Minutes 10/14/1952 - Laserfiche WebLink

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3 TUESDAY OCTOBER 14. 1952 The regular semi-monthly meeting of the Council of the City of Martinsvil1e, Virginia, with Mayor R. S. Hodnett presiding, was held in the Council Chamber, City Hall, on Tuesday, October 14, 1952, at 7:30 o'cloCk P.M., the following members being present: Mayor and Councilman R. S. Hodnett, and Councilmen C. P. Craig, W. T. Turner, and J. R. Walker, - Councilman D. H. Goode being absent. Minutes of the regular Council meeting held September 23, 1952, upon being read, were approved. Noting the presence of Mr. J. L. Gregory, Jr., member of the City School Board, Council deferred its regular order of business to hear Mr. Gregory and any other ~" ~o ~~ ~ visitors present who might wish to be heard. Mr. Gregory appeared on behalf of the School Board. to answer any questions the Council might have in connection with the School Board's request that the City purchase two houses and lots on Ellsworth Street from the T. G. Burch Estate. It was the Board's recommendation that the City purchase said property, exercising for the School Board. an option it had to acquire said property for $16,000.00 from the Burch Estate, assuring the Cit.y that it could dispose of that portion of said property (the two houses and some 119 feet of land) not needed for school purposes for approximately the same amount as it would pay for it, leaving some 93 feet for school purposes; in the event, however, the full purchase price is not realized in re-se11ing the property, the School Board would absorb through its current budget the difference; whereupon motion, duly seconded and unanimously carried by recorded vote, Council appropriated the sum of $16,000.00 for the purchase of said Ellsworth Street property and, at the same time, authorized the increasing of current estimated revenue by the same amount to be realized as aforestated.