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<br />TUESDAY
<br />
<br />FEBRUARY 23, 1982
<br />
<br />Upon motion, duly seconded and unanimously carried, Council adopted an ordinance (as
<br />placed on first reading February 9, 1982) which adopts by reference the 1980 Edition
<br />of the Virginia Erosion & Sediment Control Handbook and substitutes wholly certain
<br />administrative provisions in place of Chapter 7 of said Handbook, pursuant to Title
<br />21, Chapter 1, Article 6.1, of the CODE OF VIRGINIA (1950, and as amended), all for the
<br />purpose of establishing minimum criteria, standards and guidelines for the control of
<br />soil erosion, sedimentation and land disturbing activities, as defined in Section
<br />21-89.3(a) of said CODE OF VIRGINIA, said ordinance consisting of Article 1 (Purpose
<br />and Scope), Article II (Definitions), Article III (Administration), Article IV (Board
<br />of Appeals for Erosion & Sediment Control Judicial Review), Article V (Penalties,
<br />Injunctions, and Other Legal Actions), and Article VI (Severability).
<br />
<br />Mr. John P. Doane, Treasurer of The Budd Company, Troy, Michigan, appeared before
<br />Council and outlined plans to re-open the local Budd Company plant (in Henry County),
<br />formerly designed and used for the manufacture of large motor vehicle trailers, for
<br />the manufacture of passenger rail cars, contingent upon being awarded a contract in the
<br />immediate future by the New York City Rapid Transit Authority for the manufacturing of
<br />825 such cars, and contingent upon the proposed financing of the cost of expanding the
<br />local facility and the re-tooling thereof (with the cost of training and/or re-training
<br />of employees, expected to number eventually up to 600, to be financed by the
<br />Commonwealth of Virginia, as assured in person by Mr. Chaires Nicklas of the State
<br />Division of Industrial Development) through a combination of a $3,000,000 loan, with
<br />interest, from the City (subject to the City's filing an Urban Development Action Grant
<br />application therefor by Friday, February 26, 1982, and the early approval thereof by
<br />the U. S. Department of Housing and Urban Developlment) to The Budd Realty Corporation,
<br />a subsidiary of The Budd Company, the issuing through the Henry County Industrial
<br />Development Authority of $10,000,000 in tax-exempt revenue bonds, and the remaining
<br />$3,750,000 from other sources (i.e., through The Budd Realty Corporation). Mr. Doane
<br />pointed out, further, that the local plant, if The Budd Company is awarded the afore-
<br />mentioned contract, is expected to continue in operation for the manufacture of
<br />passenger rail cars long after the contract--expected to require four-to-five years--
<br />is completed, by virtue of the fact that other rapid transit authorities will be
<br />requiring replacement of and/or increasing numbers of passenger rail cars beyond the
<br />capacity of The Budd Company's Philadelphia facility, it now being the only such
<br />manufacturing facility in the nation, although there is considerable foreign
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