER FILING OF ANNEXATION ORDINANCE,-