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<br />M <br /> <br />:', c? 't J/ l <br /> <br />City Council <br />Agenda Summary <br /> <br />Martinsville <br /> <br />Meeting Date: <br />Item No: <br />Department: <br />Issue: <br /> <br />May 23, 2006 <br /> <br />3. <br /> <br />City Manager <br /> <br />Consider adoption of a Resolution giving Piedmont <br />Community Services the authority to borrow funds. <br /> <br />Summary: <br /> <br />As discussed at your May 9 work session, City Council approval is sought for the <br />enclosed Resolution, which authorizes Piedmont Community Services to borrow <br />funds. The Resolution is broadly construed and may apply to other projects in <br />the future. <br /> <br />With this Resolution, the City of Martinsville does not incur any financial <br />responsibility . <br /> <br />Attachments: <br /> <br />Letter from Attorney John Gregory <br />Resolution <br /> <br />Recommendations: <br /> <br />Motion to adopt <br />