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<br />~') <br />'I..? <br /> <br />August 1, 2006 <br /> <br />wanted to clarify that it is the City's intent for their rates to be lower than the <br /> <br />current system if we are successful in purchasing the cable system. <br /> <br />~...., <br /> <br />Council considered an addendum to the agenda relative to adopting a <br /> <br />resolution authorizing the City Manager or Assistant City Manager to execute a <br /> <br />Support Agreement necessary to secure construction financing for the new <br /> <br />available building to be constructed at Patriot Centre Industrial Park by <br /> <br />Martinsville-Henry County Economic Development. Vice Mayor Clark moved to <br /> <br />adopt the Resolution (Attachment B); the motion was duly seconded and <br /> <br />carried by the following vote, with all members voting: Vote 4-0. Yeas (4) - <br /> <br />Reynolds, Clark, Ferrill, Lawson. Nays (0) -None. Absent (1) - Anderson. <br /> <br />Council considered the need to meet in Closed Session. In accordance <br /> <br />with Section 2.1-344 (A) of the Code of Virginia (1950, and as amended) and <br /> <br />upon motion by Council Member Ferrill, duly seconded, and by unanimous <br /> <br />recorded vote, Council convened in Closed Session, for the purpose of <br /> <br />discussing the following matters: Appointments to Boards and Commissions <br /> <br />as authorized by Subsection 1 and Consultation with legal counsel pertaining <br /> <br />to specific legal matters requiring the provision of legal advice by such counsel, <br /> <br />as authorized by Subsection 7. <br /> <br />At the conclusion of this Closed Session, each returning member of <br /> <br />Council certified that (1) only public business matters exempt from open <br />