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TUESDAY. FEBRUARY 11, 1997 <br />counsel., as authorized by Subsection 7;and (2) consultation with legal <br />counsel, as authorized by Subsection 7. At the conclusion of this <br />Executive Session,. each member of Council certified that (1) only <br />public business matters exempt from open meeting requirements were <br />discussed in said Executive Session; and (2) only those business <br />matters identified in the motion convening the Executive Session were <br />heard, discussed or considered during said Session. <br /> <br />Council took no action on the first matter discussed in Executive <br />Session. <br /> <br />Regarding the second item, upon motion, duly seconded and by unanimous <br />vote, Council authorized the City Manager to execute a Guaranty on <br />behalf of the City of the Lease Agreement between the Martinsville <br />Redevelopment and Housing Authority and DAV-CAN Associates. The <br />Guaranty assures DAV-CAN's lenders that the City guarantees the lease <br />payments of the Martinsville Redevelopment and Housing Authority on the <br />new Department of Motor Vehicles facility. The Authority will in turn <br />sub-lease the facility to the Commonwealth of Virginia. <br /> <br />An announcement was made of a Council Work Session to be held February, <br />13, 1997, beginning at 11:00 A.M. <br /> <br />There being no other items to be considered, Mayor Adams declared the <br />meeting ad3ourned. <br /> <br />Heater, Clerk Of Council <br /> <br /> <br />