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HomeMy WebLinkAboutNOVEMBER 29, 1976 SPECIAL SESSI MINUTES OF THE SPECLAL MEETING OF TIIE HONORABLE CITY COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA November 29, 1976 A Special Meeting of tlie Council of the City of Virginia Beacli, Virginia, was held in the Council Chambers, Administration Building, Princess Anne Borough, on Monday, November 29, 1976, at 7:00 p.m. The City Clerk read the following Notice of Special Meeting: "As prescribed by Section 2-9 of the Code of the City of Virginia Beacli, I request that Council have a Special @,leeting at 7:00 p.m., on @,londay, November 29, 1976, in the Council Chambers of the Administration Building. As Council is aware, on April 26, 1976, authorization for the issuance of $16 Million Public Improvement Bonds was granted. A procedural resolution authorizing the date of the bond sale needs to be adopted at this Special Meeting. It is required that this resolution be approved 30 days before delivery of the bonds. We anticipate bond delivery on December 30; subsequently, Noveniber 29 is the last possible date for this approval." ours, The invocation was given by the City Clerk, Richard J. Webbon, followed by the Pledge of Allegiance. Council Members present: John A. Baum, Robert B. Cromwell, Jr. George R. Ferrell, John R. Griffin, Mayor Clarence A. flolland, J. Henry McCoy, Jr., Meyera E. Oberndorf, Roger L. Riggs, and Floyd E. Waterfield, Jr. Council Members absent: J. Curtis Payne and Vice l@layor Patrick L. Standing ITEM #10258 On motion by Councilman Griffin, seconded by Councilman Baum, and by recorded vote as follows: Ayes: Council Members John A. Baum, Robert B. Cromwell, Jr. George R. Ferrell, John R. Griffin, Mayor Clarence A. liolland, J. Henry McCoy, Jr., Meyera E. Oberndorf, Roger L. Riggs, and Floyd E. Waterfield, Jr. Nays: None Absent: Councilmen J. Curtis Payne and Vice Mayor Patrick L. Standing City Council voted to adopt the following Resolution authorizing the issuance and sale of $16,000,000 Public Improvement Bonds, Series of 1976, of the City of Virginia Beach, Virginia, heretofore authorized, and providing for the form, details and payment thereof: @ 7, \7 i wli c, i r@@c -iii) C', (:o] iii c Iii@ii, 1, o'l@ 0 i) (:o @,i; 1) I @i vi) c Vi cc, l@. St @i @1(iiii 1-1 i,, f o I i-o@@ ()l 1 k!, ot) 1) j,, a @j r-!I@;l f" f c@ CC)i i, i,, IIE@ll @7;lp VO'l i@, A. Avc, 1 3-c@ A@ C, (7, 0 Li Iii 11 JOI@ii 1@ I i i f- i i A 'l@) @'or A@,c, CC)tlllc AN,c C o ti I i c@ RESOLUTTOI,' Al)'@"JIOT@TZJI@",", 7'11;: Al@D @A1,E 01@' @'16,C)t@0,000 1"76, Oi@' lilili- 01,' V; TA V I I'(@ J l@ A , I i I @ RL,,"j'O l@l"'@)VI DIP'G LI).@ i@;su@irice ol@ $16,(), o,ri,)o F,,I,j j 1111, -v BoliciF of t@ic cd-1-Y of Vi-r,,inia i-z(@Ci by ord@iii@)itcc. 1, ad,)I)to,J I-,y tl),,, (7,ot@i-icil of ttic-) C)@f- Oil 3, 0 0,@) Sit(, 1 @jl,), o@. i( l@ y 2.) 