HomeMy WebLinkAbout09-06-74~6~~
Minutes of a called meeting of the Fulaski Town Council held
September 6, 1974 at 4:00 F. M. in the Council Chambers in the Municipal
Building.
There were present: Mayor Raymond F. Ratcliff, presiding.
Councilmen: Andrew L. Graham, Blair B. Brockmeyer, Mason A. Vaughan,
William A. House, Bob J. Clark, James M. Neblett, Jr.,
C. William Hickam, Arthur L. Meadows
Also present: Town Manager: J. E. Marshall
Clerk: Gladys R. Dalton
Town Attorney: Garnett S. Moore
Visitors: J. R. Schrader, Southwest Times reporter
WBLB Radio Station reporter
The invocation was given by Councilman House.
Mayor Ratcliff stated the purpose of the called meeting was
to consider the adoption of a resolution providing for the sale of
$600,000 of Street Improvement Bonds of the Town of Pulaski; also
a resolution accepting the offer to purchase and directing the
execution and delivery of $600,000 Street Improvement Bonds, and
to consider a Street Lighting Contract with Appalachian Power Company,
SPECIAL and any other items that may legally be brought bef ore the Council.
MEETING
RE: SAFE
OF S TRE~ET
IMPROViF~4ENT
BONDS
Waiver of Notice appears on the next page ~~5644
NOTICE
OF
WAIVER
~+M• P. S~Py2MICROFILMED
VIY2GIhi?A ~1'ATF LIBRARY
Archives Division Q /~
Camera Operator ~!~.:.~.._ "`'6~i
II Reel No..o~.~.~:__ Date.. AU G.. 2 8 1975
~s~~
September 6, 1974
WAIVER ~JF NOTICE OF SPECIAL MEETING
We, the undersigned, duly elected members of the Council of the
Town of Pulaski, Virginia, hereby waive notice of a special meeting of said
Council at 4:00 P. M. on the 6th day of September, 1974, called by Mayor
Raymond F. Ratcliff for the purpose of considering a resolution providing
for the sale of $600,000 of Street Improvement Bonds of the Town of Pulaski,
Virginia, dated September 1, 1974, and also a resolution accepting the offer
to purchase and directing the execution and delivery of $600,000 Street
Improvement Bonds of the Town of Pulaski, Virginia; also to consider a Street
Lighting Contract with Appalachian Power Company;, and any other items that
may legally be brought bef ore the Council.
WITNESS our signatures this 6th day of September,. 1974.
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September 6, 1974 - called meeting
Town Manager Marshall advised that the ten year street
1
lighting contract with Appalachian Power Company will expire in
~Dctober, 1974, and the Company is phasing out all mixed incandescent
and mercury contracts to all mercury contracts as they become
renewable. Mr. Marshall stated as an estimate of figures in which
to relate the total overall cost and increase, the following figures
were recited: the street lighting bill for July, 1974 was $2,266.83.
Under the new contract of all mercury, for the same period of time
mentioned, would have been $2,780.35, which is an increase of $512.52
per month, or a total increase per year of $6,050.24. Mr. Marshall
AUTHORIZEDstated under the new all mercury contract some areas of Town where the
ADOPTION
OF 5-YR. street lighting is inadequate, along the main thoroughfares in town and
ST. LIGHT.
CONTRACT some areas where there are incandescent light fixtures, would be up-
WITH APCo.
