Minutes 01/14/1958 - Laserfiche WebLink

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260 TUESDAY JANUARY 14. 1958 The regular semi-monthly meeting or the Council of the City or Martinsville, Virginia, with Mayor John W. Shultz presiding, was held in the Council Chamber, City Hall, on Tuesday, January 14, 1958, at 7:,30 P.M., the following members being pre sent I Mayor and Councilman John W. Shultz; Vice-Mayor and Councilman E. E. Stone; and Counoibum O. C. Donavant. Oouncihlan B. H. Hill was absent because of illness and Councilman J. R. Walker was out of tow. After the invocation, Council approved as read the minutes of its regular meeting held January 2, 1958. Oity Manager Hirst presented a proposed and supplementary contract with the Martinsville-Henry County Airport Development Corporation pertaining to the airport group's request presented to Council on September 24, 1957. This contract provided for the leasing of 1.92 acres of the City's airport property for a period of five years, with an annual rental of .50.00, all in addition to the terms and conditions of the lease agreement already in effect between the City and the airport group. The airport group proposed to construct additional hangar facilities, estimated to cost $4,800.00, at no expense to the City and in accordance with City building code requirements. The facilities would be maintained at no expense to the City and would become the property of the City at the end of the five-year period; however, should the City terminate the agreement before the end of the rive-year period, the City would reimburse the aiport group for the unamortized cost of the facility. Council unanimously approved the contract and authorized City Manager Hirst to execute same on behalf of the City. Upon City Manager Hirst's recommendation, Council approved a proposed easement agreement between the City and Mr. George L. Nease permitting ingress and egress