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<br />~4 <br /> <br />FRIDAY <br /> <br />MAY 4. 1962 <br /> <br />for prospective loss of net tax revenues during the next <br />five years, to such extent as the Court in its discretion <br />may determine, because of annexation of taxable values to <br />the City, as provided by and in accordance with Section 15-152.12 <br />and 15-152.13 of the aforesaid Code of Virginia. <br /> <br />(b) With respect to the provisions planned for the future <br />improvement of the annexation at'ea, the City intends to install <br />therein sidewalks, curbs and gutters, and sewer and water <br />facilities and to make provision for public utilities and <br />services comparable with those now available to the residents <br />of the City within its present limits and upon substantially <br />the same terms and conditions and under the same general <br />policies then existing applicable to all residents within the <br />present corporate limits. The City intends to extend police <br />and fire protection and garbage collectionse:rvice to the <br />citizens residing 'Within the annexation area and to all building <br />improvements, residences and business operations occupying the <br />same. It is the intention of the City to proceed with reasonable <br />promptness following the effective date of annexation to provide <br />the annexation area, where appropriate, with all of the municipal <br />services now rendered by the City to its present inhabitants <br />and in so doing to maintain the same standards and qualities of <br />service. <br /> <br />(c) The City intends to proceed from time to time to make <br />suitable and reasonable improvement in the annexation area for <br />streets, lights, street signs, garbage disposal, sewers, water <br />supply, drainage, schools, health, police and fire protection, and <br />to do all the further things required by the law <:Jr by the order <br />of the annexation Court. <br /> <br />(d) The City intends to proceed as soon as possible to <br />organize the annexation area into new precincts or attach the <br />same to existing precincts under such regulations as are <br />approved by law. <br /> <br />5. Annexed hereto and made a part hereof is a general area map <br />(Exhibit 1) prepared by Wiley & Wilson, Consulting Engineers, <br />which indicates generally the subdiVisions, industrial areas, <br />farm areas, vacant areas and any others, together with any other <br />information deemed relevant as to possible future uses of the <br />property. <br /> <br />6. The City hereby petitions the Circuit Court of Henry County <br />or the Judges appointed to hear this cause for the annexation <br />of the area aforesaid and to adjudicate all rights in connect- <br />ion therewith. The City Attorney, the City Manager and any <br />special counsel that may be engaged for the purpose, are here- <br />by authorized and directed to give such notices and to in- <br />stitute and prosecute the necessary legal proceedings to <br />annex to the City of Martinsville, by proper decree or judgment <br />of the Circuit Court of Henry County, the territory herein- <br />