graded. Mr. Marshall presented the standard form contract, together
with a Resolution for Council's consideration and adoption. Councilman
Vaughan moved that the Resolution be adopted authorizing the execution
of the Street Lighting Contract with Appalachian Power Company for a
five-year period. The motion was seconded by Councilman Clark and
carried on the following recorded vote:
C. William Hickam
Andrew L. Graham
Blair B. Brockmeyer
Mason A. Vaughan
- aye William A. House - aye
- abstained Bob J. Clark - aye
- aye Arthur L. Meadows - aye
- aye James M. Neblett, Jr.aye
~~`~~
September 6, 1974 - called meeting
Town Attorney Moore read to Council a letter from
W. H. Elmore, President of the Bank of Virginia, in which
letter it was stated that the Bank of Virginia, Pulaski,
proposed to purchase at par value $300,000 of the $600,000
Town of Pulaski bond issue as authorized by Town Council on
August 23, 1974; it being their understanding that Virginia
LETTERS FROM TWO National Bank has submitted ~ proposal to purchase the
LOCAL BANKS, RE:
i~UR~ OF TOWN remaining $300,000 bonds at par value. Mr. Moore then read
BONDS FOR STREET
IMPROVEMENTS a letter from the Virginia National Bank containing an agreement
to purchase, at par plus accrued interest to delivery date,
& MADE PART OF
MINUTES from the Town of Pulaski $300,000 General Obligation Bonds, 5 7/8%,
dated September 1, 1974. Mr. Moore stated the agreed upon dis-
tribution between the two local Banks was shown in the letter
from the Bank of Virginia, as follows:
Year Amount Payable Purchasing Bank
1975 $ 10,000 BOVA-Pulaski
1976 60,000 BOVA-Pulaski
1977 100,000 VNB
1978 100,000 B'OVA-Pulaski
1979 10,000 BOVA-Pulaski
1980 100,000 VNB
1981 100,000 BDVA-Pulaski
1982 100,000 VNB
1983 10,000 BOVA-Pulaski
1984 10,000 BOVA-Pulaski
Total $ 600,000
Councilman House moved that the offer from the Bank of
Virginia and the Virginia National Bank for the purchase of
$600,000 of Town of Pulaski Bonds, dated September 1, 1974
for the Street Improvement Project, at an interest rate of
5-7/8% be accepted and filed. Councilman Vaughan seconded
the motion, which carried on the following recorded vote:
C. William Hickam - aye William A. House - aye
Andrew L. Graham - aye Bob J. Clark - aye
Blair B. Brockmeyer - aye Arthur L. Meadows - aye
Mason A. Vaughan - aye James M. Neblett, Jr. - aye
September 6, 1974 - called meeting
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B~n1~OF V t~~n~C~ One Main Street u ~J+~
Pulaski P. O. Box 551 -
Pulaski, Virginia 24301 ~~ ~ -'~
~Y•~ .~r+".~/eon ~`,t~<~t°Jr_°Y~ ,
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W~Iiam H, Elmore
President ''
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~~ I August 27, .1971+ ~~
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To Council. ;E
To of Pulaski
Put ski, Virginia r ~~
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Ge lemen;
Th Bank of Virginia,-Pulaski, proposes to purchase at par value-
3 X000 of the ..$600,000 Town of Pulaski bond issue.. as authorized by
To Council on August 23, 1971.` We understand that Virginia National '
B has written to you proposing to..purchase the rema.;n;ng X300,000
of ! onds at,par value.
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Th bonds t
o be
dat
ed
September 1, 1971+, shall be serial bonds and
sh 1 constitute an. issue of bonds payable in annual installments in
th amounts shown-below on September ,l in each of the years 1975 to
19 inclusive. Theagreed u on distribution as between
P the t
wo banks
is own far referenceonly. K~
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Year Amount Payable Purchasing Bank
;;
~.
1975 ~ 10,000 BOVA-Pulaski ' '`
1976 60,000 BOVA-Pulaski
1977 100,000 VNB ;
1978 100,000 BOVA-Pulaski ,
.1979 .10,000 BOVA-Pulaski ~'
1980 100,000 yKg
1981 100,000 BOVA-Pulaski ~
1982 ,,100,000 VNB
1983 10,000 BOVA-Pulaski
1981+ 10,000 BOVA-Pulaski
Total . 600,000.
,-
Eac of the bonds is to carry a five and seven-eighths percentum
(5 ~~~ per annum cauPon. :The bonds .are to be in bearer-form, and the '~
- ant a X600,000 issue is to`be delivered to'the Trust Department of i;he
Bank of Virginia, Central, Richmond, Virginia for the Bank of Virginia,
Pulaski. and the Virginia National Bankagainst payment on a mutually
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5~~g September 6, 1974 - called meeting
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,. _.- _ .
NATIONAL S ~ P 61974
-BAN K
PULASKI, VIRGINIA 1
August 28, 1974 Ya~ ^';
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Town Council
Town of Pulaski
i
Pulaski, Virginia 24301
Gentlemen:
~--- This is to advise that.Virginia National Bank, ''Pulaski, Virginia,
hereby agrees to .purchase, at par plus accrued-interest to delivery
"~ date, from the Town of Pulaski $300,000.00 General>Obligation Bonds,'
5 7/8%, dated September 1, 1974 and maturing as follows:
I
$100,000.00 due September 1, 1977
100,000.00 due September 1, 1980 '.~
100,000.00 due September 1, 1982
$300,000.00 I
This offer to purchase the above bands is with the understanding that
Bank of Virginia/Pulaski, Virginia, agrees to purchase the remaining
$300,000.00 bonds and that 'the Town of Pulaski,meets'all of the°require=
ments and conditions-outlined in the letter of intent, submitted by the
Bank of Virginia, Pulaski.
