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<br />58
<br />
<br />TUESDAY
<br />
<br />JANUARY 28, 1975
<br />
<br />WHEREAS, by petition dated November 7, 1974 and filed with Martinsville
<br />City Council on November 12, 1974, Tully Corporation of Virginia (Sale
<br />Knitting Division) requested the closing of Fontaine Street, situated
<br />east of Franklin Street and lying within the property boundary lines
<br />of petitioner; and
<br />
<br />WHEREAS, by report dated December 31, 1974 the Martinsville Planning
<br />Commission recommended that petitioner's request be granted and, also,
<br />that a fifteen-foot drainage easement, crossing said Fontaine Street
<br />to Commonwealth Boulevard, near Franklin Street, be abandoned; and
<br />
<br />WHEREAS, at its regular meeting held January 28, 1975, pursuant to
<br />Section 3 of Chapter 8 of the Charter of the City of Martinsville,
<br />Virginia, the Council of the City of Martinsville conducted a
<br />duly-advertised public hearing on said petitioner's request, as
<br />approved and amended (as to drainage easement) by the Martinsville
<br />Planning Commission; now, therefore,
<br />
<br />BE IT ORDAINED by the Council of the City of Martinsville, Virginia,
<br />in regular meeting assembled January 28, 1975, that it doth hereby
<br />accept the report and recommendation of the Martinsville Planning
<br />Commission, hereinbefore cited, and does hereby declare and order
<br />the abandonment, closing and vacating of that street heretofore
<br />identified as Fontaine Street, which lies within and is surrounded
<br />by property owned by Tully Corporation of Virginia (Sale Knitting
<br />Division), situated north of Commonwealth Boulevard and east of
<br />Franklin Street, and does also hereby abandon a fifteen-foot
<br />drainage easement crossing Fontaine Street to Commonwealth
<br />Boulevard, near Franklin Street, all of which is shown on a map
<br />entitled, "Map of Properties for the Tully Corporation of
<br />Virginia, Sale Knitting Division", as prepared by J. A. Gustin
<br />& Associates under date of October 15, 1974, and revised December
<br />17, 1974 to add location of permanent easements; and
<br />
<br />BE IT FURTHER ORDAINED by said Council that a copy of this ordinance
<br />be filed forthwith with the Clerk of Martinsville Circuit Court,
<br />as directive and authorization to mark his records accordingly.
<br />
<br />Irr a prepared statement, Councilman Barry A. Greene analyzed various financial
<br />
<br />problems currently facing the City, including the anticipated inability of the
<br />
<br />1974-75 Boards of Assessors and Equalization to complete their required processes in
<br />
<br />time to enable the City to prepare the forthcoming Spring billing of real estate taxes
<br />
<br />predicated upon appraisals and/or assessments as of January 1, 1975. Accordingly,
<br />
<br />with the verbal assurance from Virginia's Attorney General's office that the City
<br />
<br />may use assessed valuations as of July 1, 1974 as the basis for said 1975 Spring
<br />
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