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HomeMy WebLinkAboutNOVEMBER 14, 1977 MINUTES OF THE HONORABLE CITY COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA Noveniber 14, 1977 The regular meeting of the Council of the City of Virginia Beach, was called to order by Mayor Clarence A. Holland, in the Conference Room, in the Administration Building, Princess Anne Borough, November 14, 1977, at 1:00 p.m. Council Members present: John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Council Members absent: George R. Ferrell, Vice Mayor Patrick L. Standing ITEM #11449 Mayor Holland entertained a motion to permit Council to conduct an informal session to be followed by an executive session for the purpose of discussing the following: 1. Discussion or consideration of employment, assignment, appointment, promotion, demotion, salaries, discipline or resignation of public officers, appointees or employees of any public body. 2. Discussion or consideration of the condition, acquisition or use of real property for public purpose, or other disposition of publicly held property. 3. Investing of public funds where competition or bargaining are involved where, if made public initially, the financial interest of the governing unit would be adversely affected. 4. Consultation with legal counsel and briefing by staff members, consultants, or attorneys per- taining to actual or potential litigation, or other legal matters within the jurisdiction of the public body. On motion by Councilman Cromwell, seconded by Councilman Griffin, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to proceed into the executive session following the informal discussion. ITEM #11450 Mayor Holland announced that this coming Thursday, November 17, 1977, there will be a Law Enforcement Prayer Breakfast being held at the Commodore FOP Club. ITEM #11451 Mayor Holland stated that on November 19, 1977, the "Big Wheelers" Basketball game will be held at the Virginia Beach Recreation Center. If any Council Member wishes to attend please notify Mrs. Willa Redding. 1 47 7 IF 2 ITEM 1 1452 Mayor Holland stated he received a letter from the Innkeepers of Virginia Beach requesting the Towing Ordinance be rescheduled for public hearing. The City Manager stated he would reschedule the Towing Ordinance for public hearing. ITEM #11453 The City Manager stated he has been informed by the City of Norfolk that they will be recommending Tuesday, November 15, 1977, that restrictions be lifted off of the water conservation measures since the water levels are up to a practical figure. The City Manager commended the citizens of Virginia Beach for their conserving water, and further stated that an ordinance has been prepared and will be brought to Council regarding this matter. Until then there will be n-o enf,rcement of the present ordinance restricting water usage. ITEM #11454 The City Manager stated that there are some minor corrections to the resolution regarding the issuance of $5,100,000 water and sewer revenue notes of the City of Virginia Beach. The corrected resolution will be voted on at the formal session for a second reading, and will be incorporated in the minutes of the meeting on November 7, 1977. ITEM #11455 Discussion on the design for Kempsville Road/Indian River Road Intersection was deferred for two weeks. ITEM #11456 At 2:00 p.m., City Council reconvened in the Council Chambers with the following members present: John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Council Members absent: George R. Ferrell, Vice Mayor Patrick L. Standing The invocation was given by Chaplain R. Fenton Wicker, Jr., Oceana Naval Air Station Chapel, followed by the Pledge of Allegiance. ITEM #11457 On motion by Councilman Griffin, seconded by Councilman Waterfield, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, Vice Mayor Patrick L. Standing City Council voted to approve the minutes of the regular meeting of November 7, 1977, with corrections, and dispensed with the reading of said minutes inasmuch as each Council Member had a copy. Item #11428B should read: "an addition to a church on Little Neck Road." I 11 4 7 7 ITEM #11458 -3- On motion by Councilman Payne, seconded by Councilman McCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve on second reading an ordinance to adpropriate funds under the Anti-Recession Fiscal Aid Program to be received from the Office of Revenue Sharing: AN ORDTNANCE TO APPROPRIATE FUNDS UNDER THE ANTI-RECESSTON FISCAL AID PROGRAM TO BE RECEIVED FROM THE OFFICE OF REVENUE SIIARING WHEREAS, the City Council is interested in providing needed materials and supplies to the city's general operating programs, and WHEREAS, the City Manager has identified a need for funds for materials and supplies to the city's general operating I)rograiiis, and WHEREAS, the office of Revenue Sharing has paid the Citv Eighty-seven thousand, three hundred and ei-.ht dollars ($87,308). NOW, THEREFORE, BE IT ORDAINED BY THE COU'\CIL OF THE CITY OF VIRGINLA BEACH, VIRGINIA: That funds available under the Anti-Recession Fiscal Aid Pro- grani be accepted and appropriated as follows: Estimated l@evenue Total From other Agencies Appropriations Finance $ 2,308 $ 2,308 Library 25,000 25,000 Highways 30,000 30,000 Building Maintenance 30,000 30,000 308 87 308 That the appropriations will be finailced bv $87,308 Estimated Revenue from the Office of Revenue Sharing. First Reading: Novemi@er 7, 1977 5 - TW T". MATTPR nT? @ 1)VTTTTrW nl7 RRVV@TTY rmrXMI)VTCVz TNIR rnv @nc@NT, LILM Ytil4@9 -4 On motion by Councilman Payne, SeCOnded by Councilman McCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice 1,@@ayor Patrick L. Standing City Council voted to approve the appointment of viewers regarding the petition of Greenhill Enterprises, Inc., for the closure of three portions of McKinley Avenue, in the Princess Anne Borough: AN ORDIXANCE APPOINTING VIEWFRS TO REPORT TO THE CITY OF VIRGINIA BEACH CONCERNING THE CLOSING OF THREE PORTIONS OF MCKINLFY AVEME PRINCESS ANNE BOROUCH CITY OF VIRGINIA BEACH, VIRGINIA WHEREAS, proper notice that Greenhill Enterprises, Inc. would make application to the CitY Council of the City of Virginia Beach, Virginia, to have those three portions of McKinley Avenue, which portions are more particularly described in Exhibit A attached hereto, closed, vacated and discontinued as a public road of the City of Virginia Beach was duly posted at the Courthouse of the Circuit Court and at two public places in the City of Virginia Beach, Virginia on the day of 1 19 and, WHEREAS, said application was made to the City Planning Commission and to the City Council and pursuant to the statutes in s,,h cases made and provided, and, WHEREAS, it is ncw necessary for Council to appoint Viewers to report to the Council what inconvience, if any, to the public or to private individuals, would result from such closing, vacation, and discontinuance; now therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VI,ZGINI-A: 1. That C. Oral Lambert , _-George E. Tinnes and are hereby appointed Viewers to report to the City Council of the City of Virginia Beach, Virginia as to what inconvenience, if any, to the public or to private individuals, would result fr= such closing, vacation, and discontinuance of those three portions of McKinley Avenue as more particularly described in Exhibit A which is att,ched hereto. This ordinance shall be effective upon the date of adoption. @iL@i itil4@9 On motion by COuncilman Payne, seconded by Councilman @IcCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice 1,@iayor Patrick L. Standing City Council voted to approve the appointment of viewers regarding the petition of Greenhill Enterprises, Inc., for the closure of three portions of McKinley Avenue, in the Princess Anne Borough: AN ORDINANCE APPOINTING VIEWERS TO REPORT TO THE CITY OF VIRGINTA BFACH CONCERNING THE CLOSING OF THREE PORTIONS OF McKINLEY AVENUE PRINCESS ANNE BOROUGH CITY OF VIRGINLA BEACH, VIRGIN-IA WHEREAS, proper notice that Greenhill Enterprises, Inc. would make application to the CitY Council of the City of Virginia Beach, Virgi.ia, to have those three portions of McKinley Avenue, which portions are more particularly described in Exhibit A attached hereto, closed, vacated ad discontinued as a public road of the City Of Virginia Beach was duly posted at the Courthouse of the Circuit Court -d at two public places in the City of Virginia Beach, Virginia on the day of 1 19 and, WHERF-AS, said application was made to the City Planning Coulmission and to the City Council and pursuant to the statutes in such cases made and provided, and, WHEREA-S, it is now necessar-y for Council to appoint Viewers to report to the Council what inconvience, if any, to the public or to private individuals, would result from such cl,sing, vacation, and discontinuance; now therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VLRGI@NIA BF-ACH, VIRGINIA: 1. That c.. Oral l,ambert I Geor&e E. Tinnes and obert J. Scott -, are hereby appointed Viewers to report to the City Council of the City of Virginia Beach, Virgiiiia as to what inconvenience, if any, to the public or to private individuals, would res,lt from such closing, vacation, and discontinuance of those three portions of McKinley Avenue as more particularly described in Exhibit A which is attached hereto. This ordinance shall be effective upon the date of adoption. Adopted by the Council of the City of Virginia Beach, Virginia on the 4th day of November , 19 7 7 5 - IN THE 14ATrER OF THE PETITION OF GREENRILL ENTERPRISES, INC. FOR THE CLOSING, VACATING AND DISCONTINUING CERTAIN PORTIONS OF McKINLEY AVENUE PETITION -TO THE MAYOR AND MENBERS OF THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA YOUR PETITIONER, GREENRILL ENTERPRISES, INC., RESPECTFULLY REPRESENTS AS FOLLOWS IN SUPPORT OF THIS PETITION: 1. Pursuant to Section 15.1-364, of the Code of Virginia, 1950, as amended, your Petitioner respectfully applies for the closing, vacating and discontinuing of those certain portions of McKinley Avenue as shown on Schedule "A," which is attached hereto and made a part hereof. 2. That no inconvenience will result from the closing, vacating and diaccyntinuing of said portion of McKinley Avenue. Your Petitioner requests that viewers be appointed, as prescribed by law, to view said portions of McKinley Avenue and report in writing, what, if any, incanvenience will result fr= said closing, vacating and discontinuing. 3. That on the 27th day of October 1977, a Notice of this Petition was posted at the Circuit Court of the City of Virginia Beach and two public places, a copy of said notice is attached hereto and made a part hereof. GREENHILL ENTERPRISES, INC. By: SCHEDULE "A!' PARCEL I Beginning at a point at the Northwest intersection of Good Hope Road and McKinley Avenue, which point is lmown as the point of beginning; thence running S 710 27' 00" E 50.02' to a point on the Eastern right of way line of McKinley Avenue; thence turning and running along the Eastern right of way line of McKinley Avenue N 160 55' 46" E 89.65' to a point; thence turning and running N 700 52' 46" W 50.04' to a point on the Western right of way line of McKinley Avenue; thence turning and running along the Western right of way .line of McKinley Avenue S 160 55' 4611 W 90.16' to the point of beginning, said parcel containing 0.103 acres more or less. PARCEL II Beginning at a point at the Northwest intersection of McKinley and Dana Lane, which point is known as the point of beginning; thence running S 71" 27' 00" E 50.02' to a point on the Eastem right of way line of McKinley Avenue; thence turning and running along the Eastern right of way line of @Kinley Avenue N 160 55' 46" E 196.70' to a point; thence turning and running N 710 27' 00" W 50.02' to a point on the Western right of way line of McKinley, where it inter- sects with Forest Glen Road; thence turning and running S 160 55' 46" W 196.70' to the point of beginning, said parcel containing 0.226 acres more or less. PARCEL III Beginning at a point at the Southwest intersection of Charnplain Lane and McKinley Avenue, which point is known as the point of beginning; thence running along the Western right of way line of McKinley Avenue S 160 55' 46" W to a point where the Western right of way line of McKinley Avenue intersects with the Northern right of way line of a certain 50' drainage easement; thence turning and running S 710 27' 00" E 50.02' to a point on the Eastern right of way line of McKinley Avenue; thence running along the Eastern right of way line of McKinley Avenue N 160 55' 46" E 98.34' to a point; thence turning and running N 710 27' 00" W 50.02' to the point of beginning, said parcel containing 0.113 acres more or less. ITEM l@11,60 0. ..ti.. by P y@., by C..@,il... @'l@C.y, @@d by ...... [.,i J.11@ A. B@@., l@.b@@t B. C,..,@ll, J,., J.h@ R. G,iffi., A. h.11@.d, J. H@.@y M@c.y, J@., M@y@@. E. Ob@,@d.,f, C@,li. P.y@@, R.g , L. i@ig , @,d Fi.yd E. J,. N.y.: N.@. Ab-.t: R. Vi,,, M., L. St,@,(Ii@g City tl,. f., f i. @g.@d 1, p lili,, f R.b,@, L. Si@@p,,,@, S,., f., cl@, f @ p"li., .f "l"' th, Ly,,,hz@,,@ B.,.,,gh: ORDINANCE APPOINTING VIEWERS WHEREAS, Robe@t L. SiMp..@, Sr. h.s given d.e and proper notice, i. ccord..@e ith the St@t@tI, f,, @@@h 11,@@ @@d, @d provided th.t they ill on th. _ d.y f , 1977, apply t. the City C ... cil f th. City f Virgi.i. Bea.h, Virginia, for th. ppointm..t of viewers to view th@ below-d@@cribed prope@ty .nd report in writi.g t. the C..@Cil whether, i. th. opinion of @.i2 View.r., a.y, nd if a.y, wh.t i.@on@enience wo.ld res.It from the disco.ti ... n- f the h.r.i..ft.r d.scrib.d p.rtio. of th.t @ert.i,, stre.t f aribl. width, nd h.s fil@d ..ch appli@.ti.n with s@id Council. NOW, THEPEFORE, be it ORDAINED by th. C.uncil of the City of Virgini. Be.@h, Virgi.i.: THAT L..b@@t, R.tr, J. S,.,,, nd E. TL.@,@-I .@d .re her.by appointed to view the below d@cribed property nd report in writing to th. Co ... il on or b@f.re .heth.r i@ th.i@ pinion, ..y, @.d if a@y, wh.t inco.v@.ie.@. woul@ re.ult i. th. di@conti.uing .@d v.c.ti.g of @ ..rt@-on of th.t c.r- tai. street of decr..sing width lo@.ted i. th@ City of vi,gi.i. Beach, Virginia, ..d ore pa@ticularly described as follows: Beginning t the South@.@t inters..tio. f W..dl.nd Av.n.e (@ow B.@b@rt.n Driv.) nd "F" Str@et, .. h.@n o@ th.t .@rt.i. Plat e.titl@d "W..dl..d",Pr.p@rty of N.rann@ P...lty Corp., d.ted Augu.t 1925 , nd rec.rd@d i. Map B..k 7, P.ge 98, Cl-k's Offi@@, City f Virgi,da B@ach, Virgini., nd r..ning th.n@. N.rth 30' 18 @in.t.@ East 50 fe.t t. . point 0. the North @id@ f "F" Str@.t; the.c@ So.th 59' 47 i..tes E.@t 120 f.@t, or. r 1... t. . poi.t; th@n So.th 42' 57 in.t.. E..t 158 feet or. r le.s to . p.int @-. Lot 12, Block 8 .. the af.res.id Pl.t; thence North 59' 47 mi..te@ W.@t 283 feet, ore r less, to th. poi.t of b.ginning, the pr.p@rty d..@rib@d bei.g .11 that p.rtio. of "F" Str.et ho@. n the aforesaid Pl@t lying E.st of Woodla.d Aveue. 11 14/7@ 8 - All the above as shown upon that certain plat entitled, 'Woodland", located in Lynnhaven Borough, Virginia Beach, Virginia, which plat is attached hereto and made a part hereof and intended t) be recorded with the Ordinance closing the aforedescribed street. 9 - IN THE MATTER OF CLOSING, VACATING AND DISCONTINUING A PORTION OF THAT CERTAIN STREET OF DECREASING WIDTH KNOWN AS ',F,' STREET AS SHOWN ON THAT CERTAIN PLAT ENTITLED "WOODLAND" PROPERTY OF NORANNE REALTY CORP., PRINCESS ANNE COUNTY, VIRGINIA, AUGUST, 1925, MAP BOOK 7, PAGE 98, CIRCUIT COURT, CITY OF VIRGINIA BEACH, VIRGINIA, SAID STREET BEING ALL THAT PORTION OF "F" STREET EAST OF WOODLAND AVENUE AS SHOWN ON SAID PLAT, WHICH PLAT IS ATTACHED HERETO. PETITION TO: THE MAYOR AND THE MEMBERS OF THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA Your petitioner, Robert L. Simpson, Sr., respectfully represents as follows: 1. That pursuant to the provisions of Section 15.1-364 of the 1950 Code of Virginia, as amended, the petitioner applies for the vacating, closing, and dis-continuance of portion of that certain street, which is more specifically described as follows: Beginning at the Southeast intersection of Woodland Avenue (now Barberton Drive) and "F" Street, as shown on that certain Plat entitled "Woodland" Property of Noranne Realty Corp., dated August 1925 and recorded in Map Book 7, Page 98, Clerk's Office, City of Virginia Beach, Virginia, and running thence North 30' 18 minutes East 50 feet to a point on the North side of "F" Street; thence South 59* 47 minutes East 120 feet, more or less to a point; then South 42' 57 minutes East 158 feet more or less to a point in Lot 12, Block 8 on the aforesaid Plat; thence North 590 47 minutes West 283 feet, more or less, to the point of beginning, the property described being all that portion of "F" Street shown on the aforesaid Plat lying East of Woodland Avenue. Said parcel of land being a portion of "F" Street, as indicated on that certain plat entitled "Woodland", located in Lynnhaven Borough, Virginia Beach, Virginia, which plat is attached hereto and made a part hereof and intended to be recorded with the Ordinance closing the aforedescribed street. -10- 2. That no inconvenience will result to any persons by reason of said closing, vacation, and discontinuance of said street; and the petitioner prays that this Honorable Council appoint viewers as provided by law to view said platted street proposed to be closel and to report in writing to the Council on or before the day of , 1977, as to whether in the opinion of said Viewers, what inconvenience, if any, would result from the discon- tinuance and closing of this portion of said street, as herein reported and described. 3. That on the 7-10 day of ek,aLy-, 1977, Notice of the presenting of this Application was posted at the Courthouse of the Circuit Court of the City of Virginia Beach, Virginia, on the premises to be closed, and at the City Hall Annex, 19th Street and Arctic Avenue,Virginia Beach, Virginia, as evidenced by the Affidavit attached hereto, and a copy of said Notice. 