Very truly yours,
(Mrs.) M~ry L. Steer
Assistant Vice President
MLS/sh
cc: Garnett S. Moore, atty.
Town of Pulaski
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September 6, 1974 - called meeting
Town Attorney Moore read to Council a letter from Mr. Robert
C. Watts, Jr. of the office of Treasurer of Virginia, in which he
advised that in view of the money market condition at present, the
LETTER FR.
TREAS. OF State Commission on Local Debt recommended that the Town of Pulaski
VIRGINIA
OFFICE RE: accept the offer to purchase the bonds by the Bank of Virginia-Pulaski
BONDS
and the Virginia National Bank in accordance with the terms and
READ AND conditions as outlined in their proposal.
~~~
FILED Councilman Neblett moved that the Letter from the State Department
of the Treasury, in particular Mr. Robert C. Watts, Jr. be received
and filed, and a letter written thanking them for their assistance.
The motion was seconded by Councilman Hickam, and carried.
Councilman William A. House introduced a resolution prescribing
1
the details and providing for the sale of $600,000 Street Improvement
Bonds of the Town of Fulaski, Virginia, dated September 1, 1974, and
RESOLUT-ION moved its adoption. Councilman Mason A. Vaughan seconded the motion
PRESCRIB. and the resolution was adopted by the following vote:
DETAILS OF C. William Hickam - aye William A. House - aye
Andrew L. Graham - aye Bob J. Clark - aye
SALE OF $600,000 Blair Brookmeyer - aye Arthur L. Meadows - aye
Mason A. Vaughan - aye James M. Neblett, Jr.- aye
BONDS FOR
ST. IMgVT.
ADOPTED
& ACCEPT .
SAME
Councilman Robert J. Clark introduced a resolution accepting
an offer to purchase and directing the execution and delivery of
$600,000 Street Improvement Bonds of the Town of Fulaski, Virginia,
dated September, 1974, and moved its adoption. Councilman Andrew L.
Graham, Jr., seconded the motion and the resolution was adopted
by the following vote:
C. William Hickam - aye
Andrew L. Graham - aye
Blair B. Brookmeyer - aye
Mason A. Vaughan - aye
William A. House - aye
Bob J. Clark - aye
Arthur L. Meadows - aye
James M. Neblett,Jr.- aye
The original resolution and form of Bond and form of Coupon,
appear at pages 5650 to 5664 -
~s
3aptaabar 6, 1974 - called ^aatin~
CONL~+IONN7EALTH OF VIRGINIA
• ss.
TOWN OF PULASKI
I, Gladys R. Dalton , Clerk of Council of the Town of
Pulaski, in the Commonwealth of Virginia, DO HEREBY CERTIFY
as follows:
1. A Special meeting of the Town Council of the
Town of Pulaski, a town located in the County of .Pulaski,
Commonwealth of Virginia, was duly held on September 6 ,
1974, and minutes of said meeting have been duly recorded in
the minute book kept by me in accordance with law for the
purpose of recording the minutes of meetings of said Town
Council and such minutes .appear at pages 5650 to 5664 ,
inclusive, in said book.
2. I have compared the attached extract with said
minutes so recorded and said extract is a true copy of saki
minutes and of the whole thereof insofar as said minutes
relate to matters referred to in said extract.
3. Said minutes correctly state the time-when said
meeting was convened and the place where such meeting was held
and the members of said Town Council who attended said meeting.
IN WITNESS WHEREOF, I have hereunto set my hand and
have hereunto affixed the corporate seal of said Town, this
6th day of September, 1974.
n
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Clerk of ouncil of the
Town of Laski, Virginia
J
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September 6, 1974 - called meeting
GGJr . /JAL :9/3/`14-c s
MEETING OF THE TOT~'N COUNCIL OF THE TOWN OF
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PULASKI, VIRGINIA, HELD AT THE TOt~TN OFFICE, IN SAID" TOthTN,
ON SEPTEMBER 6 , 1974.
I
MEMBERS PRESENT:
C. W. Hickam, Jr. William A. House
Andrew L,. Graham, Jr. Robert J. Clark
Blair B. Brockmeyer Arthur Meadows
Mason A. Vaughan James M. Neblett
I MEMBERS ABSENT:
None
i
The meeting convened at 4:00 o'clock, P .M.
