Minutes 05/09/1972 - Laserfiche WebLink

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: : u TUESDAY MAY 9, 1972 In tentative acceptance of the Planning Commission's recommendation, Council called for a duly-advertised public hearing to be conducted by Council at its forthcoming June 13th meeting on a proposal to amend the City's Zoning Ordinance--on petition of Sale Knitting Division of the Tully Corporation of Virginia--by reducing the setback requirement on the west side of Moss Street, between Church & Fayette Streets, in an amount yet to be determined. At the Planning Commission's request, Council continued for consideration a recommended proposal to change certain street-names. Mr. W. K. Putney, Chairman of Martinsville City School Board, and Mr. John D. Richmond, School Superintendent, appeared before Council and reviewed certain aspects of the School Board's proposed operating budget in the amount of $3,167,244.00 for the fiscal year beginning July 1, 1972, with the increase thereof over the current 1971-72 budget being wholly offset by increased State funds; whereupon motion, duly seconded and unanimously carried, Council approved said proposed budget for inclusion in the City's forthcoming 1972-73 budget. Also, upon recommendation of the aforementioned school system officials, Council adopted the following resolution authorizing the School Board to apply to the Virginia Literary Fund for a loan of $325,000.00 to supplement assured Federal funds in the amount of $286,000.00 to construct a new Vocational Shop Building in the vicinity of Martinsville Senior High School, off Northside Drive, which loan will be payable in fifteen annual installments and the interest thereon at 3% to be paid annually on balances outstanding: WHEREAS, The School Board for the City of Martinsville, Virginia, on the ninth day of May, 1972, presented to this Council, an application addressed to the State Board of Education of Virginia for the purpose