HomeMy Public PortalAbout1955_06_22SPEC 190
L. . B. Mason $ .25.00
Frank Marr - ✓10.00
L. ' S. Hutchison Esso Stations _ _ .14.38
The Blue Ridge Herald _ _ _ ;,14.00
J. ' S. Whitmore _ •;, v 4.65
Leesburg Hardware' L. 4.20
Bishop' s Service Station _ . 1.00
T. J. Hatcher _ , 1.50
Ramona R. Rodrick _ -55.55 •
Miller Meters, Inc . _ . 6.85
S. • Reed Galleher, Treas. Loudoun County _ _ '46. 72
Sydnor Pump & Well Co. . 9.60
. The H. B. Davis Company _ _ 33.35
The Union Metal Mfg. Co. _ .17.40
General Electric Company _ _ _ _ ✓35.86
Diamond Alkali Company -_ _ , 16.50
W. S. Darley & Co'. ✓ 5.31
Old Dominion Appliance Co-. _ _ _ _ y 3.00
Leesburg Service Station _ _ - _ _ .- __ _ _ _ 41. 70
?errow & Brockenbrough _ _ _ _ . _ 1140.00
Perrow & Brockenbrough _ _ _- ._ _ .- / 150.00
1919.85
Mr. Riddle aeked the Council . if it cared to express its desire in
selling the piece of property that Mr. Oden Semones was interested in.
The Council agreed to table this matter until its next regular meeting.
Mr. Raflo said that since there had been some talk throughout the
Town of the cost to the Town for printing certain posters and handbills
regarding the bond issue , that he would like to have it entered upon
the minutes of this meeting that the said costs for these handbills
. were in no way a responsibility of the Town of Leesburg and were being
paid for by the Citizens Committee for Water.
Mayor Lowenbach requested the Street Committee to investigate the
flooding -condition in front of the Tally-Ho Theater and submit such
recommendations as they deem advisable to the Council for the correc- .
tion of the same.
. There being no further business, upon motion duly made, seconded
and carried, Council adjourned.
. ...i/sTe.a../ iiii• ...ghee% sdiad / / 0
41/47 Mayor Reco^- a -.
. 41. ' 1
.A.
SPECIAL - June 20, 1955
At a special meeting of the Mayor and Council of the Town of
Leesburg, in Virginia, called by the Mayor and held in the Council
• Chambers Monday, Jane 20, 1955, at 7:30 P. M. , • there were present :
Maurice R. Lowenbach, Jr. , Mayor; Horace M. Hallett, Recorder; Emerson
H. James, Howard B. Gill, Reginald K. Gheen, George J. Durvey, Frank
Raflo and Morton Riddle, III, Councilmen.
•
Upon motion of Frank Raflo, seconded by Emerson H. James, and II
unanimously carried, the following resolution was adopted:
II
WHEREAS, Wilbur C. Hall and George F. Weaver, Esquires, Leesburg,
Virginia, Agents for John E. Caviness, Ruth A. Caviness, Robert F.
. Caviness and.Audrey F. Caviness; and Elijah B. White, Esquire, Lees-
• burg, Virginia, Agent for John H. Ours, the same being the sellers and
. purchasers respectively, under a contract dated May 3, 1955, pursuant
to which the title to said land not having as yet been transferred,
have requested the Council of the Town of Leesburg, in Virginia, to
rezone a portion of the aforesaid parcel of land covered by said
19'1
•
contract, be rezoned from "Residential I" to "Business," said land
being all of that portion of the farm known as the "L. G. Caviness
Farm, " contained within the Corporate limits of the Town of Leesburg
and fronting on the East side of State Highway Route No. 15, the same
being South King Street, and containing approximately two and one-
half acres of land; and,
WHEREAS, pursuant to the laws of the State of Virginia, it is
provided that the Town Council is authorized to submit proposed amend-
ments or .supplements to any zoning regulations, to the Board of Zoning
Appeals for its report and recommendations;
NOW, THEREFORE, BE IT ORDAINED by the Council of the Town of
Leesburg, in Virginia:
• (1) That the Council hereby refers to the Board of Zoning Appeals,
for its report and recommendation, the said request of John E. Caviness,
Ruth A. Caviness, Robert F. Caviness, Audrey F. Caviness and John H.