4. That the Petitioner is fee simple owner of all land along and adjacent to and affected by said portion of the platted street, except a portion thereof lying 160 feet more or less along the Northern line of said street in its Eastern-most portion, owned now or formerly by Minnie Properties, Inc., care of Louis B. Fine, Esquire, Law Building, 187 Granby Street, Norfolk, Virginia, and consequently your Petitioner and Minnie Properties, Inc. are the only land-owners affected by the same. Respectfully submitted, ROBERT L. SIMPSON, SR. BYOJ@.,4@ Of Coun6 Robert L. Simpson, Jr. Day, Summs, Epps & Simpson 4530 Professional Circle Virginia Beach, Virginia 23455 OC, mm io m C, C, 8m z 0i oc, @O z 44 - 1 2 - ITEM #11461 The following bids were received for the sewer facilities for Nottingham Estates: Central Builders, Inc. $213,700.00 A & W Contractors, Inc. 215,000.75 Engineer's Estimate $195,850.00 On motion by Councilman Payne, seconded by Councilman McCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve the low bid of Central Builders, Incorporated, in the amount of $213,700.00, for the sewer facilities for Nottingham Estates. Funds for this project are available. ITEM #11462 On motion by Councilman Payne, seconded by Councilman McCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve the following standard water/sewer agreements: Rosemont Forest, Kempsville Borough Water/Sewer Green Run, PUD Section D-4 Kempsville Borough Water/Sewer ITEM #11463 On motion by Councilman Riggs, seconded by Councilman McCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: Councilwoman Meyera E. Oberndorf Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve on second reading the following resolution authorizing the issuance of $3,000,000 Water and Sewer Revenue Bonds (P A CORP.) of the City of Virginia Beach, Virginia, and providing for the form, details and payment thereof: I I / 1 47 7 1 3- 11/9/77 A RESCLUTIOP AUTHORIZING THE ISSUANCE CF $3,000,000 WATER AND SEWER REVENUE BONDS (P A CORP.) OF THE CITY OF VIRGINIA BEACH, VIRGINIA, AND PROVIDING FOR THE FORM, DETAILS ANE PAYMENT THEREOF WHEREAS, as a part of a program for acquiring water and sewer facilities located within the boundaries of the City, the City Council has determined @hat it is desirable to acquire the sever systems of Princess Anne Utilities Corporation and Aragona Utilities Corporation and the water and sewer system of Pembroke Utilities, Inc.; and WHEREAS, the City proposes to acquire such systems by the purchase of the stock of P A Corp. vhich owns all the stock of Princess Anne Utilities Corporation, Aragona Utilities Corporation and Pembroke Utilities, Inc. and following such acquisition to dissolve the corporations and to integrate their water and/or sewer systems into the City's water and sewer system; and WHEREAS, the City has entered into a contract with the owners of all the stock cf P A Corp. for the purchase of such stock; and WHEREAS, the City Council by ordinance adopted or. October 24, 1977, has authorized the issuance of two separate issues of obligations in an aggregate principal amount not to exceed $8,100,000 as contemplated by the foregoing contract, including the issuance of $3,000,000 water and sever revenue bonds; BE IT RESOLVED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA: ARTICLE I D@D@t.12ns Section 1.1. Definitions. Whenever used in this resolution, unless a different meaning clearly appears from the context, the following wcrds and terms shall have the following meanings: "Pond Fund" shall mean the Water and Sever Revenue Bond Fund: P A Corp., established by Section 4.2. "Bondholderl shall mean the bearer of any Bond. "Bonds" shall mean $3,000,000 water and sewer revenue bonds autborized to be iseued by a resolution adopted by the City Council on November 14, 1977. "City" shall mean the City of Virginia Beach, Virginia. "City Council" shall mean the Council of the City of Virginia Beach, Virginia. 11/14/77 - 1 4 - "Event of Default" shall mean any of the events enumerated in Section 6.1. "Net Revenues- shall mean the revenues derived from the ownership and operation cf the System less costs of operation, administration and insurance. "Stock Purchase Contract" shall mean the agreement between Edward S. Garcia and John X. Aragona, as the owners of all the stock of P A Corp., and the City dated October 26, 1977. 'System" shall mean the water and sever system of the City, as it may exist frcm time to time, and shall include the sewer-systems of Princess Anne Utilities Corporation and Aragona Utilities Corporation and the water and sever system of Pembroke Utilities, Inc. ARTICLE II Details.._Execution,-Form and-Registration of Ponds Section 2.1. Lutb2 ZA . BO@..d- I:,! 112_q o-F @ S. There are hereby authorized to be issued water and sever revenue bonds of the City in the aggregate principal amount of Three Million Dollars ($3,000,000) to provide funds to finance in part the cost of acquiring certain water and sewer facilities located in the City. The Bonds shall be designated City of Virginia Beach Water and Sever Revenue Ponds (P A Corp.). Section 2.2. Details of Ponds. The Ponds shall be -i-ii-ege of regi coupon bonds without Pr v stration, in the denomination of $5,000 each, shall be numbered from I to 600, inclusive, shall be dated November 1, 1977, shall bear interest at the rate of 6% per year, payable semiannually May 1 and November 1, and shall be payable in installments of $500,000 on November 1 in each of the years 1989 to 1994, inclusive. Both principal of and interest on the Bonds shall be payable in lawful money of the United States of America, but only from revenues pledged to the payment thereof as hereinafter pro- vided, at the principal office of Virginia National Bank, Norfolk, Virginia. Section 2.3. B2nds_and C2upons. The Ponds shall be signed by the manual or facsimile signature of the Mayor of the City of Virginia Beach and countersigned by the manual signature cf its Clerk, and the City's seal shall be affixed thereto or a facsimile thereof printed thereon. Interest coupons attached to the Bonds shall bear the facsimile signatures of the Mayor and the Clerk. Section 2.4. Form-of Bonds and Coupons. The Bonds and the interest coupons to be attached thereto shall be in substantially the follcwing forms: -2- 11/14/77 1 5 - (Form of Pond) No. $5,000 UNITEr STATES OF AMERICA COMMONWEALTH OF VIRGINIA CITY CF VIRGINIA BEACH Wat- lnd_Sgygr-feveniz Bond (P --Ccri g L 2.il The City of Virginia Beach, Virginia, for value received, hereby acknowledges itself indebted and promises to pay, solely from the scurce and as hereinafter provided, to Bearer upon presentation and surrender hereof the sum of FIVE THOUSAND DOLLARS ($5,000) on November 1, 19__, and to pay solely from such source interest hereon from the date hereof to maturity at the rate of six percent (6%) per year, payable on May 1, 1978, and semiannually thereafter cn each May 1 and November 1, upon presentation and surrender of the attached coupons as they become due. Both principal of and interest on this Pond are payable in lawful money cf the United States of America at the principal office of Virginia National Bank, Norfolk, Virginia. This bond is one of an issue of $3,000,000 vater and sewer revenue bonds of like date and tenor, except as to number and maturity, authorized and issued pursuant to the Constitution and statutes of the Commonwealth of Yirginia, including the Charter of the City of Virginia Beach (Chapter 147, Acts of Assembly cf 1962, as amended) and the Public Finance Act, as amended, to provide funds to finance part of the cost of acquiring certain water and sewer facilities located in the City. Reference is hereby made to a resolution of the City Council of the City of Virginia Peach adopted on November 14, 1977, for a description of tbe property pledged and the provisions among others, with respect to the nature and extent of the security, the rights, duties and obligations of the City, the rights of the holders of the bonds and the terms upon which the bonds are issued and secured. The bonds are subject to redemption at the option of the City in whole at any time on or after November 1, 1987, upon payment of the principal amount of bonds to be redeemed plus interest accrued and unpaid to the redemption date and a redemption premium of one-half of one percent (1/2 of 1%) of such principal amount for each six month period, or part thereof, between the redemption date and the stated maturity date of the bonds to be redeemed, provided that the redemption premium shall not exceed 3% of such principal amount. The City Council shall cause notice of the call for redemption identifying tbe bonds to be redeemed to be published twice in a newspaper of general circulation published in the City of Norfolk, Virginia, the first publication of which shall appear not less than 30 ncr more than 60 days prior to the -3- 11/14/77 1 6- redemption date. This bond and the issue of which it is a part and the interest thereon are limited obligations of the City payable solely from the net revenues derived from the ownership and operation of the City's water and sewer system, as the same may from time to time exist. The City is required to charge rates or fees to users of its water and sever system and fix and maintain such rates or fees at such level as will produce sufficient revenues to pay all costs of operation of such system and the principal of and interest on the bonds and any obligations heretofore or hereafter issued on account of such system and secured by a pledge of water or sever revenues, as the same respectively become due. The bonds and the interest thereon shall not be deemed to constitute a debt or a pledge of the faith and credit of the Commonwealth of Virginia or any political subdivision tbereof, including the City. Neither the Commonwealth of Virginia nor any politcal subdivision thereof, including the City, shall be obligated to pay the principal of or interest on the bonds or other costs incident thereto except from the revenues pledged therefor, and neither the faith and credit nor the taxing power of the Commonwealth of Virginia or any political subdivision thereof, including the City, is pledged to the payment of the principal of or interest on the bonds or other costs incident thereto. All acts, conditions and things required by the Constitution and statutes cf the Commonwealth of Virginia to happen, exist or be perfcrmed precedent to and in the issuance of this bond have happened, exist and havo been performed and the issue of bonds of which this bond is one, together with all other indebtedness of the City of Virginia Peach, is within every debt and other limit prescribed by the Constitution and statutes of the Commonwealth of Virginia. IN WITNESS WHERECF, the City of Virginia Beach, Virginia, has caused this bond to be signed by the facsimile signature of its Mayor, to be countersigned by its Clerk, a facsimile of its seal to be printed hereon, tbe attached interest coupons to be authenticated by the facsimile signatures of its Mayor and Clerk, and this bond to be dated November 1, 1977. COUNTERSIGNED: [SEAL] Clerk, City of gin a Mayor, City of Virginia Beach, Virginia Beach, Virginia -4- 11/14/77 - 1 7 - (Fcrm of Coupon) No. $ IIZO.00 On May 1, 1978, unless the bond to which this coupon is attached has been duly called for prior redemption and provision made for payment thereof, the City of Virginia Beach, Virginia, will pay to Bearer One Hundred Fifty Dollars ($150.00) in lawful money of the United states of America at the principal office of Virginia National Bank, Norfolk, Virginia, being the semiannual interest then due on its Water and Sewer Revenue Bond (P A Corp.) dated November 1, 1977, and numbered Clerk, City o- Irg nia Beach, Mayor, City of Virginia Beach, Virginia Virginia Section 2.5. Delivery of Bo-nd-s. Upon the fulfillment of all conditions to t@-e-zity's obligations under the Stock Purchase Contract, the Maycr, the City Manager and the CitY Clerk are hereby authorized and directed to execute and deliver the Bonds to Virginia National Bank, Norfolk, Virginia, pursuant to a commitment dated October 26, 1977, a copy of which is attached hereto as Exhibit A. Section 2.6. Re.Elq_Unent of Mutilated,_Ig.SSt ol: Destroyed-Bond. Shoul@ any of the Bonds become mutilated or be lost or destroyed, the City Council, subject to approval of the State Commission on Local rebt, shall cause to be executea and delivered a new Bond of like date, number and tenor in exchange and substitution for, and upon cancellation of, such mutilated Bond, or in lieu of and in substitution for such lost or destroyed Bond. Such new Pond shall be executed and delivered only when the holder has (a) paid all reasonable expenses and charges in connection therewith and (b), in the case of a lost or destroyed Bond, has (1) filed with the City Treasurer evidence satisfactory to him that such Bond was lost or destroyed and that he was the owner thereof and (2) furnished to the City Treasurer indemnity satisfactory to him. 11/14/77 - 1 8- ARTICLE III RedgnEtion of Ponds Section 3.1. Redgap o _Provisjons. The Bonds may be redeemed at the option of the City in whole at any time on or after November 1, 1987, upon payment of the Principal amount of Bonds to be redeemed plus accrued interest to the redemption date and a redemption premium of one-half of one percent (1/2 of 1%) of such principal amount for each six month period, or part thereof, betveen the redemption date and the stated maturity date of the Bonds to be redeemed, provided that the redemption premium shall nct exceed 3% of such principal amount. Section 3.2. Notice of-Redemption. The City Council shall cause notice of the call for redemption identifying the Bonds to be redeemed tc be published twice in a newspaper of general circulation published in the City of Norfolk, Virginia, the first publications of which shall appear not less than 30 nor more than 60 days pricr to the redemption date. Upon the happening of the above conditions and if on or before the date fixed for redemption funds shall be deposited with the City's Director of Finance to pay principal of and interest accrued on the Ponds called for redemption to the redemption date, the Bcnds thus called for redemption shall cease to bear interest from and after the redemption date and shall no longer be entitled to the benefits provided by this resolution. ARTICLE IV Revenlles_And Bond F-d Section 4.1. Pevenue Covenant. The City Council covenants and agrees that so long as any of the Bonds are outstanding and unpaid the City will: (a) charge rates or fees to users of the System and fix and maintain such rates or fees at such level as will produce sufficient revenues to pay the cost of operation and administration, the cost of insurance against loss by injury to persons or property and the principal of and interest on the Bonds and any other bonds or notes heretofore or hereafter issued on account of the System and secured by a pledge of water or sever revenues, as the same respectively become due; (b) apply the revenues derived from the ownership and operation of the System in each fiscal year first to the payment of such costs of such operation, administration and insurance during such year, then to the payment of the Bonds and any other bonds or nctes heretofore or hereafter issued on account of the System and secured by a Pledge of water or sever revenues becoming due in such year; and -6- 11/14/77 1 9 - (c) segregate and keep segregated from all other City funds all revenues derived from the ownership and operation of the System and keep Proper records and accounts therefor, separate and apart from all other records and accounts. Section 4.2. Bond Fund. There is hereby established the Water and Sever Revenue Bond Fund: P A Corp. which shall be held by the City's Director of Finance and in which there are established an Interest Account and a Principal Account. At least one business day before each May I and November I the CitY's Director of Finance shall deposit into the Bond Fund from Net Revenues such amount, if anY, as may be required to make the total amount on deposit therein equal to the amount of Principal and interest which will become due on the Bonds within the next succeeding six months. The City's Director of Finance shall pay the principal of and interest on the Bonds from the Bond Fund as the same become due. The Bond Fund hall be used solely for the PaYment of principal of and interest on the Bonds. Section 4.3. Pled22-of_Net_Revenues and Pond Fund. All Net Revenues are hereby pledged to the Payment of the principal of and interest on the Bonds and any other bonds or notes heretofore or hereafter issued on account of the System and secured by a pledge cf water or sewer revenues. All moneys in the Bond Fund shall be trust funds and are hereby pledged to the payment of the principal of and interest on the Bonds. The lien and trust hereby created are for the benefit of the Bondholders and for their additional security until all of the Bonds have been paid. Section 4.4. Parit.Y-Obliqations. The Bonds are on a parity with other obligaticns of the City heretofore issued and payable from Net Pevenues. Subject to Section 5.4, the City reserves the right to issue additional bonds or notes Payable from either gross revenues or Net Revenues, with or without a pledge of its full faith and credit, ranking equally with the lien and charge of the Bcnds. ARTICLE V Particular Covenants Section 5.1. Generql- The CitY hereby Particula covenants and agrees wit the holders of the Bonds and mak.s Provisions which shall become a part of its contract with suci Bondholders as set forth in the following sections of this article. Section 5.2. Paymgnt of Bonds. The City shall pay the principal of and interest on the Bonds as the same become due and shall observe and perform all covenants, conditions and agreements contained in the Bonds and this resolution; pro- vided, however, that such obligations are not general obligations of the City but are limited obligations payable solely from the revenues pledged therefor. The Bonds and the interest thereon shall nct be deemed to constitute a debt or a -7- 11/14/77 - 2 4- ARTICLE VII Amendments Section 7.1. Amendments without Conse-n-t. The City Council shall have the right, from time to time, without the consent of any of the Bondholders to adopt resolutions supple- mental hereto, not inccnsistent with the terms and provisions hereof: (a) to cure any ambiguity or formal defect or omission or to correct any inconsistent provisions in this resolution or in any supplemental resolution; (b) to grant to or confer upon the Bondholders any additional lawful right, remedy, power, authority or security; and (c) to add cther covenants and agreements to be observed by the City Council or to surrender any right or power herein reserved to or conferred upon the City Council. Section 7.2. Reciuirinq C2nSSEnt. The holders of not less than two-thirds in aggregate principal amount of the Bonds then outstanding shall have the right, from time to time, but only pursuant to this section, to consent to and approve the adoption cf such resolution or resolutions supplemental hereto as shall be deemed necessary or desirable by the City Council for the purpose of modifying, altering, amending, adding to or rescinding, in any particular, any of the terms or provisions ccntained in this resolution or in any supplemental resolution; provided, however, that notbing herein contained shall permit or be construed as permitting (a) an