Minutes 05/21/1984 - Laserfiche WebLink

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358 MONDAY MAY 21, 1984 WHEREAS, the 1984 General Assembly of the Commonwealth of Virginia estab- lished a new budgetary subprogram entitled "Supplemental Grant, 1983-84 Basic School Aid"; and WHEREAS, the purpose of the supplemental grant is to compensate certain localities for past inequities and/or errors in determining a composite index of local ability to pay educational costs; and WHEREAS, the City of Martinsville has been advised by the Department of Education that the City is entitled to a one-time supplemental grant in the amount of $113,793; and WHEREAS, the Commonwealth is requiring a formal release from affected localities, as to future claims in connection with this matter; now, therefore, BE IT RESOLVED: 1. That the City Council of the City of Martinsville hereby accepts the one-time adjustment to its 1983-84 state basic aid payment and releases the Commonwealth and its agencies from any claim for additional state basic school aid arising out of the individual income levels utilized in determining its composite index of local ability to pay for any prior year. 2. That the Clerk of the Council is authorized to execute and place the City's seal on the prescribed release form. Adopted this twenty-first day of May, 1984. Mr. Charles A. Wilson, referring to prior comments by Mr. Robert S. Johnson pertaining to the City's utility deposit requirements (see portion of this meeting's minutes re- garding the proposed 1984-85 City Budget), urged Council to request City Manager Edmonds to give further study to this matter, including Mr. Wilson's suggestion that the City pay 6% interest on utility deposits. City Manager Edmonds distributed copies of two brochures or pamphlets (one directed to children and the other to adults) recently issued by the City's Electric Department, pointing out specific "do's" and "don'ts" as safety measures to avoid injuries from electrical hazards.