Laserfiche WebLink
115 <br /> <br />April 13, 2004 <br /> <br />Council considered the need to meet in Closed Session. In accordance with <br /> <br />Section 2.1-344 (A) of the Code of Virqinia (1950, and as amended) and upon motion <br /> <br />by Council Member Dallas, duly seconded, and by unanimous recorded vote, Council <br /> <br />convened in Closed Session, for the purpose of discussing the following matters: <br /> <br />A prospective business or industry or expansion of an existing <br />business or industry where no previous announcement has been <br />made of the business' or industry's interest in locating or expanding <br />its facilities in the community, as authorized by Subsection 5. <br /> <br />Council recessed at 8:40 P. M., and convened as the Martinsville <br /> <br />Redevelopment and Housing Authority. <br /> <br />The Authority considered adoption of a Resolution approving the operating <br /> <br />budget for fiscal year 2005 for Section 8 Moderate Rehabilitation and Housing-Choice <br /> <br />Voucher Programs. Wayne Knox, Planning, Zoning, & Housing Manager, presented an <br /> <br />overview. Authority Member Ferrill moved to adopt the following Resolution; the motion <br /> <br />was duly seconded and carried by the following vote, with all members present voting: <br /> <br />Vote 4 - 0: Yays (4) - Cobbe, Dallas, Ferrill, Roop; Nays (0) - None: <br /> <br />WHEREAS, the Operating Budget for Fiscal Year July 1, 2004 <br />through June 30, 2005 for Section 8 Moderate Rehabilitation <br />Project VA045MR0001 has been reviewed by the members of the <br />Martinsville Redevelopment and Housing Authority; and <br />WHEREAS, the Operating Budget for Fiscal year July 1, 2004 <br />through June 30, 2005 for Section 8 Housing - Choice Vouchers <br />has been reviewed by the members of the Martinsville <br />Redevelopment and Housing Authority; and <br /> <br />a) The proposed expenditures are necessary in the efficient <br />and economical operation of the Housing Authority for the purpose <br />of serving Iow - income families. <br />b) The financial plan is reasonable in that it indicates a source <br />of funding adequate cover all proposed expenditures. <br />c) All proposed changes and expenditures will be consistent <br />with provisions of law and the Annual Contributions Contract; now, <br />therefore <br /> <br /> <br />