extension of the maturity cf any installment of principal or interest on any Pond, or (b) a reduction in the principal amount of any Bond or the rate of interest thereon, or (c) the creation of a lien upon or a pledge of revenues other than the lien and pledge created by this resolution, or (d) a preference or priority of any Bond cr Bonds over any other Bond or Bonds, or (e) a reduction in the principal amount of Bonds required for consent to such supplemental resolution. Nothing herein contained, however, shall be construed as making necessary the approval by Bondholders of the adoption of any supplemental resolution authorized by Section 7.1. Section 7.3. Adcpti2n and C2nsent to Amendment. If at any time the City CounciT desires the adoption of any supplemental resolution for any of the purposes of Section 7.2, the City Council shall cause notice of the proposed execution of such supplemental resclution to be published once in a newspaper of general circulation published in the City of Norfolk, Virginia. If, because of the temporary or permanent suspension of the publication or general circulation of any newspaper or for any other reason, it is impossible or impractical to publish such notice, then such reasonable publication in lieu thereof as shall be made by the City Council shall constitute a sufficient publication of notice. Such notice shall briefly set forth the nature of the proposed supplemental resolution and sball state that copies thereof are on file at the office of the City Clerk for inspection by all -12- 11/14/77 - 2 5 - Bondholders. If, within 60 days or such longer period as shall be prescribed by the City Council following the giving of such notice, the City Council shall file in its office an instrument or instruments in writing purporting to be executed by the holders of not less than two-thirds in aggregate principal amount of the Bonds then cutstanding, which shall refer to the supplemental resolution and shall specifically consent to and approve the adoption thereof, together with a certified copy of such supplemental resolution and the written opinion of counsel for the City stating that such resolution has been duly adopted, is authorized or permitted by this resolution and is valid and legally binding upon the City and enforceable in accordance with its terms, such supplemental resolution shall thereupon be effective as to the holders of all the Bonds then outstanding, whether or not such holders shall have consented thereto. Upon the adoption of any supplemental resolution for any of the purposes of Section 7.2, a certified copy thereof shall be filed in the office of the City Clerk for inspection by any Bondholder. Section 7.4. Amendment by Unanimous Consent. Notwith- standing any other provision herein, the City Council may amend any term or provision of this resolution or any supplemental resolution upon adoption of a supplemental resolution and the filing of certified copies of such supplemental resolution, together with the written consent thereto of the holders of all the Bonds then outstanding, as provided in Section 7.3. Section 7.5. Effggt_2f_,&Z@dmentZ. This resolution sball be deemed modifi@d and amended, and the respective rights, duties and obligations hereunder of the City and all holders of the Bonds then outstanding shall be determined and enforced under the provisions of this resolution, as so modified and amended, upon the effective date of any amendment as provided in this article. ARTICLE VIII Defeasance Section 8.1. Discharqe ul?on Payment of Bonds. If the Bonds shall have become due and payable in accordance with their terms or otherwise as provided in this resolution and the full amount of the principal and interest so due and payable upon all the Ponds then outstanding shall have been paid at the time and in the manner Provided therein and in this resolution, or if the Bond Fund contains cash or noncallable direct obligations of the United States of America the principal of and interest on which at maturity will be sufficient to pay at maturity the principal of and interest on all Bonds then outstanding, then the right, title and interest of the Bondholders in moneys and funds pledged under this resolution and all covenants, agreements and other obligations of the City to the Bondholders under this resolution shall cease, terminate and be void and tbe City shall be discharged from its obligations hereunder. In such event all moneys afid securities not required for the payment of principal and interest on the Bonds may be used by the City for any lawful purpose. -13- 11/14/77 - 2 6 - ARTICLE IX M.iggellaneoijE Section 9.1. Contract with Bondholders- The pro- visions of this resolu@icn shall constitute a contract between the City and the Dondholders for so long as anY of the Bonds and the coupons appertaining thereto are outstanding. Section 9.2. L_qth.Qritl of-OffiEeLs an"afnte- The officers and agents of the City shall do all acts and things required of them by this resolution and the Bonds for the complete and punctual performance of all the terms, covenants and agreements contained therein. Section 9.3. Filinq_2f_Resolution and Publication of Notice. The City Clerk is hereby authorized and directed to see to the immediate filing of a certified copy of this resolution with the Circuit Court of the City of Virginia Beach and within ten days thereafter to cause to be published once in a newspaper having general circulation in the City a notice setting forth (1) in brief and general terms tbe purpose for which the Bonds are to be issued and (2) the amount of the Bonds. Section 9.4. limitation of Riqbts. Nothing expressed or mentioned in or to be implied from this resolution or the Bonds is intended or shall be construed to give to any person or company other than the parties hereto and the holders of the Bonds any legal or equitable right, remedy or claim under or in respect to this resoluticn or any covenants, conditions and agreements herein contained in this resolution, and all of the covenants, conditions and agreements hereof are intended to be and are for the sole and exclusive benefit of the City and the holders of the Ponds as herein provided. Section 9.5. Notice. Any provision in this resolution for the giving, filing, mailing or delivery of notice or other papers to the City shall be deemed fully complied with if and when such notice or other papers are sent by first class registered or certified mail, return receipt requested, to the City Attorney of the City of Virginia Beach, Municipal Center, Virginia Beach, Virginia 23456. Section 9.6. Headin2s. Any headings in this resolution are solely for convenience of reference and shall not constitute a part of the resolution nor shall they affect its meaning, construction or effect. Section 9.7. Condit,1211E_Precidelit. Upon the issuance of any Bonds all acts, ccnditions and things required by the Constitution and statutes of the Commonwealth of Virginia or by this resolution to have happened, exist and to have been performed precedent to or in the issuance of such Bonds shal2 have happened, exist and have been performed. Section 9.8. S_q@glability. The provisions of this resolution are bereby declared to be severable. If any court of competent jurisdiction shall hold any provision of this 11114177 2 1 - the provisions of any applicable bankruptcy laws. Section 6.2. Remedies upon Default. Upon the -Tholders shall have happening of an Event 0 e ault, the Bon the following rights and remedies: (a) The holders of not less than 50% in aggregate principal amount of the Ponds then outstanding may, by written notice filed with the City Manager, declare the principal of the Bonds then outstanding to be immediately due and payable, and upon such declaration such Bonds shall become and be immediately due and payable, anything in the Ponds or in this resolution to the contrary notwithstanding. If, however, the City shall thereafter make good such default and any other default hereunder (except default in payment of principal of the Bonds so declared payable) the holders of not less than 20% in aggregate principal amount of the Bonds then outstanding shall, by notice in writing filed with the City Manager, rescind and annul such declaration and all its consequences, but no such rescission or annulment shall affect any subsequent default or right relative thereto. (b) The holders of not less than 50% in aggregate principal amount of the Ponds then outstanding may proceed to protect and enforce the rights of the Bondholders by a suit, action or special proceeding in equity or at law, either for the specific performance cf any covenant or agreement or execution of any power, cr for the enforcement of any proper legal or equitable remedy as may be deemed most effectual to protect and enforce such rights. Section 6.3. ARpligition of Moneys. All moneys received pursuant to any right given or action taken under the provisions of this article shall, after payment of the cost and expenses of the proceedings resulting in the collection of such moneys, be deposited in the Bond Fund, and all moneys in the Bond Fund shall be applied as follows: (a) Unless the principal of all the Bonds shall have become or shall have been declared due and payable, all such moneys shall be applied: First - To the payment to the persons entitled thereto of all installments of interest then due on the Bonds, in the order of the maturity of the installments of such interest and, if the amount available shall not be sufficient to pay in full any particular installment, then to the payment ratably, acccrding to the amounts due on such installment, to the persons entitled thereto, without any discrimination or privilege; and Second - To the payment to the persons entitled thereto of the unpaid Bonds which shall bave become due (other than Bonds called for redemption for the payment of which moneys are held pursuant to the provisions of this resolution), in the order of the due dates of Euch Bonds, with interest on such Bonds from the respective dates upon which tbey become due and, if the amount available shall not -9- 11/14/77 2 2 - be sufficient to pay in full Bonds due on any particular date, together with such interest, then to the payment ratably, according to the amount of the Bonds due on such date, to the persons entitled thereto, without any discrimination or privilege. (b) If the principal of all the Bonds shall have betome due or shall have been declared due and payable, all such moneys shall be applied to the Payment of the principal and interest then due and unpaid upon the Bonds, without preference or priority of principal over interest or of interest over principal, cr of any installment of interest or principal over any other installment of interest or principal, ratably according to the amounts due respectively for interest and principal, to the persons entitled thereto, without any discrimination or privilege. (c) If the vrincipal of all tbe Ponds shall have been declared due and payable and if such declaration shall thereafter have been rescinded and annulled under the provisions of this article, then, subject to the provisions of subsection (b) of this section in the event that the principal of all the Bonds shall later become due or be declared due and payable, the moneys shall be applied in accordance with the provisions of subsection (a) of this section. Whenever moneys are to be applied pursuant to the provisions of this secticn, such moneys shall be applied at such times and from time to time, having due regard to the amount of such moneys available for application and the likeli- hood of additional moneys becoming available for such application in the future. Whenever such moneys shall be applied, a date shall be fixed (which shall be an interest payment date unless another date shall be more suitable) upon which such application is to be made and upon such date interest on the amounts cf principal to be paid on such dates shall cease to accrue. Such notice as appropriate shall be made of the deposit of any such moneys and of the fixing of any such date, and no payment shall be required to be made to the holder of any Bond until such Bond shall be presented for cancellation if fully paid. Section 6.4. Restriction on-IndeRendent_Slj.1ta. No Bondholder shall have any right to institute any suit, action or special proceeding in equity or at law for the execution of any trust hereunder or for any other remedy hereunder except as herein provided. It is understood and intended that no Bondholder shall have any right in any manner whatever by his action to affect, disturb or prejudice the security of this resolution or to enforce any right hereunder except in the manner herein provided and that all proceedings in equity or at law shall be instituted, bad and maintained in the manner herein provided and for the benefit of all Pondholders. Nothing in this resolution or in the Bonds shall affect or impair the obligation of the City, which is absolute and unconditional, to pay when the same shall respectively become due and payable and at the place provided therein the principal of and interest on each cf the Bonds to the respective holders thereof, or affect or impair the right of action, which is also 11/14/77 - 2 3 - absolute and unconditional, of any holder to enforce such payment of his Bond; provided, however, that such obligations are not general obligaticns of the City but are limited obligations payable solely from the revenues pledged therefor. Section 6.5. Waivers of Events of Default. Any Event of Default shall be waived upon the uritten request of the holders of (a) a majority in aggregate principal amount of Bonds then outstanding in respect of whicb default in the payment of principal and/or interest exists or (b) a majority in aggregate principal amcunt of Bonds then outstanding in the case of any other default; provided, however, that there shall not be waived without the consent of the holders of all Bonds then outstanding any Event of Default in the payment of principal of or interest on any outstanding Bonds at the date of maturity specified therein unless, prior to such vaiver, all arrears of interest or all arrears of payments of principal when due, as the case may be, shall have been paid. Section 6.6. Restoration of Piqhts after Proceedina. If any proceeding shall @e undertaken by Bondholders and thereafter shall be disccntinued or abandoned, the City and the Bondholders shall be restored to their former Positions and rights as if no proceeding had taken place. Section 6.7. D.11;1,Ction@f Pl:pseedincf_hx_FRndh2ldIrE. Anything in this resolution to the contrary notwithstanding, the holders of a majority in aggregate principal amount of the Bonds then outstanding shall have the right to direct the method and place of conducting all remedial proceedings to be taken hereunder; provided, however, that such direction shall not be otherwise than in accordance with law or the provisions of this resolution. Section 6.8. relay and Waiver. No delay or omission on the part of the Bondholders to exercise any right or power accruing upon any default or Event of Default shall impair any such right or power or shall be construed to be a waiver of any such default or Event of Default or acquiescence therein, and every such right and power may be exercised from time to time as often as may be deemed expedient. No waiver of any default or Event of Default hereunder by the Bondholders shall extend to or shall affect any subsequent default or event of default or shall impair any rights or remedies consequent thereon. Section 6.9. Remedies Cumulative. No remedy conferred hereby is intended to be exclusive of any other remedy, and every remedy shall be cumulative and in addition to every other remedy herein or now or hereafter existing in equity, at law or by statute. - 2 0 - pledge of the faith and credit of the Commonwealth of Virginia or the City. Neither the Commonwealth of Virginia nor the City shall be obligated to pay the principal of or interest on the Bonds or other costs incident thereto except from the revenues pledged therefor, and neither the faith and credit nor the taxing power of the Commcnvealth of Virginia or the CitY is pledged to the payment of the principal of or the interest on the Bonds or other costs incident thereto. Section 5.3. Op_erati2n-And Maintenance. The City shall establish and enforce reasonable rules and regulations governing the use of and the services furnished by the System and maintain and operate the System In good condition and repair. The City shall comply with all valid acts, rules, regulations, orders and directions of any legislative, executive, administrative or judicial body applicable to the System. Section 5.4. Igg2-4nL:e of Otber Obll_q2tiollE. So long as any of the Bonds are cutstanding, the City will not, without the prior written consent of the holders of the Bonds, create, incur, assume or guarantee any indebtedness or other obligation in connection with the System secured by a lien on water or sewer revenues which is superior to the lien thereon securing the Bonds. The City may, without the consent of the holders of the Bonds, create, incur, assume or guarantee any indebtedness or other obligation in connection with the System secured by a lien or charge upon part or all of the revenues of the System ranking equally with the lien and charge of the Bonds. ARTICLE VI Remedies Of Bondholders Section 6.1. Event of Default Defined. Each of the following events is herety declared an Even @of Default: (a) Failure to pay principal of or interest on any of the Bonds when the same shall become due and payable, either at maturity or upon maturity by declaration; (b) Default on the part of the City in the due and punctual performance of any of the covenants, conditions, agreements and provisions contained in the Ponds or in this resolution and to be performed by it, and such default shall have continued for 60 days after written notice, specifying such default and requiring the same to be remedied, shall have been filed with the City by the holders of not less than 50% in aggregate principal amount of the Bonds then outstanding; (c) The System or any substantial part thereof shall be destroyed or damaged and for any reason shall not be promptly repaired, replaced or reconstructed; or (d) Appointment by a court of competent jurisdiction of a receiver for the System or approval by any such court of any petiticn for reorganization of the City or rearrangement or readjustment of the City's obligation under -8- 11/14/77 2 7 - resolution to be invalid and unenforceable, such holding shall not affect any other provision hereof. Section 9.9. Effective Date. This resolution shall take effect immediately. First Reading: November 7, 1977 Second Reading: November 14, 1977 Adopted by the Council of the City of Virginia Beach, Virginia, on the 14 day of November 1977. ITEM #11463 On motion by Councilman Baum, seconded by Councilman Riggs, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: Councilwoman Meyera E. Oberndorf Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve on second reading the following resolution authorizing the issuance of $5,100,000 Water and Sewer Revenue Notes (P A CORP.) of the City of Virginia Beach, Virginia, and providing for the form, details and payment thereof: Certified to be a true excerpt from the minutes of the City Council of the City of Virginia Beach, Virginia, adopted November 14, 1977 Richard J. Webbon, City Clerk -15- 1 1 / 1 47 7 2 8- 1 1 /9 /7 7 P RESCLUTTCN AUTFCRIZINC THE TSSUANCF CF SF,,100,000 WAI-FP ANI@ '-FWEP PI-VFFtiF N'Cll--@ (r, t, CCFP.) OF TP.E CITY OF V'PCT@TA EFACI!, VIPRTN'TA, AND Pp(',V@DINC POP TF@F A.Rr PPYMFNT THrp@,C@F WHEPEAS, as: a part of a prcqrair. 