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<br />March 24, 2009 <br /> <br />RFP for capital interest rates and allows a Public Hearing to be set in case these <br /> <br />initiatives are worth pursuing. <br /> <br />Council agreed to set a Council meeting for Tuesday, April 21, at 7:00 PM <br /> <br />for the City Manager to present the budget proposal to Council. Follow up budget <br /> <br />work session dates were set for Tuesday, May 5, at 7:00 PM and Wednesday, May <br /> <br />13, at 7:00 PM. <br /> <br />Wayne Knox gave a report to Council regarding the former Martinsville <br /> <br />Novelty factory at 900 Rives Road that is being proposed as a potential site for a <br /> <br />residential development of 50-60 units by the Landmark Group of Winston <br /> <br />Salem, NC. Wayne pointed out the property will require rezoning and a special <br /> <br />use permit with anticipated construction late 2011. Wayne explained to Council <br /> <br />that a public hearing is necessary to solicit public input on the proposed <br /> <br />Community Development Block Grant (BDBG) proposal to be submitted to the <br /> <br />Virginia Department of Housing and Community Development and that this is a <br /> <br />very competitive grant. <br /> <br />Mayor Lawson opened the public hearing. Public comments included: <br /> <br />James Crigger, Chatham Road, pointed out he serves on the Planning <br /> <br />Commission and initially his main concern was that safety issues be addressed. <br /> <br />Mr. Crigger indicated the development will have an on site manager and he <br /> <br />encouraged Council to go forward since this will bring in residential revenue. <br /> <br />There being no other public comments, Mayor Lawson closed the public hearing. <br /> <br />On a motion by Gene Teague, seconded by Danny Turner, with a 5-0 vote, <br /> <br />Council agreed to adopt the following resolution which grants permission to the <br /> <br />City Manager to submit application for possible CDBG funding to the Virginia <br /> <br />Department of Housing and Community Development and to forward the <br /> <br />resolution to legislators: <br /> <br />RESOLUTION AUTHORIZING THE PREPARATION AND FILING OF AN APPLICATION FOR COMMUNITY IMPROVEMENT GRANT <br />FUNDS THROUGH THE VIRGINIA SMALL CITIES COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM <br />WHEREAS, the City of Martinsville has participated in the Small Cities Community Development Block Grant (CDBG) program under the Virginia <br />Department of Housing and Community Development 2009 Competitive Grant program by undertaking a project with Landmark Group which will <br />involve converting a va;ant fortner factory building into loft apartments; and <br />WHEREAS, the City of Martinsville is eligible for and wishesto submit a 2009 CDBU <br />Low Moderate Income Housing project application for a total request of$500,OOO to the Virginia Department of Housing and Community <br />Development for grant funds by April I, 2009 for consideration during the 2009 CDBG funding round; and <br />WHEREAS, the City has identified and designated a redevelopment area pursuant to Title 36 of the Code of Virginia with said area being <br />characterized by slums and blight due to building, infrastructure, and site deterioration which has served as a disincentive for private investment <br />leading to unrealized commercial growth and underutilized buildings; and <br />WHEREAS, the City of Martinsville acknowledges the provisions of Title 36, Artiele 7 of tlle Code of Virginia; and <br />