0 0,0 0 l-' ',IC'7 Cl 4 00,, PI t- i O' 0 0 00 PI 1- Of itiji, ii- il@@ t(2@; @ic" o@, .1@ 0 ]:1 Ll C) I I r@,-,) c, Zi 66() , 00(' r P t-,-UCt i Cl@ L 01, C)f rc,,(@ -c,,,,-, t i ('@-I c(, @ i, cii@@ C(,l i@] c 0ILi 1-1 'L c( ii c! 0 BE TT Rf-IS',)LV!71) 1"Y Tiil@', O),' cl,fy C) V I 11 A l@EACIT VIRC'@IF4TA: I Thc-,rc@ ai-(,, iz(@d i.o I)(, is,,31,ed "iri(I solel $1-6,00(j,000 i.i-I)rc)vcrpei-it I)or,(Is of tli,@ C;Ly of Virgiiii-@l Bcacti, Vii-@,t,iia, 2. Tli(@ bonc',,, sli,,il.l bc, coi,it@oi-) !)Oll@l.'3 @yirll(,Lit- P3---ivi',,Ct('C'- of -c,ii, shall b(@ dcElgii@il-cd linprov,,-,iii(,ilt Sei-i e, ()f 1976," sli,,ill I)c d@ited 1, ]@976, sha'] be c)f t@lic-, derioiiii)),,,,tioll ('f $5,000 froi)i 1 to 3,200, , ali(I sli@@l 1, i@l -i @@, I ll'('IIL L@ Of $1.00 , ()00 (',il 0, c" 0 Oil 1 @'7 i Fe]) @-y 1 11 c 0 iCC@ O@ [T,l@i Vi, op@, ic)ll (@l@ 3 '!'j f tL,,I-C, Of t- C@ y 1) cc 1 c I be I)e 4. 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Tlie Clc,@l, jp, to sce to tl)a ific@i C'C)ll',' Of tlli S resolLl tion w@-tli tl)e C;j-,,iill Col@i-l- o@F C:i,[-y of Vii-g@lii,-t Llc-,,,@eli Lii@(i i-iitiiiii tc!ll (l,,y5 t rt (@,- to l@-lo be i C)]-lc,c, il l of @F' -n('3-, I C@@i,rCtl@ i(,Il ill @ lic,, Cil y o@ a n 0 t i (-, c,, i, iii bi--i,c (- ;@1](I s tlic-@ OL ,L]l cl C)!l ;3c -C)III VI@ (i@i@ Cif to o i cili, Pill, 1 ol@ j,li o-11 oor), V i iri@i ii i@l ii)@ @IT, C' IllL'@ iC, f $ L i-, I @l o I Uf)i " (@(" V.,@ !, @; 1 @ ;i T"@ I 11-1 @ @,, 1 I I I I n i i 1, c@ (i L ic- cip o] i o I)C:1 I () 17 I '[)e of Lli,@ Ci L,/, o f Vi i: i@] i i p I ,i-c, 7,)vit o(] tlo ii:@ '3 i-@i ol r@!t-c f i-e 1--o 1), P o oi- o f ail, C'.f by lit 01),@ CO),@T ,i' fo@ e@@@ 11 i@ I)ici L: 1)@ t tl:c, TI-)(, i- i @y't il@' bi-cl@ :ii L:(,, or i \7 (' (I , u)-i I c. I 1) i a,,,,,, 0 1)1-ol)oF,, lo,,,( Lo LI@e C.i t- s I i c il L' C) be det(,@i-iiiiiic@d I)y ]@@CJ@ I !ill l(@@ @l C)l @illy I:fcl;liillT@i l,;(' or i-il @@L ii!)o@l @il j@ C)i@ t:ltc.@ ')C);l(!,,@ iint t-@jle @ 1- y(,@; 11 tll,,- i Li iii I @ 7 @ i, , i)ii@L I)e p@i.*Lcl @"il s C)f t])(' 1)@l @@(2 1)1- i CC E,icli (I I)C' lo (',l ii) i mlil- C@(i ()]) tlic, (]L "Iii,(] foi- o F Vi@ @-I i,i 1) @l , sli()ti L(i 1)(,, ci)llll(@ i I 01- l@ C i o r Vi, 1, 1) , c / 0 A(Iiii @i)] str@3 "i oi@ @I'Ll i i li@@ Vif-@) ii,@ 7 @t "C,@,,ch , io@@ f@ PLIY Thc., 7.1- -,,,f c c, r C)y c@@ c@ 0 f I c t-c c A',' LI C-,' Ly I'l-L@(!( @i7 @zte i ,,Ic-, ( 11 , @, 1' ; 4,@71,e Ci t l,laii @i,,c f o r T'; i @i i,, Lil@ C I Th, (@4,t,y I i O'-, 1- I 3 0i,,i oi@ the (I,-itc@ o r t ,2 -1@ i i o@ ii)t- @LCII o ,i Ii c-@ 1-i i(11 I'or @'T i i ii i-o' li@@, re i t o tli,, I)C)@ici,@ jit@(" t lie (7, @ t, yc, il Vi iii @i l@,,:ic [-i iy 0.1 f i IS bil 1,11-i i@ c I I 0 11 i: I 1 f i. I S @:1) c: I t Ti@ -i y 1) c, b t @l t) (, (i C@'i.1 C;, D,,) ci, 1 @'i C. i, y foi- ;ITI(l -i r, i,@@ L r r, Z, 2 z@@ 6 8.1. i- fi-O -i 0 l' i 0 Yol-1, VI ITEM #10259 On motion by Councilman Griffin, seconded by @louncilman Riggs, and by acclamation, the meeting adjourned. RiLhard J.;/.,Pebbon, City Clerk Clarence A. Holland, Mayor City of Virginia Beach, Virginia November 29, 1976 Special @leeting