'or acquiring water and sewer facilities located within the loundarie-- of the City, the City Council has deterinined tl,.at i-t is desirahl,- to acquire the sewer systems of Princess Anne Utilities Corporation and Aragona Utiliti-es Corr,cration and the water ar,.d sc-,wer system of Per.broke Ut4@liti,es, Tnc.; and WlqFPFAS, the City proposes to acquire such systems by the purchase of the stcck cf P A Corp. wbicb cwns all the stock of Princess Annc- tttilities Corporati.op., Aragona titiliti@-s Corporation and f@mbrokp Utilities, Inc. and @ollowing such acquisition to dissclve the corrorati-cns and to intf-'grate their water ard/or spwer systems into the City'.- water and sever system; and WHEPEPS, the City has entered into a contract with thc- owners of all tt@E stock cf P A Corp. for the purchasp. of such stock; and WPEREAS, the City Council by ordinarcc- adcpted cn October 24, 1977, has authcrized the i.ssuance of two separate issuep of obligations in an aggreqate !'rircipal amount not to excep.d $8,100,000 as contemplated by the f-nrecoiT).g contract, including the issuance c' water and sewc-r revenue notes in an amount not to ex,7,eed S5,100,000; BE IT ELSOLVED PY THF COUNCIL OF -HI:.' CITY OF VTPGTNIA EFACH, VTPCINIA: APTICLF I Df-,.@initions Section 1.1. Definitions. Whenever used in this . i------- resolution, unlesf a dif erent meaning clearly appears from the context, the followina wcrds and terms sball hav- the following meanings: "City" she.11 mean the City of Virqipia Peach, Virginia. "City Council" shall mean the Council of the City of Virginia Eeach, Virginia. "Event of Default" shall mean any of the events enumerated in Section 6.1. "Interest Account" shall mean the Interest Account in the Note Fund established by Fection 3.2. "Net Fevenues" shall ipean tbe revenues derived from the ownership and oppration cf the Fystem less costs olf operation, administration and insurance. 11/14/77 -29- ' "Notp Fund" -,hall mean the Water and Sewer Revenue Note Fund: P A Corp., estab'-4---hed by Section 3.2. "Noteholdpr" shall mc-an the registered owner of any Note. "Notes" shall mein water and sewer revenle notes in an aggregate principal amount not to exceed 85,100,000 authori-zed to be issued by a rescluticn adopted by the rity Council on November 14, 1977. "Sinking Fund Account" shall mean the Sinkina Fund Pccount in the Note Fund estatlished !,y Section -.2. "Stock Purchase rcntract" shall irean the acreement between Edward F. Garcia and John X. Aragona, as the owners of all the stock of P A Cerp., and the City datee (.Ictober 26, 1977. "Eystem" shall mean the water and sewer system of the City, as it may exist frcm time to time, and shall. include the sewer systems of Princess Anne Utilities Corporation and A.ragona Iltilitic-s Corporation and the water and Pewer @ystem of Pembroke Utilitic-.s, Inc. ARTICLE 11 Section 2.1. Aulh2LlzlLti2n_2f N2tes. There are hereby authorized to be issued water and sewer revenue notes of the City in the aggregate principal amount of Five Million One Hundred Thousand Dollars ($5,100,000) Lr such lesser amount as tbe City Manager may determine to be required by the Stock Purchase Contract to provide funds to finance in part the cost of acquiring certain water and sewer facilities located in the City through the purchase of all the stock of P A Corp. The Notes shall be desionated City of VirginiR Peach Water and Sewer Revenue Notes (P A Cerp.). Section 2.2. DStillk-21-ii2ttl. The Notes shall be issued as fully registered Noter without coupons in th,- denomination of S100,000 each, shall be numbered from P-1 upward, shall be .Aated December 15, 1977, shell bear interest at the rate of 6v per year, payable semiannually June ls and December 15, and shall be rayable on December 15, 2002, without option of prior prepayment. Not more than two of thv Notes may be of such other denomination as required by the Stock Purchase Contract. Both principal cf and interest on the Notes shall be payable in lavful money cf the United States of America, but only from revenues pledged to t@e payment t@.ereof as herein- after provided. Principal shall be payahle upon presentation and surrender of Notes at the main office of the City @rea- surer. Interest shall be payable by check nr draft mailed to the registered ouriers at thej.r addresses as they &PT)ear oi) the registration hooks. -2- 11/14/77 - 30- F-ctic)n 2.3. Exccutior, rf Not(-S. -he, Nctc-s shall be. E Vi 7ria Et-ach and signed !y the MaYor cf the ItY Cf rc,-i countersianed by its Cler@, and th@- City's se2l shall bc affixed thereto. q ,ecti-on 2.4. Fcrm of Nctes. Tb@ Nctes shall be in substantially th@ fc'@lcwlng 7 orm. (Fcrm of Note) No. p $100,000 The City of Virginia Peach, Virgiria, for value receivet', hereby ack,-cwledg,?E, it.@-lf irdt-.tted ane promi-se-@ to pay, without opt@-on of pri-or pr,-paynent, solely from the source and as hereinaf-c-r nrovidt-,d, to -------------------- upon presentatior and surrender @e-r-e-c-f-, -t p sup cf ON.7 Ht'NDRED THCUSANP ROLIAPF (SlOo,coO.00) on Deceirber 15, @(1,02, and to pay, solely from such source, interest herpon from the date hereof to raturi-ty at the rate cf six rercent (r@) rer year, payable or. Jun, 1", 197e, and semi- a.T,,r,ually thcr(.after cn each Jure 1E anO. r,-cember l@. Thc- rrinc-*Ipal of tb4@s note shall le paid at the mlin office of the City Treasurer. Tnterest sball b@ pai-d !y c@eck @, draft mailed to the hclder at I or such other address as may fre, tire to timc- be des@-gnatf'.d in writing filed by the holder wi-th the City Treasurfr. "oth principal and intcrest shall be pai-d in lawful monc@y of the United States of America. -ihis notc- is one of the City's @l,loc,000 water and sc-wcr revenuc- not.e-s (iiic Lecep.@.Ier 15, 2001-, isE;ue@-- @ursuant to an agreement betwpen Edward F. Garcia and John X. Aragona ("he Seller.q) anO thr- City of Virgini-a Reac7h dated Cctcher 26, 1977 (tb@? AQreement), for tbE sale by the Sellprs @,nd thp. purchase l,y the City of all the capital stock of 1- A Ccrp. as the owner of three corpcrat-'-ons orcrati.ng t2tility EyEtcTps in the City. Reference is herery made to a reso'-uti-or of the rity CouncJ.1 of the (7.ity of Virginia Peach adcptel on Novemler 14, 1977, for a desc-,r4-ptior, of th@ r,,rcperty pledqed and the rrovisions, airong ot,hers, with respect tc the nrture and --Xtent of the seclrity, t@e rights, dLti--s and chligaticns )f the ('ity, the ric.,hts of "he holders of the notes and the terms uron which the notes are i-ssued and secured. This note and thE issue. of which it is a part end the interest th,-rc-on are Ii-mi-ted oblicatirns of the City payable solely from tbe net revenues Oerived from tl.e cwnership and operation of thp City's water and sewer syster, as the. same may from ti,.Re to time exist. The City is rpouir-d to charge rates or fpes to uscrs of its water and sewer system and fix and irpintain such ret,?s o, fees at such level as will produc- sufficient revenue to pay all costs of oreratio- of sucb system and the principal o-- and in"erest on the notes and any ohliqa- tions hereto-forf or hereafter issued on ac-,court of such -ysten@ 11/14/77 - 31- ar@d @-ecured l@y @- r l@,igr rf watcr o-- scwc-r revr-nuc-S, as the sarnp rc-@pc-ctively hc--cote di)p. lhc- notes and the iriterc---t threon shall not te deerc-d to ccnstitute a dE,,It or a PIP@ce Of the faith and credit of the Commonw@alth of Vircinia or any r,olitical subd-@vision threof, including th@ City. Neither the Comnonwealth of V.i-,gi-nia ncr any politicpj subdi-v4@sicr tbereof, includina thc- City, shall be obligated to pay th- prin(,ipal 0.1 cr interest on thp notes cr cther costs incid@nt theretc c--xcept fror the revenues pledged therefor, and neither the faith and credit nor the taxing pcuer of the Commonwealth cf Virclinia or any political subdivision thereof, includinc the (7ity, is rled,ipd to thp payment of the princ'-pal of or inter@st on the notes or other costs inc4-dent theret@. The City shall have th(-. richt to offset @gainst any r)ayments of princi-ral- and interest due on tbis note any arounts due th,- City pursuant to the Fellers' indemni-,Ficaticn provision contained in the Pgreepent. The sc-cutity fcr this note is sillject tc suhstitution F,,t th- option o' the City for other security as morp srecifi- cally sE-t forth in the Agreerent. IN WI@TNF@S WHFPECF, the City of Virginia Peach, Vi.rginia, has caused this note to be sic-ed by its Mayc,,r, to he counti,rsianed by it@ Cl(-rk, i-ts seal t@ !e affixed hereto, and this note to be dated Eecember 15, 1977. 7----------- 7-7-- (SFP 11 ia--y-o-r-,--@'ity of Vireinia Teac@, Virqinia CCUNTFP IG@ED: ----------------------------- .-Ierk, City of Virginia Peach, Virginia -4- 11/14/77 - 3 2 - Section 2.5. relivc-,ry of NoteE. 11@or, th@ ftilfillment of all conditiors to thp ity's otliqations under the Stock Purchase (-ontract, the Maycr, the C4-ty !Iaracer and the (-ity Clerk are hereby autlori7ed and directeo to execute and dc--Iiver the Nctes to Edward q. Carcia and Jobn X. Aracona pursuant to 'tlie F7tock PLirc@.a@e Centract. Section 2.6. rprIacement_of_Mutilated _Icst or Destro.yed_Note. Fheuld any of the Notes becomp- mutilated or be lost or destroyed, the C@ty Council, sulject to approval of thp- State Commission on Local, Debt, Fhall cause to hF executed and delivered a new Note of like date, number and t(-ner in exchance and subetituti-or for, and upon cancellati-on of, such mutilated Note, or in lieu of and in sulstituticr for such left or destroyc-d Nolp. luch new Notp shall be executed and deliv('red only when the hclder has (a) raid all @xppns(-,s and charges in connection therewith and (b), in tie case of a lo@st or destrcyed Note, has (1) f;@led with the City Trea,@urer @vidence satisfacto@-y to him that such Nct- was 'lost or ,,Iestroyed and that he was thf, owier t@prc-cf and (2) furnished to the City TrepF;urer indemnity satisfactory to him. APTICLF ill Pevenue,-,_e,nd_@,'cte Fund Sc-ction 3.1. Revenue Covenant. The City Council covenants and ac7re(..s that so long a., any c,f tl,- Nctes arc- outstandina and unpaid th(-. City will: (a) charge rates or fees to users o' the SyEter and fix and raintain @uch rates or fees at such level as will nroduce sufficiprt revenues to pay the cost o' operation and administration, the cost cf insuranc-e acainst loss -@y i-njury to persons or prcperty and the principal of and int-rest on the Notes Pnd any oth-r notes cr tonds heretcfore OT @ereaftpt issued on account of the Syst@m and secijrf-d ly a nledgc oE water or sewer revenues, as the same res,ectivp-ly I)ecoue due; (h) arply th@ revcnucs derived from the ownersbip and operation of the Fystem in -ach fiscal year @i-rst to the paym-nt of such costs cf such operation, administration and insurance durina -,uch year, then to the rayment of the Notes ,,,nd any other bond-- or nctes herctofore C)r @erealter i!zsued on account o' the @ystem and secured by a pledce of watc-r or sewpr revenues bpcoming due in such year; and (c) segregate and ke(-p segrr-cated from all other -ity funds all revcnup-s derived from th- ownership and operation of thp System and keep propel- records and accounts therefor, separate an-d arart from all other records and acc,,)ur, t,,s . -5- 11/14/77 - 3 3- Section 11.2. Note lund. Thpre is bereby established the Water and Sewer Pevenue Nlcte Fund: P A Ccrp. which shall he held by thc City's Director of Financr and in which there are e-tablished @n Tnterest Pccount and a F'irking Furd Account. (a) @t least cne businees day bcfore each lune 15 and December 15 the City's Director of Finance s@all deposit irto the Int@rest Account from Net Pevenues sucb. amount, if any, as may be recuired tc make the total amount on depOS4.t thcrei-n cclual tc the amount of intere-@t which will become due on the Notes within the -ext succ(.eding six months. T'pe City's Director of Finance shall pay the interest on the Notes from the Tnter,-st Account as the same I-,ecomes due. The Inter(-,st Ac-.count shall b- used sclely for the paymc-nt of interest an the Notes. (I-) Pt least ore lusi-ness dey hc-for,- each Lec-.ember l@ leginn4-ng I;ecen@bcr l'-, 1991, until peyrent of the, Notes, the City's rirector )! Finance sball dpposit @E97,900 intc the Finking Fund Pccount from Net Revenuc-s. The Sinking Fund Account shall be used solely for the payment cf the principal of the Nctes (whether at maturity or otherwise). If moneys on deposit in tbc- -linking Fund Account arp Fufficient to pay the PTinCiPal Of thc Notes, nc further paympnts '.nto thF- Fund Account rurslant tc this subparacraph shall be rc.,.Puired. Section 3.3. Pledge_of Net Revenues and Note Fund. All Net Revenues ar@ horeiy pledged tc thE payment of the pr4@nc,ipal cf an interest on thp Notes and any other londf or note.- heretofore c)r hereafter issued en ;iccount of the lyster and se@-ured !y a r@lecile cf watpr or s@wer revenues. All moneys in thp Note Fund shall he trust funds and are herehy pledged to the payment of th- principal of and interest on the Not-s. The li-en and trust h@rety created ar@ for the henefif of the Noteholders and for their additional s@curity until all cf the Notes have been raid. Section 3.4. Parity_(',bligalions. The Notk'-s are on a parity with other obligations of the City hr-rEto+@re issued and -@ayable from Net @evenues. !7ubject to SEcti-on 5.4, the City reserves the riobt to issue a@di-tional bond@-, or notes Dayable from either grofs revenues or Net PevenuEs, with cr vithout a r-ledge of its full faith and credit, ranking @(!upllY with the lien and charge cf the Nctes. APIICLE IV SkL:uLity.-f-o-r --- D-e.20-si-ts_and_TLveLitmeDt of Note Fund, Section 4.1. Security_for_Depcsits. All moneys in the Note Fund and on d(-posit witt anY bank o-r--trust (-orrany in Virginia shall !e continucusly secured i-n the manner requirc-d @ly th(- Virginia @erur 4ty for Public rep,@sits Act (Chapter 23, Title 2.1, Code e-r Virgin"a of 19';O, as Prended), ()r any successor provision of 'law. 1 4 7 7 3 4 - Section 4.2. Investrent of Fujids. roneys in the Note Fund may, P(,ndinc their use, tc-. invested in (a) bonds, notes and other obligetiors cf the Tyritcd Statt-E. of Airprica and securities unconditionally cu--ranteed as to paypent e@ pri-nci-pal anfl. irt@re.,t ly tl,.e Uri@eO States c,@ Arpcrica or any aaency thereof, (I-,) savings account!7 or timp deposits in any ban@ within the Commonwealth of Vira*,,ni-a, provided s,-,ch bank is approved --For thc Ieposit cf funds by the Cormonweelth, (c) Favinas accountf and certificates of (1) savings and loan associations which are under the supervisi-on cf the Common- w(-alth of Virginia and (2) Federal asscci-ations organi7ed under the laws of the United States of America and under Federal supcrvisior,, lut only tc the extent that such accounts and certificates are ful-ly insured I,,y the Federal Favi-na-, and Loan Insurance Corporation cr any succeqsor PC-deral agercy, and (d) any other investT.,(-nts which are now or iay h-preaf ter be authori7ed by law for thc i-nvestment of r,ublic si-nkir.@,j funds. Iloneys in the Not@ rund shall not lp invested in securities or deposits maturinq later than tbe date such funds are Pxpected to be needed. Any prcl-it reali7ed frcff Fuch investments may be. use(' by tl,,e City to pay the cost of operation and admi-nis- tration of the System. Any loss rc-.--,ultin, frcm such invest- ments shall be charged tc thc Note Fund. ARTTCLE V Particular Covenants Section @.l. General. The City bereby particularly 7---- covenants and agrees with t e holders @f thp, Notes and makes provisions whic@ sball leccme a part of its ccntract with such Ncteholders as Fct forth in the following sections of this articlc. Section '@.2. Payffent_of_Notes. The City shall pay the princi-pal of and intf-rest on the Notes as tbe same ])ecome due and -@hall observe and rerform all covenants, conditioT)...