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128 <br /> TUESDAY, JANUARY 13, 1998 <br /> <br /> neighborhood. Mayor Adams asked about the schedule for harvesting the timber from the site, and was told <br /> <br /> that this work had already begun, but had been delayed by recent weather conditions. In response to a <br /> question from the Mayor, Mr. Harned stated that the completion schedule for the work was to be ten months <br /> from start date. Vice-Mayor Crabtree then asked how many such sites as those that would be created in this <br /> work were available in the community. Mr. Harned replied that only one was available, in the Beaver Creek <br /> Industrial Park. Mayor Adams asked about the process for drawing down funds for the wor~ and stated his <br /> interest in seeing that the City was careful to retain its funds as long as possible in order to maxirnize interest <br /> earnings. Mr. Reynolds replied that this would be done, and that the reimbursement process on the funds to <br /> be applied was very responsive. Some additional discussion was then held concerning the potential for future <br /> site development, sigualization of related intersections, and possible sizes of buildings that could be <br /> accommodated on the sites to be graded. Mr. Harned noted that the most marketable size of building would <br /> be about 100,000 square feet. Discussion was completed, and upon motion duly seconded, and by unanimous <br /> vote, Council approved the conditional award of the contract to J. C. Joyce, pending approval of the <br /> contractor by the EDA. <br /> <br />Council next moved to Item XIV on their Agenda, which was consideration of the adoption of a Resolution <br />endorsing the Martinsville-Henry County Chamber of Commerce's efforts to re-establish inter-City bus <br />service to the local area. Mr. George Gorman, Chairman of the Chamber's Traffic and Transportation <br />Committee, presented the proposed Resolution, and stated that representatives from the Greyhound <br />Corporation would come to visit the area if the Resolution received approval. Mr. Gorman added that it was <br />likely that Greyhound would seek to have an existing business administer the operation, if established, and <br />that even the City government could be selected to handle this. He also stated that the Greyhound <br />organization is doing well financially, and that a gentleman from Charlottesville, Virginia, is running the <br />company. Upon motion duly seconded, and by unanimous vote, Council approved the following Resolution: <br /> <br /> <br />