William A. House introduced a reso-
I
l~a~ion prescribing the details and providing for the sale of
$6Q?O,OOO Street Improvement Bonds of the Town of Pulaski,
Vi~•ginia, dated September 1, 1974, and moved its adoption.
Mason A. Vaughan seconded the motion and the resolu-
i
tin was adopted by the following votes:
f
C. W. Hickam, Jr. Aye William A. House Aye
Andrew L. Graham, Jr. A.~e Robert J. Clark Aye
Blair B. Brockmeyer Aye Arthur Meadows Aye
j Mason A. Vaughan A~ e James M. Neblett Aye
~•
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A true copy of said resolution is hereto attached..
Robert J. Clark introduced a
"
resolution accepting an offer to .purchase and directing the
execution and delivery of $00,000 Street Improvement Bands
i
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~s~~r
September 6, 1974 - called meeting
of the `t'own of Pulaski, i~irginia, dated. September 1, 1974, and
moved its adoption. Andrew L.Graham,Jr. seconded the motion
and the resolution was adopted by the followin; votes:
C. W. Hickam, Jr. Aye William A. House Aye
Andrew L. Graham, Jr. Aye Robert J. Clark Aye
Blair B. Brockmeyer Aye Arthur Meadows Aye
Mason A. Vaughan Aye James M. Neblett Aye
A true copy of said resolution is hereto attached.
The meeting adjourned at 5:00 o'clock, P .M.
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September 6, 1974 - called meeting
~~ :.
RESOLUTION PRESCRIBING THE DETAILS AND PROVIDING
FOP. THE SALE OF $500,000 STREET IMPROVEMENT BONDS OF THE
TOtJ'N OF PULASKI, VIRGINIA, DATED SEPTEMBER 1, 1974.
WHEREAS, an ordinance entitled "An Ordinance
authorizing the issuance of $750,000 of bonds of the Town of
Pulaiski to finance the cost of improving the Town's streets
andproviding for the submission of the question of issuing
said bonds to the qualified voters of said Town" adopted by
the To~•m Council of the Tocan of Pulaski on September 4, 1973,
authorizes the issuance of $750, 000 of_ bonds of the ToG=m of
Put~ski to finance the cost of improving steers maintained by
the !Toti=m; and
j1HEP.EAS, said bonds have been approved by the
affirmative note of a majority of the qualified voters of said
To~~j voting on the question of their issuance at an election
duly) called and held on November 27, 1973; and
ti•~HEREAS, the Town desires to provide for the issuance
and~sale of a portion of the bonds authorized by said ordinance:
NOw~ THEREFORE,
BE IT RESOLVED BY THE Totem Council ~f the Town of Pulaslci,
Vir,~inia , as ~Eo11n=,,~ :
i
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J~S~ September 6, 1974 - called meeting
Section 1. The Torn of Pulaski shall issue its bands
in the aggregate principal amount of $600,000. Said-bonds shall
be designated "Street Improvement Bonds". Said bonds shall be
issued pursuant to the Public Finance Act (Chapter 5 of Title
15.1 of .the Code of Virginia, 1950, as amended) and pursuant to
the aforesaid ordinance and election.
Section 2. Said bonds shall be serial coupon bonds,.
registrable as to principal only, and shall be numbered, shall be
in the denomination of gad shall 'oe payable in annual installments
on September I in each year, as folloT~~s
NUMBERS DENOMINATIOP3/ AMOUNT PAYABLE YEAR
1 ~
2
7 60,000 ($10,000 each) ~9jb
8 $ 100,000 1977
9 $ 100,000 1978
10 $ 10,000 1979
ll $ 100,000 1980
12 $ 100,000 1981
I3 $ 100,000 1982
14 10,000 1983
15 ~ 10,000 1984
Section 3. Said bonds shall be dated September I, 1974 and
shall bear interest from their date at a rate or rates which shall
not exceed the rate permitted by lati•~, provided any, such rate. or rates
shall not exceed six percentum (6%) per annum. Interest shall be
payable semi-annually an March land September l in each year.
Section ~~~. Each of said bonds shall be signed by the Mayor
of the Town and shall be attested by the C1erlc of Council, and each
of the in~erest coupons representing the interest payable on such bon
shall be authenticated by the facsimile signature of said Mayor and
Clerk. The corporate seal of the Town shall be affixed to or
impressed upon each of said bonds.
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Sapteaber 6, 1974 - called meting
1
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Section S. Both pri~
bonds shall be payable at t~
Centiral, in the City of Ric'
currency of the United Stan
payment, is legal tender fo~
debts.