- end agreements containee in the Notc-s and this refolution; pro- vided, however, that such cbligations are not general obligations of th@ City !,ut are limi-ted cbliqations payable solely from the revcnues pledced therefor. The rotes and the interest thereor shall nct he de,,med to constitute a debt or a pledge of the faith and credit of the Cormonweal.th of Virginia or the City. Neither the Commonwealth of Virqinia nor the City shall be obligat@d to pay the principal c,@' or interest on thf.,, Notes or othc-r costs incident thereto except from the revenues pledgcd therefor, and neither tbe faith and credi-t nor the taxin,3 Power of the Commcnwealth of Virainia or the City is r,lpdged to thp I.,aymcnt cf the. principal of or thp interest on the Notes or other costs incident th@r4-,tc. Section 5.3. OReration and Maintenance. The City sball establish and enforce reasonable rules and regulations qoverning the use of and the Fervices furnish@d by +be Fystem and maintain and operate the Fyst,-m in gcoo condition and repair. The City shall ccmply with all val-*.d acts, rules, regulations, orders and directions of any lf-,cislativp, executi-ve, admi-ristrative or --iudicial body arrli-callc- tc the -7- 11/14/77 3 5 - Syster. Section 5.4. Issuance of Other Oblications. So long as any of the Nctes a-@-e--c-u-t-s-ta-nding, the CiIty --- w-i-li-not, without the prior written consent of the holders of the Notes, create, incur, assure or ouarantee any indebtedness or other obligation in connection with the SyFter secured by a lien on water or spwer revenues whicb i-s superior to tbe lien th,--reon securing the Notes. The City may, without the consent of the holders of the Notes, create, incur, assume or quarpntee any indebtedness or other obligation in ccnnection with the System secured by a lien or cbarge upon part or all of the revenues of the System ranking equally with the lien and charge of the Notes. ARTICLE VI Remedies Of Notebolders Section 6.1. Event of Default Defined. Each of the following events is herety declared an Fvent cf Default: (a) Failure to pay principal of or interest on any of the Notes when the same shall become due and payable, either at maturity or upon maturity by declaration; (b) Default on the part of the City in the due and punctual performance o@@ any of the covenants, conditions, agreements and provisicns contained in tbe Notes or in this resolution and to be performed by it, and such default shall have continued fcr 60 days after writt,-n notice, specifying such default and requiring the same to be remedied, shall have been filed with the C4@ty by the holders of not less than 50% in aggregate PrinciPal ancunt of the Notes then outstanding; (c) Tbe System or any substantial part thereof shall be destroyed or damaged and for any reason shall not be promptly repaired, replaced or reconstructed; or (d) Appointment by a court of coopetent juris- diction of a receiver for the System or approval by any such court of any petition for reorganization of the City or rearrangement or readjustment of the City's obligation under the provisions of any applicable bankruptcy laws. Section 6.2. B2medies_upon_Defallt. TJpon the happening of an Fvent cf Default, the Noteholders shall have the fol-lowing riobts and remedie-@: (a) The holders of not less than 50% in aggregate principal amount of the Nctes then outstanding may, by written notice filed with the City Manager, declare the nrincipal of the Notes then outstanding to be immediately due and payable, and upon such declaration such Notes shall become and be immediately due and payable, anything in the Notes or in this resolution to tbe ccntrary notwithstanding. If, however, the City shall thereafter make good such default and any other default hereunder (excert default in payment of principal of the Notes so declared payablr) the holders of not less than 20% 11/14/77 - 3 6 - in aggreqatc @rincipal arcunt of the Notes th-n outstanding E@hall, by nrtice in uriting fi2pd with the City Yarager, resc'@nd and anntil such d-claration and all i-t, c@n-@ecuences, hut no su,-h resc'-ssicn cr annulment shall- affect any subspquent d-fault or ri-ght re'-ativp thpreto. (I,,) Thp hclders of not less than 507 in aggregate principal amount rf the Notes then outstanding may proceed to rrotect and Pnforce the rights of the Noteholders bY a suit, action or special proceeding in equity or at law, either for the specific performance cf any covenant or agr,?ement or execution of any power, cr for th, (-nforcement of anY ProPer legal or equitatle remedy as may be deemed most effectual to protect and enforre such riuhts. Section C.3. ApEli(7ation of II.Oneys. All monc-,ys - 7 received pursiiant to any right civen cr action taken und,,,r thc- rrovisions of thi-s article shall, after rayppnt of the cost and expe,nses .f thp proceedings resulting in the collection of such moneys, be d(-posited in tbe Note rund, and all ncneys in the Note Fund shall he applicd as follows: (a) T'nless the principal of all the Kotes shall have become or shall have been declared due and payable, all such moneys sball be applied to tbe payment to the persons entitled thereto of all 4@nstallments of interist then due on the Notes, in th(- order cf the maturity of the i-nstallments of such interest and, if the amount availablc shall not b,- sufficient to pay in full any particulat instailm.@nt, then to the payment ratally, acccrding to the amounts dup- on such i-nstallinent, to the persrns entitlpd th,-reto, without any dis- crimination or privilege. (h) If the Trincipal of all the Notes shall have become due or shall have been declated due and payable., all such moneys shall be applied to the payment of the principal and interest then due and unpaid upon the Notes, without r)reference or priority cf principal over intcrest or of interest over pri-ncipal, or of any installmr--nt of interest over any other installment cf interest, ratably, according to the amounts dut,- .-espectively fcr interest and principal, to the pcrsons Pntitled thereto, without any di---crinination or privilege. (c) Tf the principal of all the Notes shall have bcen declared due and payable and if sucb declaration shall thereafter have been rescinded and annulled under the provisions of thi-@ article, then, subject to the provisions of subsection (b) o@ this section in the event that the principal of all the Notes shal@l later lecome due or be declared dup- and payable, the moneys shall be appli-ed in accordance with the provisions of subsecticn (a) of this section. Whenever moreys are to be applied pursuant to the provisions of this secticn, such moneys shall be appli,-d at such times and from tive to time, havina due regard to the amount of such moneys availabl-e for application and the likeli- hood of additional moneys b,--coming avail@able for such application in the future. Wbenever sucb ron-ys shall be applied, a date shall be fixed (which shall h@ an interest -9- I 1 47 7 - 3 7 - rayment datc- un2ess ancther date shall he morc suitahle) upon which suct, applic@tion i!z to be mad.- ard upon such datp interest on the 7tmounts cf principal to he paid on such dates shall cease to acc-ue. Such not'.ce as al-propriate shall be r,E!de of the der-c-,it of any such monev., and o:F the fixina of any .@uch date, ard no payment shall he required to @p maee to the holder of any Ncte until such Not- shall be presented for ar)propriate (-.nOcrsement cr for canc(..Ilation i-l-F fully paid. Section 6.4. Festriction-on-Inderend4,nt !7uits. No ----- 7-T --- 0--n ------ Notpholder shall. have any rig t t i stitute any suit, action or s-lecial proceeding in equity or at law for the execution of any trust hereurder or fcr any otber remedy hereunder except as herein provided. It is understood and intended that no Noteholder shall have any right in any manner wbatever by his action to affpct, distur@ or prc-judice the securi-ty of this resolution or te @nfor-e any right hereunder except in the manner herein prcvided and tbat all proceedinas in equity or at law shall be instituted, had and inairtained in the MR.Pner herein T,,rovided and -'or the benc@fit of all Noteholders. Nothina in thi-s resolution or in the. @,lctes s!iall affect or impair the obligat4-cn cf tie City, which is absolute and unconditional, tc pay when the same shall rpspectiv(..ly hecome. due ard payable end at tbe placc rrovid(-d tberein tht,- principal of and interest on each cf the Notes to the respective holders thereof, or affect cr impair the right of act4-on, which is also absolute and unconditional, of any holder to enforce, such payment of his Note; provided, @owever, that @uct,. rblications arp not general obligaticns of the City but are liirited cbligations nayable solely from tbe revenues pledged therefor. Section @.S. Waivers of Fvents of-Ec-fauit. Any Fvent 7------- ------- of Default shall le Walved upon the written request of thE,, holders of (a) a majority in aggregate principal amount of Nc,,tes then outstanding in respect of whi-ch default in th- payment of principal and/cr interest exists or (b) a majority in aggregate principal amount of Notes then outstandina in the case of any other default; provided, howevpr, t@,at tbere shall not be wai-ved without the con-qent of the holders of all Notes then outstanding (1) any Event of I)efault in the payment of rrincipal of any outstanding Notes at the date o.' maturi-ty .,pecified therein cr (2) any default in t,@c- p@-yrmnt when due of thp interest on @ny such Ncte.- unless, prior to such waj.ver or rescission, all @rrears cf interest or all arrears of payments of rrinci-p@l wh-P, due, as the case may hp, shall have been paid. Section 6.6. Pestcration_of_Pic@,ts after Proce-edinq. if any proceedino, shall te undertaken by Noteholders and thereafter shall he disccntinued or abandcned, the City and the Noteholders shall he restored to their former positions and rights as if no r.-oceeding had taken place. Section 6.7. Direction of Proceedin2s_by_NotpboldeLs. 7- - Anything in this resoluticn to the c--ontrary notwithstanding, the bolders of a majority in aggregate principal amount of the Notes then outstanding shall have the ri--Iht to direct the method and Tlace of conductina all remedial prcceedings to be taken herc-under; rrovided, however, that such direction shall 11/14/77 - 3 8- not be otherwisc than in accordance with law or th(.- @@rovisions of this rescluticn. Sectir,n 6.F. relay_and_Waiver. No delay or orission iders to ---- on the part cf tFe Notehc exercise anv richt or power accruing uron any default or 7vent of Default shall im@-air any such ri@ht or pcwpr or shall be. c@nstrued to he a waivp-r of anY such default or Fvent cf Lefault or acquiescence therein, and every such right and pcwer may @e exercised from tine to time as often as may le deemem exredient. No waivr o-' any default or rvcnt of Defaul-t hereunder by thp NotEholders -,hall exter.,d tc) or shall affc-ct any subsequent default or ven" of default or shall impair any rights or remedies consequent thereon. Sectior- 6.9. F;--medips_Cumulativ-. Ne rpmedy conferred hereby is intended to be exclusive of any other remedy, and every remedy shp.11 be cumulati.ve and in addition tc @very other remedy herein or now cr hereafter existinc in equity, at law or hy statute. APTICLE VII Amendments Sect,'-on 7.1. Amendments without Consent. The City Council shall have the r-ight, from time tc time, without the consc-nt of any rf the Noteholders to adopt resolut4-ons supple- mental hereto, not inccnfistent with thE-, terrs and provisions hereoll: (a) to cure any ambiguity or formal defect or omission or tr, corr(-ct any inconsistent provisions in this r@solution or ir any supplemental resolution; (1) to grant to or confer upon the Noteholders any additional lawful right, remedy, power, autho-ity or security; a rd (c) to add cther covenants and agreements to be observed by the rity Ccuncil or to surrender any richt or power h@rein reservc-d to or conferred upon the City Council. Section 7.2. Am=ndments_Peauirinc_Ccnsent. (a) The holders of not less than' two-thirds in acgrc-gate princj.p-al amount of the Notes then cutstanding shall have the richt, from time to tine, but only pursuant to this section, to consent to and approve the adoption cf such resolution or resolutions supplemental hereto as s@.all he deemed necessary or desirable by thp City Counc,@l for the ptirpose of ],CIifying, altering, amending, adding to cr rr--scindina, in any particuIL4,.-, any of the terms or provisions ccntained in this resolut4-on or in any stipplemente.1 resolutioi,; provided, how,-ver, that nothing herein contained shall Fermit or be construed as permitting (1) an extension of the maturity of any install-ment of principal or interest on any Note, cr (2) a reducti-on in the nrincipal amount of any Note or the rate of intereet thereon, or (3) the creati-on of a lien upon or a pledge of revenues other than the lien and r,ledge created by this resolutioy,, or (4) a Preference 11/14/77 - 3 9 - or priority of any Note cr Notes over any othe'r Ncte or Notes, or (@1) a reducti-@n in the- principal amount of Notes required for consent to such supplemental resolution. Nothing hpreir. contained, however, shall he construed as making necessary the approval by Notc-holders cf the adoption cf any supplemental resolution authcrized by !zection 7.1. (b) The Notes and the Itock Turchase Contract provide that the security tberefor is suhject under certain conditions as set forth in the Stock Purchasc- Contract to substitution at thc-- opticn of the City. The holders of not less than 90@ in aggregate principal amount of the Notes thc-n outstanding must approve the adoption of such resolution or suppleTne,ital re-,olutions as sha2l b,-- deemed necessary Iy the City Council for 'he purpcse of @ubstituting such security. if Fdward S. Garcia and John X. Aragona (their personal represen- tatives, trustees, heirs, legatees, beneficiaries or descen- dants) are no lonaer hclders of any of the Notes, such approval shall not be LnreEsonably withheld so lrncy eq the new -@pcurity for the Notes is of suhstantially equal value to the security bping substituted. So Icng as they are holders of Notes, the approval of such substitution by Fdward S. Cercia and John X. kragona shall be conditi-cned as set forth in tbe Ftock Purchase Contract. Section 7.3. Adcption_lnd_Con@Ert_to_Ar,-ndment. Upon the adoption of any supplemental resolution fcr any of the piirpo--,es of Secti-on 7.2, a c,?rtified copy thereof shall be filed in the of-'i-ce of the City Clerk for inspection by any Noteholder. The City Clerk shall cause a copy of such supplemental resolution cr a surmary thereof, together with a re.quest to thc-. ?Tole@.rlders for their cer@sc-nt thereto, to be sent ),y registered or cL-rtifi-ed irail to cach Noteholder at his address as it appears cn the regi-.@tration books. Ill, within 60 days or such lon-er period as shall be prescribed ty the City Council followina the givina of sucb nofice, be ('.ity Council shall file in itp officp- an instrupent or instruments dn w-iting purporti-n@ to be. executed by the holders of not less than two-thirds in aqcrpaate principal anount of the Nc.,tes thc,.n outstanding, which shall refer to the supplemental resolution and shall specifically ccnsent to and aprrove the adoption thereof, togeth@r with a certified copy of such @upplerental r-solution Fnd, tle written opl-nion nf counsel for the City stating that such resolution has been duly adopted, is authorized or permitted by this rc-solution and is valie and legally binding ijpon the City and en"orceable in accordance with its terms, such supplemental resolution shall thereupon te effective as to the hclders of all the Notes then outstanding, whether or not ruch bolders shall have consented thereto. Section 7.4. 4rgndm.Qnt_))y TIan rous Consent. Notwith- standing any othcr provision herein, th@, City Council may amend any term or provision of this resolution cr any supplemental resolution upon adopticn cf a supplemental resolution end the filing of certified ccpics of such supplemental resolution, together with thc written consent therete of the holders of all tbe Notes then outstandina, as prcvj,ded in @ection 7.3. -12- 11/14/77 - 40 - Section 7.@. Effect of Amendments. This resolution shall I,.e de(,red rodified and amended, and th,- respective rights, duties and obligations hereunder cf the City and all holders of the Notc-s then outetandin@ shall be determined and enforced under tbe provisions of thi.@ resclution, as so modified and amended, upcn thp effective date. cf any amendment as provided in thi-s article. ARTICIL VIII I)efeasance Secti-on P.l. Dischar.2e_upon_FayEent_cf-Notes. If thc- Notes shall have become due and payable in accordance with their terms or ot 'I'ervise as provided in t@lis resolution and the full amour,@t o+/- tl,C rri-ncipal and interest so due and payable upo,,i all the Notes then cutstanding --hall have. I)een pajd at the time and in the manner prcvided therein and in this resolution, or if the Note Fund contain-- cash or noncallable direct ohligations )f the ITnited States of Ainerica the L)rinciral of and int(,rest on whit7,h at maturity will Ie sufficient to pay at maturi-ty the princi-pal of and intcrest on all Notes thpn outstanding, then the riqht, title and interest C'f the NoteholderF in thc moneyf, funds and securities Pledged under thiF resolution and all ccvenents, aarEpTents an@ other obligations of the City to the Noteholderq un(',(-.r this resolution shall cease, terminate and he void and the CitY shall be discharced from its obligaticns hereunder. In such event all mot).eys and securities not required for the payrert of principal and int-rest cn the Notes may he us(,d by the City for any lawful purpof@. APTICIP "Y Miscellaneous Section 9.1. Contract with Noteholders. The pro- -7------ ---- visions of this r@-,oluticn sball constitute a c(-,ntract between the City and thc- Notehclders for so long as any of the Notes a.-e outstanding. Section 0.2. AlithcEit.X_2f_Officers and-Acents. Tbe officers and agents of thc City shall @o al acts and things required of ther by this resolution ard the Notes for th(.@ complete and punctual performance of all the terms, covenants and agreements contained therein. Section 9.3. Filinq_of_Pesolution and Publication of @-7 Notice. The City Cler -IS hereby authorizc-d and directed to see to tbe imrediat(-- filing of a certified cory of thi-- resolution with the Circuit Crurt of the City cf Virgiria Peach and withiri ten days thereafter to cause to bE@ published once in a newspaper hav4l.ng general. circtilation ir, thp City a nctice setting fcrtli (1) in @,rief and general t@rm.-, thp purpose for which the Notes Fre t,,) bc ise-.ued and (I-) thc- amount cf thp Notes. -13- 11/14/77 - 4 1 - Section @.4. limitation_of Fi2bts. Nothing expressed or mentioned in or to be implied from this resolution or the Notes is intended or shall be construed to cive to any person or company other ther the parties heretc and the holders of the Notes any legal or equitable right, rfmedy or claim under or in respect to this resoluticn or any covenants, cond4-tions and agreements herein contained in this resolution, and all of the covenants, cond4-tiors and agreements hereo-I are intended to be and are for the Fole and exclusive henefit of the City and the hol.ders of the Yotes as berein provided. Section 9.5. Nctice. Any provision in this resolution for the qivina, filing, mailing or delivery of notice or other papers to the City shall he deemed fully complied with if and when such notice or otber papers are sent by first class registered or certified mail, return receipt requestt-,d, to the City Attorney of the City cf Virginia Feach, Funicipal Center, Virginia Peach, Virginia 2.3416. Section 9.6. Beadincs. Any headings in this rc-solution are solely for convenience of reference and shall not constitute a part of the resolution nor shall they affect its meaning, construction or effect. Section 9.7. Conditions Precedent. lipon the issuance ol@ any Notes all acts, ccnditions and things required hy the Ccnstitution and statutes of tbe Commonwealth of Virgiria or by thJs resolution to hav,-- happered, exist and to have leen performed precedent to or in th@ issuance of such Notes shall have happened, Exist and have been performed. Section 9.8. Severability. Tb-c- rovisions of this ----------- - resolution are bereby declared to be severable. If any court of competent jurisdicticn shall hold any provision of this resolution to he invalid and unenforcealle, sucb holdinq shall not affect any other provision hereof. Section 9.9. Effective Date. This resolution shall take effect immediately. First Reading: November 7, 1977 Second Reading: November 14, 1977 Adopted by the Council of the City of Virginia Beach, Virginia, on the 14 day of November 1977. Certified to be a true excerpt from the minutes of the City Council of the City of Virginia Beach, Virginia, adopted November 14, 1977 Richard J. Webbon, City Clerk -14- 11 /14 7 7 ITEM #11464 Petition of Michael E. Bowerman and Joseph L. Lyle, Jr., for a Change of Zoning District Classification from R-6 Residential District to A--T Apart- ment District on certain property located at the Northwest corner of A Street and Barberton Drive, running a distance of 195 fie"-,along the North side of A Street, running a distance of 91.14. f6et a-,T@6q the Western property line, running a distance of 70.26 feet in:an Eastel.