Ours to chanbe the present designation of that portion of the "L. G.
Caviness Farm, " contained within the Corporate limits of the Town of
Leesburg and fronting on State Highway Route No. 15,. -the same being
South King Street in the said Town, containing approximately two and
one-half acres of land, from that of "Residential I" to "Business, "
after a public hearing in relation thereto, to be held by the Board
of Zoning Appeals in pursuance of law.
(2) That the Recorder of this Town shall forthwith deliver a
certified copy of this Ordinance to the Board of Zoning Appeals.
(3) That the Auditor-Treasurer be and he is hereby authorized
and directed to publish a notice of a public hearing, to consider the
rezoning specified herein, on the 28th day of June, 1955, at 7 :30 P.M.
at the Council Chambers of the Council of the Town of Leesburg, in
Virginia.
(4) And the Board of Zoning Appeals is hereby requested to
report the results of their consideration of said rezoning to the
Auditor-Treasurer on or before Wednesday, June 29, 1955, and the
Auditor-Treasurer is hereby authorized, directed and requested to
- publish notice of a public hearing onsaid request of Petitioners,
and the report of the Board of Zoning Appeals, in THE BLUE RIDGE
HERALD, a newspaper published in Loudoun County and generally cir-
culated in the Town of Leesburg, Virginia, said hearing to be held
at the Council Chambers of the Town Council of the Town of Leesburg,
in .Virginia, on July 11, 1955 at 7: 30 o'clock P.M. •
fi ' Following that, said resolution was adopted after discussion of
a petition, a copy of which is set forth below, and the notice of
intention to change zoning regulations referred to in said resolution
is set forth immediately thereafter.
PETITION
TO: THE MAYOR AND TOWN COUNCIL, TOWN OF LEESBURG, VIRGINIA:
•
Application is hereby made for the rezoning of a tract of land
in the Town of Leesburg from "Residential One" to "Business ," The land
in question is described as all that portion of the L. G. Caviness
Farm contained within the Corporate limits of the Town of Leesburg,
and fronting on U. S. Route 15, containing approximately two and one-
half (22) acres of land.
By contract bearing date on the 3rd day of May, 1955, John E.
Caviness and Ruth A. Caviness , his wife, and Robert F. Caviness and
. Audrey F. Caviness , his wife, the owners of the said' property, agreed
to sell the same to John H. Ours, but as the title to the land has not
yet been transferred, both the sellers and the buyer are joining in
the Petition for rezoning.
192
The plans of the buyer for the utilization of the land have not
yet been Lompleted, but it is contemplated that an automobile sales
and service agency will be located on this land.
Respectfully submitted,
/s/ John Caviness
• Agent for John E. Caviness
Ruth A. Caviness
Robert F. Caviness
Audrey F. Caviness
/s/ John H. Ours
John H. Ours
/sl . Wilbur C. Hall
. Wilbur C. Hall
. Leesburg, Virginia
/s/ George F. Weaver
Leesburg, Virginia,
Attorneys for Sellers -
/s/ Elijah B. White
Elijah B, White
Leesburg, Virginia,
Attorney for Buyer
•
NOTICE OF INTENTION TO CHANGE ZONING REGULATIONS
Under the provisions of Chapter 24 of the 1950 Code of Virginia,
and all acts amendatory thereof, notice is hereby given that a public
hearing will be held by the Board of Zoning Appeals of the Town of
Leesburg, in Virginia, in the Council Chambers of said Town at 7:30
P.M. on the 28th day of June, 1955, at which time all parties in in-
terest, including property owners and citizens of the Town, shall have •
an opportunity to be heard regarding proposals to change oramend the
Zoning Ordinances of said Town; as they relate to the tract of land .
situate , lying and being on the East side of South King Street in the
Town of Leesburg•, Loudoun County, Virginia, commencing at the South
property line of the John E. Caviness property, and running in a
Southerly direction with said street to the boundary line of the
Corporation of Leesburg, and thence with the said boundary line and
through the L. G. Caviness farm to Corporation Monument #1; thence in
a Northerly direction to a point in the line of Monroe Manor Sub-
division; thence in a Westerly direction to the Northeast corner of
the John E. Caviness property; thence in a Southerly direction to the
Southeast corner of the John E. Caviness property; thence in a Westerly -
direction to the point of beginning, containing approximately 24 acres
of land, and being all that portion of the L. G. Caviness farm located
within the Corporate limits of the Torr. of Leesburg.
