Minutes 05/04/1962 - Laserfiche WebLink

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FRIDAY MAY lw 196~ - A special and duly-called meeting of the Council of the City of Martinsville, Virginia, with Mayor J. Frank Wilson presiding, was held in the COlll1cil Chamber, Friday, May 4, 1962, at 7:.30 P.M., and with all members of Council being present, as follows: Mayor J. Frank Wilson; Vice-Mayor Fred T. Renick; Thomas J. Burch; E. E. Stone; and Harry L. Boaz. - The purpose of this meeting, as stated by Mayor Wilson following the invocation, and as specified by Council in its meeting held :f.Ry 1, 1962, was to continue consideration of an annexation ordinance prepared at Council's direction on basis of reconunendations of the City Planning Commission submitted April 27, 1962, which ordinance was received by Council on May 1, 1962. In accordance with a subsequent directive from Council, City Attorney Cubine prepared and presented an annexation ordinance which is hereinafter incorporated into these minutes as adopted by Council. Prior to adoption, however, City Manager Hirst presented tentative cost and income estimates, indicating that the latest revision of the proposed boundary lines would cost the City-exclusive of debt asstUnption and other obligations which might be imposed by COtrt order and exclusive of the cost of utility lines to the City's airport tract, for which the Council has committed the City to construct-some $205,000 per year for each of five years as compared with a revenue of some $75,000 per year. The proposed revised boundary lines would also add approxiJnately .3 .25 square miles to the City's area and sane .315 persons to its population. City Manager Hirst pointed out, further, that he is now of the opinion that the proposed areas should be served by the City's electric utility system and that Council might further proceed with its intention of gradually redUCing and finally abolishing the City's gross receipts license tax on local manuf'acturing industries. ,..-