-Ily direction, running a distance of 15 feet in a Southerly direction, ruhhing a distance of 125 feet in an Easterly direction and running a distance of 70 feet along the West side of Barberton Drive. Said parcel contains .34 acre. (Woodland Area). LYNNHAVEN BOROUGH. Planning Commisson Recommendation: A motion was passed unanimously by the Planning Commission by a recorded vote of 13 to approve this request. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinance. 2. City water and sewer. A 6 inch water main is available, however, an extension from Old Virginia Beach Road along Barberton Drive by the developer is necessary. Mr. H. Calvin Spain, Attorricy, appeared on this petition On motion by Councilman Griffin, seconded by Councilman Baum, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. lienry McCoy, Jr., Councilwoman @leyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. WaLerfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice 14ayor Patrick L. Standing City Council voted to approve the following ordinance upon petition of Michael E. Bowerman and Joseph L. Lyle, Jr., for a @n (I of Zoning District Classification from R-6 Residential District to A-1 Apartment District: ORDTNA,NCE UPON PETITION OF MICHAEL E. BO@QERMAN Al\'D Z01177290 JOSEPH L. LYLE, JR., FOR A CliAl\'GE OF ZO',41NG DISTRICT CLASSIFICATION FROM R-6 Residential District TO A-1 Apartment DisLrict BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGliqlA BEACH, VIRCINIA, that: Petition of Michael E. Bowerman and Joseph L. Lyle, Jr., for a Change of in District Classification from R-6 Residential District to A-1 Apartment District on certain property located at the Northwest corner of A Street and Barberton Drive, running a distance of 195 feet along the North side of A Street, running a distance of 91.14 feet along the Western properly line, running a distance of 70.26 feet in an Easterly direction, running a distance of 15 feet in a Southerly direction, running a distance of 125 feet in an Easterly direction and running a distance of 70 feet alon.@ the West side of Barberton Drive. Said parcel contains .34 acre. (Woodland Area). Lynnhaven Borough. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinance. 2. City water and sewer. A 6 inch water main is available, however, an extension from Old Virginia Beacli Road along li@irb@rton I)rj.ve by the develoi)cr is @,ec-ess@iry. This ordinance sliall be effective upon date of adoption. Adopted by the Council of the City of Virgillia Beach, Virgillia, on the 14th day of November , 1977. 11 /1 47 7 ITEM #1-1.465 1; I Petition of Dadson Investment Corporation, for a Chanqe of Zoninq District Classification from R-6 Residential District to Apartment Dis certain property located 20 feet East of Pleasure flouse Road beginning at a point 186 feet North of North Greenwell Road, running a distance of 226.66 feet along the Western property line, running a distance of 394.26 feet along the Northern property line, running a distance of 110.26 feet along the Eastern property line and running a distance of 438.48 feet along the Southern property line. Said parcel contains 1.572 acres. BAYSIDE BOROUGH. Planning Commission Recommendation: A motion was passed by the Planning Commission by a recorded vote of 11 for the motion, I against and 1 abstention to approve this request for A-1 Apartment District. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinace. 7 ritv watpr and sewer. On motion by Councilman Cromwell, seconded by Councilrnan McCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Rob@,t B. Cromwell, Jr., John R. Griffin, May.r Clarence A. Holland, J. Henry McCoy, Jr., coun,ilw,,an Meyera E. Oberndorf, j. Curtis Payne, Roger L. Riggs, and Floyd E. waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice Mayor P,,trick L. Standing City Council voted to approve the following ordinance upon petiti,, of Dad,,,,,, Investment Corporation for a n e 2f Zon_in- DiSLrict Cia,sification fro, R-6 Residential District to A-1 Apa,tment District (a m A-2 Apartment District). ORDINANCE UPON PETITION OF DADSON INVESTMENT Z01177291 CORPORATION FOR A CHANGE OF ZONING DISTRICT CLASSIFICATION From R-6 Residential District to A-1 Apartment District (a ,difi,@ti.,, from A-2 Apartment District) BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA, th@L: Petition of Dadson Investment Corporatio, for a n e 2f in District Classifi cation from R-6 Resid@ntial District to A-1 Apart.nt District (a modification from A-2 Apartment District) n e,tain property located 20 feet East of Pleasure House Road beginning at a point 186 feet North of North Greenwell Road, running a distance of 226.66 feel along the Western property line, running a distan,e )f 394-26 feet along the Northern property line, running a distance of 110.26 feet along the Eastern property line and running a distance of 438.48 fe,t long the Soutliern property line. Said parcel contains 1.572 acres. Bayside Borough. For the information of the applicant, prior to Lhe issuance of a buiiding permit, the following will be required by the administralive st,ff: 1. Standard improvements as required by the SiLe Plan Ordinance. 2. City water and sewer. This ordinance shall be effective upon date of adol)tio@. Adopted by the Council of the City of Vir@,i.nia Beach, Virginia, on @he 14 day of November 1977. 1 11 4 7 7 ITEM #11466 Petition of Hiram L. Overstreet for a Chanqe of Zoninq District Classifi- cation from R-8 Residential District to I- Light Industrial District on certain property loca*ed on the North side of I-andstown Road beginning at a point 618.35 feet East of Princess Anne Road, running a distance of 74.40 feet along the North side of Landstown Road, running a distance of 1127.03 feet along the Eastern property line, running a distance of 74.40 feet along the Northern property line and running a distance of 1127.03 feet along the Western property line. Said parcel contains 1.92 acres. PRIN- CESS ANNE BOROUGH. Planning Commission Recommendation: A motion was passed unanimously by the Planning Commission by a recorded vote of 12 to approve this request. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinance. 2. City water and sewer. 3. A buffer is to be provided alonq the Western property line, Mr. Thornas C. Broyies, Attorney, represented the petitioner On motion by Councilman Payne, seconded by Counciiman Waterfield, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice mayor Patrick L. Standing City Council voted to approve the following ordinance upon petition of Hira. L. OverstreeL for a n e of Zoning District Classification fro, R-8 Re,id,nti,l District to T-1 Light IiiTu-strial istrict. ORDINANCE UPON PETITION OF lil@l L. OVERSTP@EET Z01177292 FOR A CHANGE OF ZONING DISTRTCT CLASSIFICATION FROM R-8 Residential District TO 1-1 Light Industrial District BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA, that: Petition of Iliram L. Overstreet for a Cha-nle of in District Classification from R-8 Residential District to 1-1 Light InTustrial District on certain property located on the North side of Landstown Road beginning at a point 618.35 feet East of Princess Anne Poad, running a distance of 74.40 feet along the '@orth side of Landstc)wn Road, running a distance of 1127.03 feet long the Eastern property line, and running a distance of 74.40 fet along the Northern property line and runiiing a distance of 111@7.03 feet along the Western property line. Said parcel conlains 1.92 acres. Princess Anne Borough. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by tlie Site Plan ordinance. 2. City water and sewer. 3. A buffer is to be provided along the Western property line. This ordinance shall be @non daL@ oF @iorion. Adopted by the Council of the City of Vir,.inia Beach, Virginia, on the 14 day of November 1977 1 47 7 - 4 5 - ITEM #11467 Petition of Alvin L. and Lelia M. Thompson for a Chanqe of Zoning DiSStrict Classification from R-6 Residential District to B-2 Community-Business District on certain property located on the South side of Indian River Road beginning at a point 754 feet East of Kempsville Road, running a distance of 153.54 feet along the South side of Ind 4an River Road, running a distance of 250 feet along the Eastern property line, running a distance of 165 feet along the Southern property line and running a distance of '250 feet along the Western property line. Said parcel contains .9 acre. KEMPSVILLE BROUGH. Planning Commission Recommendation: A motion was passed unanimously by the Planning Commission by a recorded vote of 13 to deny this request. It was felt that approval of this request would encourage strip commercial development along Indian River Road and an adequate amount of property zoned for commercial uses currently exists in this general area to serve the shopping needs of residents. Mr. H. Calvin Spain, Attorney, repr,@3c@ntd ri, Iet i tio tier The following appeared in opposition: Mr. Bob Woodward, Lake Christopher Homes Assoc4@ation - presented petilions Mrs. Mary Broom, Lai@e Cliristopher residenl On motion by Councilman McCoy, seconded by CouTicilman Riggs, and by recorded vole as follows: Ayes: Councilmen Robert B. Cromwell, Jr., Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, and Roger I,. Riggs Nays: Councilmen Jolin A. Baum, Jolin R. Griff4l,i, J. Ct@rtis Payne, and Floyd E. Waterfiel-d, Jr. Absent: Councilmen George R. Ferreil, and vice Mayor Patrick L. Standin'. City Council voted to denv the above petition of Alvin L. and Lelia M. Thompson for a Change of Zoning Distri.ct Classific@itioia from R-6 Residential District to B-2 Cominunity Business District on cerlaiii property located on the Soutla side of Indian River Road beginning aL a point 754 feel East of Kempsville Road, running a distance of 153.54 feet along the South side of Indian River Road, running a distance of 250 feet along the Eastern property line, running @ dislance o@@ 165 feet along tlie Soutliern I)roperLy I.ine and ru,iiijig i distance of 250 fcet alc)iig the Western property line. Said parcel contains .9 acre. Kc@mpsvilic Borou,-h Petition was denied as it was felt that approvel. of tliis request would encourage strip commercial development along Indian River Road and an adequate amount of property zoned for ccmmercial uses currently exists in this general area to surve the shopping needs of residents. T'I'l-,M 11411468 Application of Sterling Decker and Lyle Mosier for a Conditional Use Permit for a skateboard park, concession, club room and sales office on certain parcels located on the North side of Shore Drive. Parcel 1: Located at the Northeast corner of Shore Drive and Jade Street, running a distance of 219.29 feet along the North side of Shore Drive, running a distance of 280 feet along the Eastern property line, running a distance of 264.84 feet along the Northern property line and runnirig a distance of 280 feet along the East side of Jade Street. Parcel 2: Located at the Northwest corner of Shore Drive and Jade Street, running a distance of 86.97 feet along the North side of Shore Drive, running a distance of 140 feet along the Western property line, running a distance of 96.49 feet along @@he Northern property line and running a distance of 140 feet along ttie West side of V'ade Street. Said parcels contain 1.8 acres more or less. Plats with more detailed information are available in the Department of Plarning. LYNNHAVEN BOROUGH. Planning Commission Recommendation: A motion was passed unanimously by the Planning Commission by a recorded vote of 12 to approve this request. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinance. 2. City water and sewer. An extension of the 15 inch gravity sewer on Page Avenue will be necessary. 3. A severe drainage problem presently exists at this site. Develop- ment will require the installation of the necessary drainage facilities. 4. Stormwater runoff from this site is to be taken northward to Chesapeake Bay. 5. Access to this site is to be limited to Jade Street only. 6. Street improvements to Shore Drive and Jade Street are to include pavement widening, curb and gutter, sidewalk and drainage facili- ties. 7. Parking at a minimum of 1 space per 1,000 square feet of skate- board surface area. 4 7 7 r 'ru ly yours, @an Le Chairman RDL/Igl 4 7 - On motion by Councilman Riggs, seconded by Councilnan Waterfield, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., Jolin R. Griffin, Mayor Clarence A. Holland, J. lienry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Rig@.s, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to adopt tlie following resolution upon application of Sterling Decker and Lyle Mosier for a Conditional Use Permit for a skateboard park, concession, club room and sales office on certain parcelt located on the North side of Shore Drive: RESOLUTION UPON APPLICATION OF STERJ@ING DECKER R01177145 AND LYLE MOSIER FOR A CONDITIONAL USE PERMIT FOR A skateboard park, concession, club room, and sales office BE IT RESOLVED BY TIIE COUI@CIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA, that: Application of Sterling Decker and Lyle Mosier for a Conditional Use Permit for a skateboard park, concession, club room and sales office an certain parcels located on tlie North side of Shore Drive. Parcel 1: Located on the Northeast corner of Shore Drive and Jade Street, running a distance of 219.20 feet along the North side of Shore Drive, running a distance of 280 feet along the Eastern property line, running a dis- Lance of 264.84 feet along the Northern property line and running a distance of 280 fect along the East side of JadE, Street. Parcel 2: Located at the Northwest corner of Shore Drive and Jade Street, running a distance of 86.97 feet along the North side of Shore Drive, running a distance of 140 feet aloiig the Western property line, rtinning a distancc, of 96.49 feet along the Northern property line and running a di.stair-e of 140 feet along the West side of J,de St,,et. Said parcels contain 1.8 acres more or less. Pl.ats with more detailed information are available in the Department of Planning. Lynnhaven Boratigh. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinance. 2. City water and sewer. An extension of the 15 inch gravity sewer on Page Avenue will be necessary. 3. A severe drainage problem presently exists at this site. Develop- ment will require the instal.lation of the necessary drainage facilities. 4. Stormwater runoff from this site is to be taken northward to Chesapeake Bay. 5. Access to this site is to be limited to Jade Street. 6. Street improvements on Shore Drive and Jade Street are to include pavement widening, curb and gutter, sidewalk and drainage facili- ties. 7. Parking at a minimum of 1 space per 1.,000 sqiiare feet of skate- board surface area. This resolution shall be effective upon date of adoption. Adopted by the Council of the City of Virgi,iia Beach, Virginia, an the 14 day of November 1977. 11 1 47 7 ITEM #11469 Application of Creative Displays, Inc., for a Conditional Use Permit to erect two 12-foot by 50-foot signboards on certain property located on the West side of South Lynnhaven Road, beginning at a point 750 feet North of Homespun Avenue, running a distance of 810.24 feet along the West side of South Lynnhaven Road, running a distance of 280 feet in a Southwesterly direction, running a diStaTIce of 280 feet more or less in a Southerly direction, running a distance of 215 feet more or less in an Easterly direction, running a distance of 220 feet more or less in a Southerly direction and running a distance of 430 feet more or less along the Southern property line. Said parcel contairis 5.024 acres more or less. LYNNHAVEN BOROUGH. Planning Commission Recommendation: A motion was passed by the Planning Commission by a recorded vote of 10 for the motion and 2 against to approve this request. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: Compliance with Article 2, Section B and Article 9, Section 914 of the Comprehensive Zoning Ordinance pertaining to sign regulations and the provision that no outdoor advertising sign shall exceed 300 square feet of surface area. Mr. Phil Lomax appeared regarding Llii@ al)plic@ition. On motion by Councilnian Waterfield, seconded by Councilrian Baum, and I)y recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman @leyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. @;ays: None Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to defer for two weeks the application of Creative Displays, Inc., for a Conditional Use Permit Lo erect Lldo 12-foot by 50-foot signboards on certain property loc@q@d n he West s@de of South Lynnhaven Road, beginning at a point 750 feet North of llomespun Aveliue, runni.ng a distance of 810.24 feet along the West side of South Lynnhaven Road, runiiing a distance of 280 feet in a Southwesterly direction, running a distance of 280 feet more or less in a Southerly direction, running a distance of 215 feet more or less in an EasLerly direction, running a distance of 220 feet more or less iii a Southerly direction and running a distance of 430 feet mare or lcss along tl) Southern property 1-ine. Said parcel contains 5.024 acres more or less. Lyiinhav n Borou@lh. 1 1 / 1 41/ 7 7 ITEM #11470 Application of Westminster Canterbury of Hampton Roads, Inc., for a Conditional Use Permit for a home for the dged on certain property located at the Nort@iwest corner of Shore Dr@ve and Starfish Road, running a distance of 680 feet along the North side of Sliore Drive, running a distance of 1025 feet along t@ie Western py,operty line, running a distance of 680 feet more or less @ilorig ti-,c-, Northern pi-ope@-'Iy line and running a distance of 1066 f-.et along tlie E,,.stern property 'iine of which 500 feet is the West side of Starfish ',',oad. Said parcel contains 14.9 acres. LYNN- HAVEN BOROUGH. Planning Commission Recommendation: A motion was passed by the Planning Commission by a recorded vote of 12 for the motion and I abstention to approve this request. For the in-formation of the applicant, prior to the issuance of a building permit, the following will be required by the ad,,ginistrative staff: 1. Standard iiflprovenients as recviired by the Site Plan Ordinance. 