Section 6. Each of
coupons to be thereto attacl
~~
~cipal of and interest on the ',
e principal office of Banc of Virginia-
ond, Virginia, in any coin or
s of America ~~7hich, at the time of
the payment of public and private
i
aid bonds and each of the interest
:~ed and the provisions for the
registration of the bonds tc~ be endorsed thereon. shall be in
substantially the following form:
NO .~_
(FORM OF
BOND)
N0 .~,
$~_
The TOtiJN OF PUT~ASKI (hereinafter referred to as "Yawn"},
a mn#~icipal corporation of the Commonwealth of Virginia, situated
in the County of Pulaski, h~reby aclanowledges itself indebted and,'
for value received, promise to pay to the bearer of this bond, or
if this bond be registered,~llto the registered holder hereof, the
principal sum of ~~
THOUSAND DOLLARS (S )
I
UNITED S RTES OF AMERICA
COMP~ONLJ LTH OF VIRGINIA
TOi~ N OF PULASKT
STT~EET IMPROVEMENT BOND
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;tjEj,~ 3eptea~ber 6, 1974 - called meeting
On September 1, 19,__________, and to pay interest thereon from the
date of this. bond until it shall mature at the rate of
per centum ( %) per annum, payable semi-annually on March
1 and September 1 in each year, upon presentation and surrender
of the annexed coupons therefor, as they severally become due.
Both principal of and interest on this bond shall be paid at the
principal office of Bank of Virginia-Central, in the City of Richmond,
Virginia, in any coin or currency of the United States of America
which, at the time of payment, is legal tender for the payment of
public and private debts.
This bond may be registered as to principal only by the
holder in his name. on the bond register of the Town kept in the
office of the Town Treasurer, and such registration shall be noted
hereon by said Town Treasurer. If so registered, this bond may be
transferred on said bond register by the registered holder in person.
or by attorney, upon presentation of this bond to the Town Treasurer
with a c~Tritten instrument of transfer in a form approved by said Town
Treasurer and executed by said registered holder. If this bond be so
registered, the principal thereafter. shall be payable only to the
person in whose name it is registered, unless this bond shall be
discharged from registry by being registered as payable to'_~earer.
Such registration shall not affect the negotiability of the coupons,
which shall continue to pass by delivery.
This bond is one of an issue of bonds of Iike date and tenor,
and
except as to denomination/date of maturity, authorized by an
ordinance duly adopted by the Town Council of the Town on September
4, 1973 and issued pursuant to and in accordance with the Public
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S~tambar 6, 1974 - callad meeting
Finance Act (Chapter ~ of Title 15.1 of th.e Cade of Virginia,
19501, as amended) to finance the .cost of improving the streets maitl-
tain~d by the Town of Pulaski. The issuance. of this bond was
apprpved by a majority of the qualified voters of the Town
voting at an election held on November 27, 1973.
It is hereby certified and recited that all conditions,
actsiand things required by the Constitution or statutes of the
Com~nbnwealth of Virginia to exist, be performed or happen
precedent to or in the issuance of this bond, exist, have. been
performed and have happened, and that the issue of bonds of which
this'., is one, together with all other indebtedness of the Town, is
tia?ith~.n every debt and other limit prescribed by the Constitution
or statutes of the Commonwealth of Virginia. The .full faith and
credit of the Toum are hereby pledged to the payment of the principal
of 8~d interest on this bond in accordance with its terms.
IN WITNESS WHEREOF, the Town has caused this bond to be
signed by its Mayon and attested by its Cleric of Council, and
the coupons hereto annexed to be authenticated by the facsimile
signature of its Mayor and Cleric of Council and its corporate
seal to be affixed hereto or impressed hereon, and this bond to
be d~.ted September 1, 1974.
ATTEST:
er~c o ounce
i
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Mayor
-~-
~~ S~pt~aber 6, 1974 - called mastin~
(Farm of Coupon)
N0. N0.
September
On March 1, 19 , the T06+IN OF PULASKI, a municipal
corporation of the ComrnonT~ealth of Virginia, situated in the
County of Pulaski, will pay to tree bearer of this coupon
DOLLARS ($, )
at the principal office of Bank of Virginia-Central, in the City
of Richmond, Virginia, in any coin or currency of the United
States of America which, at the time of payment, is Legal tender
for the payment of public and private debts, being the interest
then due on its Street Improvement Bond, dated September 1, 1974,
No.
