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<br />TUESDAY
<br />
<br />NOVEMBER 13, 1984
<br />
<br /> AUDIT BUDGET
<br />,,- FUND AT 06-30-84 AT 07-01-84 DIFFERENCE
<br /> General $ 2,267,999 $ 1,961,561 $ 306,438
<br /> Electric 2,874,673 2,562,215 312,458
<br /> Water 814,057 657,212 156,845
<br /> Sewer 438,771 382,369 56,402
<br /> $ 6,395,500 $ 5,563,357 $ 832,143
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<br />As a result of the foregoing audited findings, Councilman Oakes suggested (and, also,
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<br />introduced a motion, which he later withdrew, pending further consideration requested
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<br />by Councilman Groden) that $150,000.00 of the excess surplus be appropriated to apply
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<br />to the cost of water system improvements for which the voters on November 6th authorized
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<br />the issuance of $1,500,000.00 in general obligation bonds, thereby reducing to
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<br />$1,350,000.00 the amount to be offered for sale now being contemplated in mid-January of
<br />
<br />1985 to pay, coupled with 1984-85 budgeted funds, the City's share of the cost of the
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<br />Leatherwood Creek Raw Water Line (constructed by the Henry County Public Service
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<br />Authority). And, in response to Mayor Cole's inquiry, City Manager Edmonds reported
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<br />that a long-range financing proposal or schedule (for other than the Water Utility Fund)
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<br />is now in the process of being prepared for presentation to Council in the near future.
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<br />On behalf of the Martinsvi lle-HenryCounty Clean Community Commiss ion, Mrs. Nancy Henderson,
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<br />Chairman, appeared before Council and reported that this agency has won, for the second
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<br />successive year, the "Governor's Award of Excellence" (1984) in recognition of this
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<br />agency's achievements in litter control, which award will be presented in Richmond,
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<br />Virginia, on January 16, 1985, being the occasion of the annual "Keep Virginia Beautiful
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<br />Awards" ceremony. Council heartily commended this commission for its achievements and
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<br />recognition.
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<br />By advance letter and in person, Mr. William L. Anas, Manager of the Martinsville Cable-
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<br />vision division of Multi-Channel TV Cable Company, notified Council and the public that,
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