2. City water and sewer. 3. No structure is permitted to extend seaward of the 6 foot mean sea level contour line. 4. Bulkheading must be ai)proved by the City Engineer's Office and shall have a ininimum top elevatioii of 12 feet mean sea level. It is recomm-.rided tha@ the existing pi-imary dune be left intact t@o the extent possible, and deveiopment be constructed landward of -'he dune. 5. A median opening on Shore Drive, located 500 feet west of Starfish Road, and a left-turn lane are to be provided. 6. Street improvements to Shore Drive and Starfish Road are to include pavement widening, curb and gutter, sidewalk, and drain- age facilities. 7. Development will require the installation of necessary drainage facilities and sto@-mwater runoff froin the site is to be directed northward to Chesape-ake Bay. S. Provision of fire protection measures in accor@dance with City fire protection regulations for structures for older adults. 9. The site plan shall indicate 420 parking spaces with 50% to be provided during initial construction and reservat4@on of the remaining 50% for future park 4ing. 10. The maximum permitted height shall be 165 feet. ITEM #11471 COUNCILMEN CROMWELL AND MCCOY LEFT CHAMBERS Application of Harry E. Thorns for a Conditional li'se Permit to board horses on certain property located on the N rth side of Landstown Road beginning at a point 821-04 feet East of Salem Road, . unning a distance of 293.78 feet along the North side of Landstown Road, runriina a distance of 758.25 feet along the Eastern property line, running a d@Stance of 299.03 feet along the Northern property line and running a distance of 774.41 feet along the Western property line. Said parcel contains 5 acres. PRINCESS ANNE BOROUGH. Planning Commission Recommendation: A motion was passed unanimously by the Planning Commission by a recorded vote of 12 to approve this request. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Compliance with Article 2, Section 234 of the Comprehensive Zoning Ordinance pertaining to Riding Academies. 2. The maximum number of horses shall be limited to 12. Mr. Harry E. Thorns appeared regarding his application. On motion by Councilman Payne, seconded by Councilman @,Taterfield, slid by recorded vote as follows: Ayes: Councilmen John A. Baum, John R. Griffin, Mayor Clarence A. Holland, Councilwoman Meyers E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen Robert B. Cromwell, Jr., George R. Ferrell, J. Henry McCoy, Jr., and Vice Mayor Patrick L. Standing City Council voted to adopt the following resolution upon application of Harry E. Thorns for a Conditional -Use Permit to board horses: RESOLUTION UPON APPLICATION OF IIAIII@Y E. THORNS FOR R01177147 A C014DITIONAL USE PERMIT Lo board horses BE IT RESOLVED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA, that: Application of Harry E. Thorns for a Conditional Use Permit to board horses on certain property located on the North side of Landstown Road beginning at a point 821.04 feet East of Salem Road, running a distance of 293.78 feet along the North side of Landstown Road, running a distance of 758,25 feet along the Eastern property line, running a distance of 299.03 feet along the Northern property line and running a distance of 774.41 feet along the Western property line. Said parcel contains 5 acres. Princess Anne Borough. For the information of the applicant, prior Lo the issuance of a building permit, the following will be required by the administrative staff: I. Compliance with Article 2, Section 234 of the Comprehensive Zoning Ordinance pertaining to Riding Academies. 2. The maximum number of horses shall be limited to 12. TI,4 --, -1 ,,4 -- @@ @ II @ f7F@,@ 4,,@ 4t, _4- i ITEM #11471 COUNCILnN CROMWELL AND MCCOY LEFT CHAMBERS Application of Harry E. Thorns for a Conditional [,se Permit to board horses on certain property located on the N( dstown Road beginning at a point 821-04 feet Eas" of Salern Road, urriirg a distance of 293.78 feet along the North side of Landstown R,)ad, runriina a distance of 758.25 feet along the Eastern property line, running a d@stance of 299.03 feet along the Northern property line and runnilig a distance of 774.41 feet along the Western property line. Said parcel contains 5 acres. PRINCESS ANNE BOROUGH. Planning Commission Recommendation: A motion was passed unanimously by the Planning Commission by a recorded vote of 12 to approve this request. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administt-ative staff: 1. Compliance with Ar@.i,.'Ie 2, Section 234 of the Comprehensive Zoning Ordinance pertaining to Riding Acadern'@es. 2. The maximum number of horses shall be lir,,Iited to 12. Mr. Harry E. Thorns appeared regarding his application. on motion by Councilman Payne, seconded by Councilman @,Taterfield, aild by recorded vote as follows: Ayes: Councilinen John A. Baum, John R. Griffin, @layor Clarcnce A. Holland, Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen Robert B. Crornwell, Jr., George R. Ferrell, J. Henry McCoy, Jr., and Vice Mayor Patrick L. Standing City Council voted to adopt the following resolution upon application of Harry E. Thorns for a Conditional Use Permit to board horses: RESCLUTIO,q UPON APPLICATIOIN OF IIAIII@Y E. THORNS FOR R01177147 A C014DITIONAL USE P@14IT Lo board horses BE IT RESOLVED BY THE COUNCIL OF TliE CTTY OF VIRCII@IA BEACH, VIRGINIA, that: Application of Harry E. Thorns for a Condi.tional ljse Permit to board horses on certain property located on the Nort@ side of Landstown Road beginning at a point 821.04 feet East of Salem Road, running a distance of 293.78 feet alolig the North side of Landstown Road, running a distance of 758.25 feet alon.@ the Eastern property line, running a distance of 299.03 feet along the Northern property line and running a distance of 774.41 feet along the Western property line. Said parcel contains 5 acres. Princess Anne Borough. For the information of the applicant, prior Lo the issuance of a building permit, the following will be required by the administralive staff: 1. Compliance with Article 2, Section 234 of the Comprehensive Zoning Ordinance pertaining to Riding Academies. 2 . The maximum number of horses shall be limited to 12. TI, 4 - -- , -1 ,14 -- @@ II @ f7F@,, 4,,@ 4 1, -4- i @, -- @ I ITE', #11472 Application of C. G. Oliver or a Condi@lional Use Permit .or a borrow pit on certain property located on the @6@W side of @laygood-Road beginning at a point 800 feet West of Hunting Larie, r@inning a distance of 1280 feet along the North side of Haygood Road, running a distance of 1148.22 feet in a Nor@Liiwesterly direct"on, running a distaiice of 2001 feet in a South- westerly direc@Lion, running along the Southe-n boundary of Lake Smith to a point 579 fee+, mor-e or less Nlorth of Harris Point D@-ive, 1-tinning a distance of 1076.80 feet in a Southerly direc-Lion , -unning a distance of 322.15 feet in an Easterly directiofi, ri,@,,ining a d4lstance of 79.78 feet along the West side o' Haygood Point Road, rtinriitig @t Jista@Ice of 376.78 feet in a Westerly direction, rtinning d distarce of ':)-62.18 feet iri a Southeasterly direct'@on, .-unning a distafice of 530.61 feet in a Southerly d-irection, running a dis@lance of 496.91 feet in a Southeasterly direction, running a distance o@ 100 feet in an Easterly direction, riinning a distance ol@ 50 feet in a Soutlierly direc@lion, rurining i d-ts@,ince of 331.10 feet ill a Westerly direction, running a distarice of 17.9 feet in a Sou@llierly direc- '.-ion, run,-iing a disl-lance o.@ 490.4'@ i-eet 4n a Southeaste,-ly directiori, running a distance of 76.23 feet in a Noi-theasteri.y direction and running a distance of 200 fee+ iii a South-.as-lerly direct-ion. Said parcel is ir-regLi@-ar in s,'Iapc, and conl@a'n.-, 98.,') aci-,-@s. Plats wi'L@i tnorc detailed inFormat@cn are available in t@ie Departien-L of P'@agi,iing. SAYSIDC@ BOROUG.H. Planning Commission Recommendatioii: A motion was passed unanimously by the Planning ComiTlission by a recorded vote of 13 to approve this request subject to tlie following conditions: 1. Prior to the issuance ol an excavation permit, an Erosion Control and Tree Protection Plan and a surety bond @n the amount of $500 per acre or part thereof for each acre @lo be excavated shall be submitted to the Department of Public Works. 2. All the necessary infol-mation as indicated in Section 31.2 Of the City Code 4.Sto be suh.,nitted @lo the Departmefi@, Of PLiblic Works for review and approval. 3. Any future development on the proper@ly is to be ;@n conformance with "he standard 4mpy,ove@Tents as required by "he Subdivision and Site Plan Ordinances. 4. A dedication ol@ right-of-way 45 feet from tlie .en+lerline of the variable right-of-way along the 1230 feet @@rontage on Haygood Road, as shown on plaris filed in +@he Engineering Division. Also a 5 foot temporary constrliction eiserqc@it parillel to the dedi- cation. 5. Compliance wi@@h Article 2, Sect@on C, of the ComprehensiVe 7onirig Ordinance pertaining to ex+lractive industries. 4 COUNCiLMEN @',ICGUY @\j (-@ ,,@ - 5 3 - Mr. Clay Temple appeared representing the applicant On motion by Councilman Waterfield, seconded by Councilman Baum, and by recorded vote as follows: Ayes: Councilmen John A. Baum, John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Abstain: Councilman Robert B. Cromwell, Jr. Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to adopt the following resolution upon application of C. G. Oliver for a Conditional Use Permit for a borrow pit: RESOLUTION TJPON APPLICATION OF C. G. OLIVER FOR R01177148 A CONDITIONAL USE PERMIT FOR a borrow pit BE IT RESOLVED BY THE COUNCIL OF THE CTTY OF VIRGINIA BEACH, VIRGINIA, that: Application of C. G. Oliver for a Conditional Use Permit for a borrow pit on certain property located on the North side of Haygood Road beginning at a point 800 feet West of Hunting Lane, running a distance of 1280 feet along the North side of Haygood Road, running a distance of 1148.22 feet in a Northwesterly direction, running a distance of 2001 feet in a Southwesterly direction, running along the Southern boundary of Lake Smith to a point 579 feet more or less North of Harris Point Drive, running a distance of 1076.80 feet in a Southerly direction, running a distance of 322.15 feet in an Easterly direction, running a distance of 79.78 feet along the West side of Haygood Point Road, running a distance of 376.78 feet in a Westerly direction, running a dis- tance of 562.18 feet in a Southeasterly direction, running a distance of 530.61 feet in a Southerly direction, running a distance of 496.91 feet in a Southeasterly dir- ection, running a distance of 100 feet in an Easterly direction, running a distance of 50 feet in a Southerly direction, running a distance of 331.10 feet in a Westerly direction, running a distance of 17.9 feet in a Southerly direction, running a dis- tance of 490.41 feet in a Southeasterly direction, running a distance of 76.23 feet in a Northeasterly direction and running a distance of 200 feet in a Southeasterly direction. Said parcel is irregular in shape and contains 98.6 acres. Plats with more detailed information are available in the Department of Planning. Bayside Borough. Approval is subject to the following conditions: 1. Prior to the issuance of a excavation permit, an Erosion Control and Tree Protection Plan and a surety bond in the amount of $500 per acre or part thereof for each acre to be excavated shall be submitted to the Department of Public Works. 2. All the necessary information as indicated in Section 31.2 of the City Code is to be submitted to the Department of Public Works for review and approval. 3. Any future development on the property is to be in conformance with the standard improvements as required by the Subdivision and Site Plan Ordinances. 4. A dedication of right-of-way 45 feet from the centerline of the variable right-of-way along the 1280 feet frontage on Haygood Road, as shown on plans filed in the Engineering Division. Also a 5 foot temporary construction easement parallel to the dedication. 5. Compliance with Article 2, Section C, of the Comprehensive Zoning Ordinance pertaining to extractive industries. This resolution shall be effective upon date of adoption. Adopted by the Council of the City of Virginia Beach, Virginia, on the 14th day of November 1977. 11 1 4 7 7 ITEM #I,L473 -51 1- Petition of YWCA of Tidewater Area of Virginia for a @,a District Classification frorn R-8 Residezatial District to A-4 Apartment District on certain parcel@s located on the Norti, Sid, of Cape Henr,, Drive. Parcel 1: -@eginning at a poi-@it 330 feet more or ',,s Ea,t of -Kleen Street, running a distance of 290 feet rnore or less alon@. the Norlh side of Cape Henry Drive, ru,iiiing a distance of Z40 fee@ n-iore or 'less along the Easterr property line, runnin.@ a 'Jistance of 290 fcet rriore or less along the, Northern property line and run.,aing a distance of 260 feet rnore or less along the Western property line. Parcel 2: BeginriiiF, at the Northeast ;ntersectiora of Cape llc-.ry Drive and Scallop Roid, runni@-ig a d@s@@ance of 230 Ilett niare or 'less along the East side of Scallop Road, running -i distance of 290 feet rfiore or less along the Northern proper@ 14r@e, :runiiin@ a distaiice of Z20 @eet @iore or less along the Eastern propc, r-ty lirie of which 100 @eet is the West side o@' Starf@sh Road and running a dist;@nce of 290 feet i-norc@ or less along the Soutlie-n property line of which 150 feet -@s the Nortli side of Cape Henry Dri@e. Said parcels coritain 3. 2 acres more or less. Plats .vith rrore detailed @@@or- mation are available in the Departrnent of Planning. (@ ynnhaveti Sh.ores- ilynnhaven Colony Areas). LYNNHAVEN BOROUGH. Planning Cornmission Recornxnendation: A motion was passed by the Planning Conunission by a recorded vote of 8 for the motion and 5 against to approve this request for A-2 Apar@ment District. For the informatioii of the appli--ant, prior to the issuance of a building permit, the following will be required by the ad.-ninistrative staff: 1. Standard improvernents as required by the Site Plan Ordinance and Subdivision Ordinance. 2. City water and sewer. 3. An adequately sized on-site anci off-site drainage systern aiid drainage easements will b-- requirecl along the north side of Cape Henry Drive f-orn tlis site to Seashell Road. Access to tliis s-".te shall be limited to Starfisii Road. Mr. Grover C. Wright, Jr., Attorney, represented the petitioner -55- Mr. Barry Koch, Attorney, appeared in opposition. On motion by Councilman Griffin, seconded by Councilman Baum, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: Councilwoman Meyera E. Oberndorf Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve the following ordinance upon petition of YWCA of Tidewater Area of Virginia for a Change of Zoning District Classification from R-8 Residential District to A-2 p@artme t@District (a modification from A-4 Apartment District): ORDINANCE UPON PETITION OF YWCA OF TIDEWATER AREA Z01177293 OF VTRGINIA FOR A CHANGE OF ZONING DISTRICT CLASSIFICATION FROM R-8 Residential District TO A-2 Apartment District (modified from A-4 Apartment District) BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA, that: Petition of YWCA of Tidewater Area of Virginia for a Change of Zoning District Classification from R-8 Residential District to A-2 Apartment District (modified from A-4 Apartment District) on certain parcels located on the North side of Cape Henry Drive. Parcel 1: Beginning at a point 330 feet more or less East of Kleen Street, running a distance of 290 feet more or less along the North side of Cape Henry Drive, running a distance of 240 feet more or less along the Eastern property line, running a distance of 290 feet more or less along the Northern property line and running a dis- tance of 260 feet more or less along the Western property line. Parcel 2: Beginning at the Northeast intersection of Cape Henry Drive and Scallop Road, running a distance of 230 feet more or less along the East side of Scallop Road, running a distance of 290 feet more or less along the Northern property line, running a distance of 220 feet more or less along the Eastern property line of which 100 feet is the West side of Starfish Road and running a distance of 290 feet more or less along the Southern property line of which 150 feet is the North side of Cape Henry Drive. Said parcels contain 3.2 acres more or less. Plats with more detailed information are available in the Department of Planning. (Lynnhaven Shores-Lynnhaven Colony Areas). Lynnhaven Borough. For the information of the applicant prior to the issuance of a buildin.@ permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinance and Subdivision Ordinance. 2. City water and sewer. 3. An adequately sized on-site and off-site drainage system and drainage easements will be required along the north side of Cape Henry Drive from this site to Seashell Road. Access to this site shall be limited to Starfish Road. This ordinance shall be effective upon date of adoption. Adopted by the Council of the City of Virginia Beach, Virginia, on the 14 day of November 1977. 1 1 1 4 7 7 ITEM #11474 . D@- Petition of YWCA of Tidewater Area of Virginia for a Change of Zon@ District Classification from R-8 Residential District to B-4 Resort-Corn- mercial District on certain property located on "he South side of Shore Drive beginning at a point 330 feet more o-r less Fast of KI-een Street, running a distance of 290 "eet more or less along the Soith sicle of Sliore Drive, running a distance of 180 feet rnore or less along the Eastern property line, running a distance of 290 feet i-xiore or less along the Southern property line and rvnniiig a distance of 180 fee' rnore or less along the Western property line. Said parcel contains 1.19 acres rnore or less. (Modified from !-1-1 Ho"el Distric'). (Lynnhaven S'lores Area). LYNNHAVEN BOROUGH. Planning Cornmission Recorrirneidation: A motion was passed by the Planning Con =ission by a recorded vote of 8 for the motion and 3 against to approve this request. For the information of tlie applicint, pi-ior to the initia'lion of the intended use of the laiid, the following will be required by the adrninistrative staff: 1. Standard irnprovernents as required by t.qe Site Plan Ordinance. 2. City water and sewer. 