Minutes 06/08/1971 - Laserfiche WebLink

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') ') .... - TUESDAY JUNE 8, 1971 The regular semi-monthly meeting of the Council of the City of Martinsville, Virginia, with Mayor F. T. Renick, M.D., presiding, was held Tuesday, June 8, 1971, in the Council Chamber, City Hall, beginning at 7:30 P.M., all members--excepting Councilman W. Donald Hartford, who was out of town--being present, viz., Mayor F. T. Renick, M.D.; Vice-Mayor Francis T. West; Harry L. Boaz; and William D. Hobson. ,- After the invocation, Council approved as recorded the minutes of its regular meeting held May 25, 1971. Pursuant to duly-advertised public notice, Council conducted a public hearing on the City Manager's recommended City Budget for the fiscal year ending June 30, 1972. During the discussion phase of Council's consideration of said recommended budget, several citizens commented specifically on the just-completed quadrennial reassessment of real estate and the suggested tax rates applicable thereto for 1971. In addition, Messrs. Leon Globman, T. J. Childress, Jr., and Ben W. Via, members of the Planning Commission, commented on aspects of the proposed budget, with Mr. Globman emphasizing the need for fiscal long-range planning to finance needed capital improvements. After further discussion, upon motion--duly seconded and unanimously carried of those members present--Council established a tax rate of $l.90 per one hundred dollars of assessed valuation on real estate and public service corporation properties for the forthcoming 1971 fall levy, and then adopted said proposed budget reflecting an adjustment thereto, predicated upon said $1.90 tax rate, with minor revisions elsewhere to reflect an updating of several accounts therein. A summary appropriation ordinance follows, as adopted: AN ORDINANCE MAKING APPROPRIATIONS OF SUMS OF MONEY FOR ALL NECESSARY EXPENDITURES OF THE CITY OF MARTINSVILLE, VIRGINIA, FOR ITS FISCAL YEAR ENDING JUNE 30, 1972.