(facsimile nature) (facsimile signature)
C~er~ o~ Council Mayor
(Endorsement on Bond)
The within bond has been registered as to
principal only, as follows:
ate o Name o Registere t ignature o Bon
Registration Otianer ~ Registrar/Treasurer
•
•
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Saptaatbar 6,--1~7-~ - call.ad mating J
Section 7. The To~,m Treasurer or such other municipal
official as shall be designated by the Tocan Council is hereby
authorized and directed to provide a suitable bond register
for ithe registration of said bonds and to act as bond registrar
in riegisterin; said bonds and to carry out the provisions set
fortCh in the bonds for the conversion of the bonds into registered',.
bondls and for the transfer thereof.
Section 8. The full faith and credit of the Town of Pulaski
are ~ereby pledged to the payrsent of the principal of and interest'
on skid bonds, and an ad valorem tax shall be levied annually on
f
all property subject to taxation by the Town for the payment of
principal and interact on the bonds as .the same shall respectively
become due.
Section 9. This resolution shall take effect immediately
upon; its adoption.
i
ADOPTED this 6th day of September, 1974, by recorded vote
of Co~unc it as follows
C. W. Hickam, Jr. Ave
Andrew L. Graham, Jr. Aye
Blair B. Brockmeyer Aye
Mason A. Vaughan Aye
f
Att~~
erk f Council
William A. House Aye
Robert, J. Clark Aye
Arthur Meadows Aye
James M. Neblett - Aye
TOWN OF PULASKI, VIRGINIA ',
By '
Mayor
-7-
~•~~~ September 6, 1974 - called meeting .
GGJr./JAL:9/3/74-cs
RESOLUTION ACCEPTING AN OFFER TO PURCHASE AND
DIRECTING THE EXECUTION AND DELIVERY OF $600,000 STREET
IMPROVEMENT BONDS OF THE TOWN OF PULASKI, VIRGINIA, DATED
SEPTEMBER 1, 1974.
WHEREAS, the Town Council has heretofore made pro-
vision for the issuance of $600,000 Street Improvement Bonds
of the Town of Pulaski, dated September 1, 1974; and
WHEREAS, the Bank of Virginia-Pulaski.. and '•.'irginia
National Bank (the "Purchaser") have offered to purchase the
$600,000 Street Improvement Bonds of the Town of Pulaski,
dated September 1, 1974, at the price of par plus accrued
interest to the date of delivery thereof, provided the bonds
bear interest at the rate of 5 7/8~ per annum; and
WHEREAS, the Town Council believes the foregoing
offer presents the best price obtainable for the bonds and
further believes that acceptance of the offer is in the best
interests of the Town and consequently wishes to accept said
offer: NOW, THEREFORE,
BE IT RESOLVED by the Town Council of the Town of
Pulaski, Virginia, as follows:
Section 1. The offer of the Purchaser, as herein-
above set forth, shall be and is hereby accepted.
Section 2, The $600,00 Street Improvement Bonds of
the Town of Pulaski, dated September 1, 1974, shall bear in-
terest at the rate of 5 7/8;~ per annum.
Section ?. The Mayor and Clerk of Council are
hereby authorized and directed to execute said bonds and to
deliver said bonds together with the unqualified. approving
legal opinion of Messrs. Reed, McCarthy &c Giordano and the
customary closing pagers to the Purchaser upon receipt of the
purchase price therefor, including accrued interest.
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^
September 6, 1974 - called meeting
The foregoing officers shall deliver the bonds at the principal
office of Bank of Virginia-Central in the City of Richmond,
Virginia or at such other place as the Town and the Purchaser
shall agree upon.
Section ~. This resolution shall take effect
immediately upon its adoption.
ADOPTED THIS 6th day of September, 1974, by recorded vote
of Ca~incil as follows:
C. W. Hickam, Jr. Aye
Andrew L. Graham, Jr. Aye
Blair B. Brockmeyer Aye
Mason A. Vaughan Aye
William A. House AYe
Robert J. Clark Aye
Arthur Meadows Aye
James M. Neblett Aye
~ssl.
TOWN OF PULASKI, VIRGINIA
By
ayor
Attest:
/,~
Clerk of C ncil
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~s~~
September 6, 1974 - called meeting
There being no further business, on motion of
Councilman Vaughan, seconded by Councilman Ckark, and carried,
Council adjourned at 5:00 P. M.
APPROVED:
~'
Mayor Ratcl'ff ~/
ATTEST
Clerk o Counci
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