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<br />L22 <br /> <br />lWNDAY <br /> <br />MA.RCH L~, 1957 <br /> <br />A special meeting of Liartinsville City Council, with Vice-Mayor John W. Shultz <br />presiding in the absence of !t.<..yor F. V. Woodson, (who yraB ill), was held in the <br />Council Chamber, City EaE, en Idonday, :f,.iarch h, 1957, at 7:30 P.r.:., for the nur'- <br />pose of considering a sc'lc!)l building program, as recoJ:1mended to L;onncil on <br />Fe'Jruary 26, 1957 by the City School :=30ard, and other matters related thereto, <br />such as the financing of the proposed program. Prese'1t vrere Vice-Mayor John W. <br />Shultz; and CounciJmenD. a. Hill,:c. E. Stone, and J. R. ','[alker. <br /> <br />.- <br /> <br />Presented as 8 preli.':lin.'lry basis for discussion were sever;::l schedules and <br /> <br />eX!-lib:i.ts estimating debt service on a proposel! bond issue to finance the buildine <br /> <br /> <br />program as well as estir:lates of ta"'{ revenues required. Upon motion, Council <br /> <br />unan:iJnously 2.1lthorized tr18 setting into motion ccrtrtin procedures by vrllich the <br /> <br />proposed school build :ing program can be put before the electorpte. Me amvhile , <br /> <br />the Cou'1cil sugGested that City officials, alan::: ..ri th relTC'cscntativcs of the <br /> <br />City Sc}:ocl Board, confer w:] th the Virginia Commission 0:1 :Jocc:l Debt as soon as <br /> <br />possible to discuse matters pertincJ;,t, to a bond issue. <br /> <br />CC'lncil was adjourned. <br /> <br />\ <br /> <br /> <br />of C ounei 1 <br />