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the
<br />
<br />On motion :of Mr; Turner the following ordinance was approved
<br />following vote:
<br />
<br />"AN ORDINAN£B TO APPROPRIATE $1,210,67~1;S1f FROM THE UTILITY
<br />THE CONSTRUCTION OF SANITARY SEWERS AND PUMPING STATIONS."
<br />
<br />on first reading and by
<br />FUND FOR
<br />
<br />Ayes: Holley, Johnson, King, Smith (R), Turner, Barnes
<br />Nays: None
<br />On motion of Mr. Smith (9 Ge bi~ were warded as recommended by the City Manager.
<br />The following letter from Richard M. Smith, Jr., of the National Clay Pipe
<br />
<br />Institute
<br />
<br /> "Pursuant to the award of sewer contracts recently~bid involving vitrified clay pipe
<br />and Armco Plastic T~uss pipe, it is requested that a representative of the clay pipe industry
<br />be allowed to appear before council on July 28th to discuss the merits of both materials.
<br />
<br /> At this time a 100 year quarantee from the manufacturer to the city of Portsmouth will
<br />be presented.
<br />
<br />I sincerely hope you will give my request favorable consideration."
<br />
<br />Mr. Smith spoke.
<br />
<br />George Keene of Armco Pipe Company spoke.
<br />
<br /> 70-$18 "I submit the attached ordinance and
<br />appropriates $46,622 needed in various departmental
<br />City Government.
<br />
<br />recommend it be placed on first reading.
<br />categories for the operation of the
<br />
<br />T
<br />
<br /> It provides $8,922 for the operation of the Neighborhood Facilities Center. These
<br />funds will p~ovidp ~tarial service, janitorial service and office supplies necessary
<br />the operation of this facility.
<br />
<br />for
<br />
<br /> $10,000 is provided to cover the cost of the issuance of warrants for the City by the
<br />Justices of the Peace. These are City warrants issued by the Justices of the Peace at the
<br />request of the Police Department.
<br />
<br /> $2,500 is for the purchase of books for the Public Library. This covers funds that the
<br />Library has received from the State and Federal Governments for the purchase of these books.
<br />Since we are not certain as to the amount of funds the Library will receive from the State
<br />and Federal Governments, we are requesting appropriations for this when the funds are received
<br />
<br /> $25,200 is for payment to the United Appraisal Company for the work that they have done
<br />on the re-appraisal of business, personal property and machinery and tools.'~
<br />
<br /> On motion of Mr. Turner, the following ordinance was approved on first reading and by
<br />the following vote:
<br />
<br />"AN ORDINANCE TO APPROPRIATE $46,622.00 FROM THE GENERAL FUND FOR VARIOUS
<br />PURPOSES."
<br />
<br />Ayes: Johnson, King, Smith (R), Turner, Barnes
<br />Nays: Holley
<br />
<br /> 70-319 '~I submit the attached resolution and recommend its adoption.
<br />the sale of $1,500,000 of Utility Revenue Bonds. It is the balance of bonds
<br />sewer construction in the various sections of the City.
<br />
<br />This authorizes
<br />authorized for
<br />
<br /> $1 million in bonds of this authorization were issued in December to cover the projects
<br />that have been authorized.
<br />
<br /> It is necessary that we sell these bonds at a rate of 6% or under, and
<br />done, they must be re-submitted to a vote of the citizens. The bond market
<br />at this time; therefore, I am recommending the adoption of this resolution."
<br />
<br />if it cannot be
<br />appears favorable
<br />
<br />On motion of Mr. Turner, the following resolution was adopted and by the following vote:
<br />
<br />"A RESOLUTION TO AUTHORIZE THE ISSUANCE OF ONE MILLION FIVE'HUNDReD THOUSAND
<br />DOLLARS ($1,S00,000.00) OF BONDS TO BE KNOWN AS UTILITY BONDS, FOR THE
<br />PURPOSE OF MAKING IMPROVEMENTS, EXTENSIONS AND ADD~I~ONS TO THE REVENUE
<br />PRODUCING UNDERTAKING OF THE CITY CONSISTING OF [TS COMBINED WATER, SEWER,
<br />AND SEWAGE DISPOSAL SYSTEMS, PURSUANT TO SECTION 127, CLAUSE (B), OF THE
<br />CONSTITU~tON OF VIgGINIA, AND CHAPTER S OF TITLE 1S.1 OF THE CODE OF VIRGINIA,
<br />1950, AND UNDER AUTHORITY OF THE VOTE OF THE QUALIFIED VOTERS OF THE CITY
<br />OF PORTSMOUTH AT AN ELECTION HELD ON THE FIFTH DAY OF NOVEMBER, 1968, AND
<br />MAKING PROVISION FOR THE FORM OF SAID BONDS AND FOR THE PAYMENT THEREOF
<br />
<br /> WHEREAS, th~ City of Portsmouth is authorized to establish or enlarge its revenue producing
<br />un'dertaRing<:hbn~isting of its combined water, sewer, and sewage disposal systems, and it ,
<br />is necessary and expedient to make certain improvements, extensions and additions to such
<br />revenue producing undertaking and to issue bonds of the City in the sum of One Million dollars
<br />for that purpose; and
<br />
<br />
<br />
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