Loading...
HomeMy WebLinkAbout97-28• • • Adopted: October 29, 1997 Effective: October 29, 1997 ORDINANCE N0. 97-28 AUTHORIZING BID AT REAL ESTATE AUCTION - NATIONSBANK BiJII.,DIlVG 436 • ORDINANCE NO. 97-18 ORDINANCE AUTHORIZING BID AT REAL ESTATE AUCTION - NATIONSBANK BUILDING BE IT ORDAINED, by the Town Council of the Town of Pulaski, Virginia, sitting in special session on October 29, 1997, that Thomas M. Combiths is hereby authorized by the Town Council to act as an agent of and on behalf of the Town to bid at public auction on the NationsBank property located at on the corner of North Washington Avenue and Main Street, in the Town of Pulaski, at the auction of October 31, 1997. The aforesaid agent is authorized on behalf of the Town to execute a contract in the name of the Town in substantially the form tendered with advertising materials by the auctioneer. The agent is authorized to bid up to an amount designated by the Town Council in Executive Session. To protect the financial interests of the Town, since premature disclosure of the authorized bid maximum could adversely • affect the bidding process, the amount authorized by the Town is designated as confidential until such time as the auction is complete. Thereafter, the Town Manager is authorized to release said maximum amount whether or not the bid of the Town is successful. This Ordinance is effective upon adoption and is adopted this 29th day of October, 1997. James M. Neblett Lane R. Penn Bettye H. Steger Charles W. Stewart - AhcAnt - Aye - Ave - A_ye W. Edgar Hale - No Joseph L. Weddle - No Pauline G. Mitchell - H V F, ,_ Gerald E. Bolen - Avg Att /• ~~z2.~ • Ruth A. Harrell Clerk of Council T F P KI V1R INIA B r. John A. nston, Mayor 437 • I, Ruth A. Harrell, Clerk of the Council of the Town of Pulaski, Virginia, do hereby certify that the foregoing Ordinance is a true and correct copy of the Ordinance set out and adopted this 29th day of October, 1997. C •