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1.16 <br /> TUESDAY, JULY 28, 1998 <br /> <br /> Council next recessed as City Council and convened as the Martinsville Redevelopmerit and Housing <br /> <br /> Authority, in order to consider authorizing the Mayor, as Chairman of the MRHA, to execute an Agreement <br /> with the Martinsville YMCA for temporary use of a portion of the old hospital property on Starting Avenue, <br /> now owned by the MRHA. Mr. Reynoid~ stated to the Authority that the YMCA wanted to use a portion of <br /> the site, approximately 50 feet by 340 feet, for parking and a small play area for children in day care. <br /> Authority Member Haskell asked if any structures were to be erected and was told by Mr. Reynolds that none <br /> would be, and Vice-Chairman Teague asked if playground equipment might be put up, and was told that it <br /> would be. Authority Member Haskell noted the importance of retaining the ability to respond quickly to the <br /> construction needs of the Virginia Museum of Natural History as their new building project on the site <br /> progressed. Mayor Crabtree noted that within the lease the Authority retained the right to perform geo- <br /> technical studies on the site with one week's notice on same. Upon motion duly seconded and by unanimous <br /> vote the Martinsville Redevelopment and Housing Authority authorized the Authority Chairman to execute a <br /> temporary 12-month lease with the Martinsville YMCA for the purpose described. Following this action the <br /> MRHA adjourned and the City Council reconvened. <br /> <br />Council next considered an update report on the financing of renovations to the Albert Harris School. Mr. <br />Reynolds provided this report, which showed estimated project costs and a debt service strategy to finance the <br />project. When questioned by Vice-Mayor Teague about provisions for technology in the budget presented, <br />Mr. Reynolds responded that virtually all technology needs, with the exception of the Rollins Ranger System, <br />were provided for, and that the Rollins system would be purchased at what was expected to be a lower cost <br />closer to the end of construction. Following further discussion concerning revenues to support project costs <br />and debt service and comments of recommendation and encouragement by School Board Chairman Reverend <br />William A. Shackleford, and upon motion duly seconded and by unanimous vote, Council approved an overall <br />not-to-exceed project budget figure of $9.1 million for the Albert Harris School Project. It was noted that <br /> <br /> <br />