HomeMy WebLinkAbout2000-11• ORDINANCE 2000-11
PERMITTING WAIVER OF PROVISIONS
FOR DEED OF TRUST OF PULASKI FURNITURE
DATED 24~ DAY OF SEPTEMBER 1996
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ADOPTED: June 20, 2000
EFFECTIVE: June 20, 2000
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Ordinance ~o. Ztii~ii - ii
ORD~iANt:E PERt'~i3 T TiNG ~r'~'ETc tar PROti75ZOPi S
p'OR 3)EED OF TRUST OF PTJLAS3~I FURI/'ITURE
DATED 24TA DAY OF SEPTEMBER 1996
~,~REEAS, the Town of Pulasl:;, V"~ ginia, ktokd; a Deed of T; os<, : ecardad is De~.d
Fsooic ~~u, gage 5<iti in tae Circuit Coin Ckerk~s ttmee, Puiasici County, ~rirgsaia, ses~uing our
indebtedness from Pulaski Furniture Corporation; and,
WHEREAS, Pulaskd Furniture Corporation is currently seeking to take its stock
"private" and bald erne hundred percent f 1(1n%1 of said shares itt a holding cc~ntnaniv; and,
WHEREAS, Pulaski Furniiturt Corporation has requested a waiver of any
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~iuvi~iuiW ili utc aiV~caa+u uccu tier aius~ ti~~raui~y a ucaatu~ Vu we ~i vi c ~ ruiui~uaa
Corporation for traasierring said siocic interest as herein descrioeck;
NOW Z'HE)<tEFORE, be it hereby adopted as as ordinance of the Town of Pulaski,
Pulaski, Vuginia, that tlu Tows Attorney is authorized to draw and execute nay waivers and all
legal documents necessary to effect the intern ofthis ordinance waiving any default by Pulaski
Furniture Corporation in the transfer of its stock to a holding comnanp and ratifying that Pulaski
F~^rn~h~~„rr !'nrt+nrstinn rrm~a~in~ t~F+liaate~ri to the Tnv„m ~fP~~Iwe1ri Vrainil for n,^rw n^rtcfan~ino
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This Ordinance is effective upon adoption and by duly recorded vote of the Town
Council of the Town of Pulaslq Virginia, on this 20"' day of Juae,1000 as follows:
James M. Nebiett _ Absent
bane R., Penn - Aye
ToflFrnv C Wnrrnlt _ Aye
ASP
Attest
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Patricia Pendergrast, CIerk o ouncil
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Daniel Talbert, Jr. _ Aye
Jo~enb. L. Wecldl_e - Aye
p,.~t;,,A ~':, 11it;*rtiAn _ Aye
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TOWN OF PULASIt_1!, VIl~GINIA
By: ,
n T crop Mavnr
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I, Patricia Pendergrast, Clerk of Council, certify that the foregoing Ordinance 2000-11,
permitting waiver of provisions for deed of trust of Pulaski Furniture dated 24~' day of
September 1996, is a true and correct copy as adopted by the Pulaski Town Council at
their regular meeting on June 20, 2000.
Patricia Pendergrast, Cle of Council
tp/c/ordinance/certification template
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