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TUESDAY, MARCH 25,~1997 <br /> <br /> ' (C) The provisions'Of this section shall not apply to the keeping <br />of.horses at the City Farm for use by the Mounted Patrol Unit of the <br />Martinsville Police Department. <br /> <br />101 <br /> <br />Upon motion, duly seconded and by unanimous vote, Council designated <br />the City as the fiscal agent for the Piedmont Regional Criminal Justice <br />Training Academy, accepted 815,000 received as start-up funds from the <br />City of Danville, Henry County, and Pittsylvania County and <br />appropriated the funds to a Fund to be established by the Director of <br />Finance for the Academy. <br /> <br />Upon motion, duly seconded and by unanimous vote, Council adopted the <br />following Resolution: <br /> <br /> RESOLUTION <br /> OF THE <br />MARTINSVILLE CITY COUNCIL <br /> <br />Declaring Its Intention To Reimburse Itself From The Proceeds Of One Or <br />More Tax-Exempt Financings For Certain Expenditures Made And/Or To Be <br />Made In Connection With The Acquisition, Construction, Renovation And <br />Equipping Of Martinsville City Jail Facilities <br /> <br />WHEREAS, the City of Martinsville, Virginia (the "Issuer") is a <br />political subdivision organized and existing under the laws of the <br />Commonwealth of Virginia; and <br /> <br />WHEREAS, the Issuer has paid, beginning no earlier than January 25, <br />1997 and will pay, on and after the date hereof, certain expenditures <br />(the "Expenditures") in connection with the acquisition, construction, <br />renovation and/or equipping of a Martinsville City public facility <br />capital project (the "Project"), as more fully described in Exhibit A <br />attached hereto; and <br /> <br />WHEREAS, the City Council of the Issuer (the "City Council") has <br />determined that those moneys previously advanced no more than 60 days <br />prior to the date hereof and to be advanced on and after the date <br />hereof to pay the Expenditures are available only for a temporary <br />period and it is necessary to reimburse the Issuer for the Expenditures <br />from the proceeds of one or more issues of tax-exempt bonds (the <br />"Bonds");l <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Martinsville City Council in <br />regular session assembled on this 25th day of March, 1997, that: <br /> <br />Section 1. The City Council hereby declares the Issuer's intent to <br />reimburse the ~Issuer with the proceeds of the Bonds for the Expend- <br />itures with respect to the Project made on and after January 25, 1997, <br /> <br /> <br />