3. An adequately sized on-site and off-site drainage system and easernents will be required for this site drain;ng to the north side of Cape Henry Drive to Seashell Road. 4. There will be no future median openings along Shore Drive adjacent to this site. Mr. Grover C. Wright, Jr., Attorney, represented the applicant Mr. Barry Koch, Attorney, appeared in opposition. on motion by Councilman Griffin, seconded by Councilnian McCoy, and by recorded vote as follows: Ayes: Councilmen Robert B. Croniwell, Jr., Tohn ]@. Griffin, ilayor Clar@nc-e A. llc)lland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger I,. Riggs, and Floyd E. Waterfield, Jr. Nays: Councilman John A. Baum Absent: Councilmen George R. Ferrell, and Vice @layor Patri.ck L. Standing City Council voted to approve the following ordinance upon petition of YWCA of Tidewater Area of Virginia for a , e 2f in District Classification from R-8 Residential. District to B-2 Comm@inity-BtisiRess istrict ed from B-4 Resort-Commercial District): 4 7 7 5 7 ORDINAliCE UPON PETITION OF YWCA OF TTDEWATER AREA Z01177294 OF VTRGTNTA FOR A CHANGE OF ZONTNG DISTRICT CLASSIFTCATION FROM R-8 Residential District TO B-2 Community Business District (modified from B-4 Resort Commercial District) BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA, that: Petition of YWCA of Tidewater Area of Virginia for a n e @f in Istrict Classification from R-8 Residential District to B-2 Community-Business District (modified from B-4 Resort-Commercial District) on certain property located on the South side of Shore Drive beginning at a point 330 feet more or less East of Kleen Street, running a distance of 290 feet more or less along the South side of Shore Drive, running a distance of 180 feet more or less along the Eastern property line, running a distance of 290 feet more or less along the Soutbern property line and running a distance of 180 feet more or less along the Western property line. Said parcel contains 1.19 acres more or less. (Modified from H-1 Hotel District) (Lynnhaven Shores Area). Lynnhaven Borough. For the information of the applicant, prior to the issuance of a building permit, the following will be required by the administrative staff: 1. Standard improvements as required by the Site Plan Ordinance 2. City water and sewer. 3. An adequately sized on-site and off-site drainage svstem and easements will be required on this site draining to the north side of Cape Henry Drive to Seashell Road. 4. There will be no future median openings along Shore Drive adjacent to this site. This ordinance shall be effective upon date of adoption. Adopted by the Council of the City of Virginia Beach, Virginia, on the 14 day of liovember 1977. 1 11 4 7 7 ITEM #11475 -58- On motion by Councilman Griffin, seconded by Councilman @'@cCoy, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Gri.ffin, Mayor Clarence A. liolland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, ROE,,er L. Piggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve the following ordinance authorizing conveyance of excess ri.,iit.-of-way in connection with the Great Neck Road Project: ORDINANCE AUTHORIZING CONVEYANCE OF EXCESS RIGHT-OF-WAY IN CONNECTION WITH THE GREAT NECK ROAD PROJECT Whereas, the following described property was vacated as a street in connection with the construction of the relocation of Great Neck Road, Project #UOOO-134-103, R/W 201; and 1,Jhereas, it is the opinion of the City Council that the property vacated is in excess of the needs of the City. Now, Therefore, Be It Ordained By The Council Of The City Of Virginia That the City @@anager is hereby authorized to execute a Special Warranty deed and convey the following excess property, to wit: All that certain lot, piece or parcel of land with improvements thereon, lying, being and situate in Lynnhaven Borough, City of Virginia Beach, Virginia, designated and shown as a shaded area comprised of a total of 2.78 acres immediately east of a parcel identified as "Point-O-Woods Company" on the plat entitled, "Plat Showing Great Neck Road Street Closure City of Virginia Beach, Virginia," dated July 15, 1974," prepared by Engineering Division, Department of Public Works, City of Virginia Beach, Virginia, said plat being on file in the Office of Real Estate, Department of Public Works, and to which reference is made for a more particular description. Adopted by the Council of the City of Virginia Beach, Virginia, this 14 day of November 1977. 5 9 - On motion by Councilman Riggs, seconded by Councilman Baum, aiad by recorded vote as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., Jolin R. Griffin, Mayor Clarence A. Holland, J. Ilenry McCoy, Jr., J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: Councilwoman Meyera E. Oberndorf Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to approve the following ordinance to amend and reordain Section 23-48.1.2(f)(3) of the Code of the City of Virginia Beach relating to operation and requirements of table top commercial recreation centers: AN ORDINANCE TO AMEND AND REORDAIN SECTION 23-48-1.2(f)(3) OF THE CODE OF THE CITY OF VIRGINIA BEACH RELATING TO OPERATION AND REQUIREMENTS OF TABLE TOP COMC-RCIAL RECREATION CENTERS. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEAC14, VIRGINIA: That Section 23-48.1.2(f)(3) of the Code of the City of Virginia Beach is amended and reordained to read as follows: (3) No minor under tlie age of 18 years, shall be allowed to remain between the hours of 12:01 A.M. and 5:00 A.M., unless accompanied by their parent or guardian. This ordinance shall be effective from date of adoption. Adopted by the Council of the City of Virginia Beach on the 14 day of November 1977. iTEm #11477 Mr. Semmes Chapman, P.E., appeared before City Council representing Yir. Clement Wilite who was appealing an adverse decision made by the Planning Commission re- garding a subdivision variance for Quail Run Qllay in Little liaven. After considerable discussion, Councilman Griffin made a molion, seconded by Councilman Riggs, to defer this matter for two weeks. The recorded vote is as follows: Ayes: Councilmen John A. Baum, Robert B. Cromwell, Jr., John R. Griffin, Mayor Clarence A. Holland, J. Henry McCoy, Jr., Councilwoman Meyera E. Oberndorf, J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfiel.d, Jr. Nays: None T qt,,din(, - 6 0 - ITE@l #11478 The City Manager stated he had a request from D. R. James, who owns a ten lot subdivision off of Pun.@o Ferry Road, to waive curb and gutter requirements on his property. The City Manager stated tliat about four or five years ago, Mr. James' brother had three lots recorded, because of the small number of lots, all about 1-1/2 acre, four lot subdivision, curb and gutter was waived. His brotlier later came in witli a five lot subdivision and indicated that because his brot:lier did not have curb and gutter across the street he felt it was unfair to require him to put in curb and gutter. @le was @.ranted a waiver. Mr. James has now requested tliat a ten lot subdivision he owns be waived of curb and gutter since his ollier property was waived of curb and gutter re- quirements. After considerable discussion, Councilman Waterfield made a motion, seconded by Councilman Payne, and by recorded vote as follows: Ayes: Councilmen John A. Baum, Jolin R. Griffin, Mayor Clarence A. Holland, J. 14enry McCoy, Jr., J. Curtis Payne, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: Councilman Robert B. Cromwell, Jr., and Councilwonian Mevera E. Oberndorf I Absent: Councilmen George R. Ferrell, and Vice Mayor Patrick L. Standing City Council voted to grant the request of D. R. James to waive curb and gutter requirements on a ten lot subdivision off of Pungo Ferry Road. 11/1 - 6 1 - ITEM #11479 The City Clerk informed Council that the Abstract ,f Votes h,d b... r ... i,,d from Mrs. Catherine Nixon, Secretary, Electoral Board: IIBSI'R.4C7' OF P'OTI,,S c-st ii, the @-tilCity -f @T1,FInlp R@@,l, Viry,tia, al the Ge.er(,l Electi.. held o,, the eighth d.y of N.ve,,ber, 1977, f@, GOVERNOR OF VIRGINIA Nurnber of Ch,llenged Total Vot@s V@tes Total Vote., Rec@ived R,ceived Included N,,n,es of Candidates (In Writing) (In Figures) In Total ALAN R. OGDEN One hundred ei t -ei@t (--i88 --- 0 HENRY HOAVELL ht hurld@d 0 ten JOHN N. DALTON Twent,,,- Plght h seventy-five 26,875 0 T- Sam G@e -0 Samu@ ber One LIEUTENANT GOVERNOR OF VIRGINIA Number of Ch,lle,ged T.tal Votes P'ote@ Total Votes Reccived Received Included Names of Candidates (In Writi.g) (In Figures) In Total CHARLES S. "CHUCK" ROBB Twent e thg =four 21,074) 0 A. J. "JOE" CANADA, JR. Twpn - ( 2 4 , 8 2 3 0 hundred twenty-three ( (- ( We, the ..dcrsigned Electorl Bo.rd, up@. e,a,71i@.tio. of th, offi,il r,,ords deposited in the ffice f thc Clerk the Circ.it Cou,t of the election held 0. N.vember 8, 1977, do ke,,by ertify that the above ii a true ..d c.rrect .4bstract f VoteS cast at said Ge@ieral Election for G@vernor a.d Lieute.a,it Gover@or of Virginia. Given u@der our hands this 14th day .1 N@ve ... I,,er, 1977. Chairma@ ,Secreta,y Secreta,y, Electoral Board 11/14/77 - 6 2 - ,dBSTR.4CT OF POTES cost in the &"$YlCity of Virginin Reqnh Firginia, al the General Election held on the eighth day of November, 1977, for ATTORNEY GENERAL OF VIRGINIA Number of Challenged Total Votes Votes Total Votes Received Received Included Names of Candidates (In Writing) (In Figures) In Total EDWARD E. LANE Eighteen thquaand Qne hundred 18,lgo 0 ninety J. MARSHALL COLEMAN TwPnt@r-fnil@ thni@.qqnci twn hiincir,.cl ;)4,;)gn 0 WRIU IN VOTES ninety Tham,q.- T T4,qmi I tnn nne We, the undersigned Electoral Board, upon examination of the official "cords depoiited in the ofice of the Clerk of the Circuit Court of the election held on November 8, 1977, do hereby certify that the above iS 4 true and correct 4b$tract of Votes cast al said General Election for .41torney General of )7irginia. Given under our hands ihis 14th day of November, 1977. Chairman Member Secrelary ,4 copy ieste.- Q Secretary, Electoral Board /1 4 / 7 7 - 6 3 - ABSTRACT OF VOTES cast in the j"unty/City of V-4-rginia Beach at the General Election held the fitwt Tuesday after the first Monday in November, 19-, for Member(s) of the House of Delegates NLtmber of Challenged Total Votes Votes Total Votes Received Received Included Names of Candidates (In Writing) (In Figures) In Total J. W. "Billy" O'Brien, Jr. Twenty-five thousand fifteen( 25,0-15 0 WRITE IN VOTES R T. Tpmplptnn C)np Graham Valentine One Harold Laibstain One We, the undersigned Electoral Board, upon examination of the official records deposited with the Clerk of the Cir- cuit Court of the election held on November8- 19@ do hereby certify that the above is a true and correct Abstract of Votes cast at said election for Member(s) of the Howe of Delegates fram the L;)ni D@ct. Given under our han& this 14th day of November, 19@7 rhaimwn ember A copy teste: Secretary Secreta.ry, Electoral Board 11 / 1 4 / 7 7 - 6 4 - ABSTRACT OF VOTES cast inthe @vwylcity of-@@@ ,-In at the General Election held the first Tuesday after the first Monday in November, 19-=, for Member(s) of the House of Delegates Nttmber of Challenged Total Votes Votes Total Votes Received Received Included Names of Canclidates (In WritiDg) (In Figures) In Total Bernard G. Barrow Twenty-one thousand nine 21,903 0 nunarea rnr e@ Glenn B. McClanan Twenty-two_thousand six ( 22,614 0 hundred fourteen owpn R- Pic,.kpi-.t e - i@ thousand ei@ht ( 26,833..) 0 hundred thirty-three Knnx R- Riirchett --t ( 13.@5i 0 hundred fifty-three W g ntgripn Twpnt-,y-c)np-th-o -aur- ( 21.,458 0 hundred fifty-eight ( ( ( ( ( ( ( IVe, the undersigned Electoral Board, upon examination of the official records deposited @th the Clerk of the Cir- cuit Court of the election held on November 1 8 -, 19-=, do hereby certify that the above is a true and correct Abstract of Votes cast at said election for Member(s) of the House of Delegates from the 40th District. Given under our hands this 14th day of November, 19@7 haimwn Mefnber A copy teste: Secretary Secretary, Electoral Board 11/14/77 - 6 5 - ABSTRACT OF VOTES cast in the C@tctsCity of Virginia Beach at the (@PnPra I 6lection held on November ig 77, FOR Commonwealth's Attorney Number of Challenged Total Votes Votes Total Votes Received Received Included Names of Candidates (In Writing) (In Figures) In Total Andre Evans Thirty thousand three hundr@d 30,392) 0 nine y- wo WRITE IN VOTES Robert B. Kendail One 1 H One 1 We, the undersigned Electoral Board, upon examination of the official records deposited tvith the Clerk of the Cir- rol,rt Of the election on November 8 - 19 7 7, do hereby certify that the above is a true , (@t Abstract of Votes cast at said election and do therefore determine and declare that the follo"ng received the greatest number of votes cast in said election: An(9ro F,,vnna for the office of (c)mmnnwppli-.hls Attc)rney Given under our hands this 4 th day of November, 19@7. hairman Member A copy teste: Secretary Secretary, Electoral Board 14 / 7 7 - 6 6 - ABSTRACT OF VOTES cas-t in the @tfj/City of 1 nlq Bpq c, at the 0 Pnprq I - election held on Nc)ypmher 8 19-=, FOR Sheriff Number of Challenged Total Votes Votes Total Votes Received Received lncluded Names of Candidates (In Writing) (In Figures) In Total S. J. "Joe" Smith Thirtv thousand five hundred( 30,548 ) 0 forty-eight W VOTES ) H,qrc)lci T-nihst-.,qin 1 ) Bill M,Rnvlpnci 1 ) ) ) ) ) ) We, the undersigned Electoral Board, upon examination of the official records deposited with the Clerk of the Cir- cuit Court of the election on November 8 -, 19 7 7 do hereby certify that the aboue is a true and correct Abstract of Votes cast at said election and do therefore determine and declare that the follouing received the greatest number of votes cast in said election: S. J. "Joell Smith for the office of Sheriff Given under our hands this 14th day of November, 19 7 7 Chairman Member A copy teste: Secretary L,z@-Secretary, Electoral Board 1 4 7 7 - 6 7 - ABSTRACT OF VOTES cast in the C.@t4lCity of at the rpnprn] - election held on November 8 FOR Commissioner of Revenue Number of Challenged Total Votes Votes Total Votes Received Received Included Names of Candidates (In Writing) (In Figures) In Total Thirty Thousand six hundred( 30,658 0 fifty-eight w Harold Laibstain One We, the unders-igned Electoral Board, upon examination of the official records posited with the Clerk of the Cir- cuit Court of the election on Noyember 8 --, 19-=, do hereby certify that the above is a true and correct Abstract of Votes cast at said election and do therefore determine and declare that the follo"ng received the greatest number of votes cast in said election: Ivan D. Mapp for the office of Commissioner of Revenue Given under our hands this i4th day of November, 19-=. Chairman Member A copy teste: Secretary Secrotary, Electoral Board I 1 / 1 4 / 7 7 6 8- i@,IC I , 11, L@OI'ES cast i. th, 1/2 -,.@ @L,,Ln -LLi. Beac ii.. ,t th, Spe,@i@l Ele,tion held @, the eighth day of November, 1977, f., PROPOSED BOND ISSUES QUE,S'I'ION: Shall Cliapter 650, Acts ,f the Gcneral Asseinblv of 1977, au- tho,i,in the issuance of gencral oblil,,ation bonds of the Commonivealth of Virginia iii the inaximum amount oi $86,475,000 pursuant to Article X, Sec- tion 9(b) of the Constitution of Virginia for EDUCATIONAL INSTI- TUTIONS, take effect? N,iniber of ("halle,,ged Total Votes T'@t,s @l'otal V,)tes Rec@ived Received Incltided (in Writing) (In Figures) In @rotal FOR (Ye@) Twenty-@yp-7a @oumai se-ve@hundred-twentY- -(-U-729 0 nine AGAINST (No)F-i-Ve thousand six hu@r@ fifty-si-X- - -- - ( 5,@-) - -0-- Q[JESTION: Sh,,It Cliapter 651, Acts of tli,, (@,@neral A.,,,e,nbly of 1977, au- thorizing the i@s..nce of g@neral ol,ligation b(,nds of th@ Commonw@ilth of Virgiiiia in the maximum amount of $21,525,000 piirsuant to Article X, Sec- ti,,. 9(b) of tlie Constitution of Virginia for CORRECTIONAL FA- CILITIES, take effect? N@i,,ber f I;h,lle,,ged T@tal Votes @l'otal Votes Received Received Included (In Writing) (In Figures) In Total FOR (Yes) T-wQnt five thousand three hundred ninety__ (_25-,390 _O- AGAINS'[' (No) ,,Pvpn, -thc),],qand- t-V - 0 QUESI'ION: Sliill Cliapter 652, Acts (,f t]@c (@,,ne,@l A,,r.nl,iy (,f 1977, ati- tli(,ri@ing the isstiatice ,f gencral oblig;,ti,)ii b@,nds .f tlie C(,t,@,@,onlve;tltli (,f Virginia in the mixi..um ainount of $4,000,000 pur.,uint t,, Article X, Sec- tion 9(b) of the C,,nstitution of Virginia for MENTAL IIEALTH FA- CILITIES, take effect? Number of Challenged 'I'.tal Votes V@tes Total Votes Received Received Included (In Writijig) (In Figures) In 'rotal FOR (Ye,) (i n I n P-- (2-8 --- 0 AGAINS'r (N.) FOUR t@@d ve@n hqnd-r@d -@ifty--fiye---- ( @@) ---O QUESTION: Sh@@ll Chapter 653, Acts of the General Assemt)ly of 1977, au- thorizing the issuance of general obligatin bonds of the Commonwealth of Virginia in the maximum amount f $5,000,000 pur@uant to Article X, Sec- tion 9(b) of the Constitution of Virginia for PARK AND RECREA- TIONAL FACILITIES, take effect? Chall,@g,d V@)te., Received Rec@ived Included (In WTiting) (Iii Figures) In 'Fotal FOR (Yes) ninp hi,ntir AGAINST (No) Seven Thousand tWo hundred twenty-two 71222 0 1 / 1 4 / 7 7 - 6 9- ABSI'RACT OF VOTES cast in the C@City of 'a, at the election held on November 8 ig@7 FOR Treasurer Number of Challenged Total Votes Votes Total Votes Received Received Included Names of Candidates (In Writing) (In Figures) In Total William H. "Bill" Phillips Eight thousand seven hundred, 8,736 0 thirty-s x k Joel Smith Fifteen thousand eight hundrld 15,867) 0 sixty-seven Jnhn T- Atkinson Nineteen thousand one hundreq 19,188 ) 0 eighty-eight ) WRTTF, TH VOTES ) V- A Ft hp ri 19 gp Thrpp 3 ) ) ) ) We, tlie undersigned Electoral Board, upon examination of the official records deposited with the Clerk of the Cir- citit Court of the election on November 8 -, 19!L do hereby certify that the above is a true aiid co"ect Abstract of Votes cast at said election and do therefore determine and declare that the follo@ng received the greatest number of votes cast in said election: John T. Atkinson for the office of Treasurer Given under our hands this 14th day of November, 19-=. Chairrnan Member A copy teste: Secretary Secretary, Electoral Board 1 4 / 7 7 - 7 0- QUESTION: Shall Chapter 654, Acts of the General Assembly of 1977, all- thorizing the issuance of general obligation bonds of the Commonwealth of Virginia in the maximum amount of $8,000,000 pursuant to Article X, Sec- tion 9(b) of thc Constitution of Virginia for PORT FACILITIES, take effect ? Number of Challenged Total Votes Votes Total Votes Received Received Included (In Writing) (In Figures) In'l'otal FOR (Yes) 5Lwenty-five thousand four hundred eighty-nin- O@ 48 AGAINST (No) Six Lty-three 6 67@-) 0 We, the undersigned Electoral Board, upon cxamination of the officiai records depoited in the office of tl)e Clerk of th, Circuit Court f the election held on November 8, 1977, do liereby certify that tbe above is a true and correct AbStTact of V.tes cast at said election for and against tbe proposed $125,000,000 General Obligation Bond Issues. Given under our liands this 4 day of November, 1977. Ch4i,@a,, Me@ber Secretary ,i C./ly i"fe, Secretary, Electoral Board 1 1 / 1 4 / 7 7