•
Under the said proposal, the land hereinbefore described is to be
zoned so that whereas it is now zoned "Residential #1, " it will be
zoned "Business."
•
• BOARD OF ZONING APPEALS
• FOR THE TOWN OF LEESBURG, IN VIRGINIA
•
By Richard W. Burbank, Chairman
•
�:fLS
•
1'9 3
•
Upon motion of Morton Riddle, III , seconded by Howard B. Gill,
and unanimously carried, the following resolution was adopted:
WHEREAS, on May 21, 1954, at a special meeting of the Town
Council held in Council Chambers in Leesburg, Virginia, at 5:00 P.M. ,
a resolution was duly adopted authorizing and requesting The Peoples -
'National Bank of Leesburg, Virginia and The Loudoun National Bank of •
Leesburg, Virginia, depositories of the. Town of Leesburg, in Virginia,
to pay all checks drawn by the Auditor-Treasurer and countersigned by
the Recorder, until "otherwise notified and directed in writing" ; and,
' WHEREAS, on April 12, 1954, the Council of the Town of Leesburg,
in Virginia, at a regular and duly called meeting held in Council
Chambers, adopted the following ordinance :
"BE IT RESOLVED, by the Council of the_Town of
Leesburg, in Virginia, that Officers Venable,
• Athey and Turner, be retained by the Town on a
permanent basis beginning on the first day of
May, 1954, to continue to the 31st day of
August, 1955, at a salary of $250.00 per month
for officer Venable, and $225.00 per month for
Athey and Turner; " and,
WHEREAS, at a meeting of the Council of the Town of. Leesburg,
in Virginia, regularly and duly called and held on April 12, 1954,
the following ordinance was adopted:
"BE IT RESOLVED, by the Council of the Town
of Leesburg, in Virginia, that if charges of
failure of a policeman to properly perform
their duty or charges of conduct detrimental
• to the best interest of the Town be raised
against any one of the police officers the
said charge will be told at a meeting of the
whole Council, and the officer in question
be granted an opportunity to speak and defend
himself;" and,
•
WHEREAS, at a regular and duly called special meeting of the
Council of the Town of Leesburg, in Virginia, held on April 16, 1954,
the Mayor of the Town of Leesburg did in writing notify the Town
Council of his veto of the aforesaid ordinances; and,
WHEREAS, on June 13, 1955, the Supreme Court of Appeals of the
Commonwealth of Virginia, in the proceeding known as Howard B. Gill
et al v. William W. Nickels, Mayor, did uphold the right-of the Mayor
of the Town of Leesburg to veto ordinances passed by the Town Council;
and,
WHEREAS, it is now necessary that the Mayor and Council of the
Town of Leesburg, in. Virginia, approve, ratify and affirm payments
heretofore made by the Auditor-Treasurer to Officers Venable, Athey
and Turner commencing on May 1, 1954, to date, and to determine the
manner of withdrawal of funds from the depositories of the Town of
Leesburg, in Virginia;
NOW, THEREFORE, BE IT -ORDAINED by the Mayor and Council of the
Town of Leesburg, in Virginia, as follows :
(1) That each of the depository banks of said Town, namely The
II Peoples National Bank of Leesburg, Virginia and The Loudoun National
Bank of Leesburg, Virginia, be and it is hereby authorized and re-
quested to pay all checks which are drawn by the Auditor-Treasurer
and countersigned by the Recorder, pursuant to all ordinances and
resolutions heretofore or hereinafter passed.
(2) That the payments heretofore made by the Auditor-Treasurer
to officers Athey and Turner, beginning May 1, 1954, in the respective
amounts of Two Hundred Twenty-five Dollars ($225.00) per month each,
are hereby ratified and affirmed; and,
(3) That the 'payments heretofore made by the Auditor-Treasurer to
Officer Venable, commencing May 1, 1954, at a salary of Two- Hundred Fifty
Dollars ($250.00) per month during the period of his employment, are
hereby ratified and affirmed; and, -
194
(4) That the Auditor-Treasurer be and he is hereby autho-
rized and directed to pay Officers Athey and Turner the sum of
Two Hundred Twenty-five Dollars ($225.00) each per month, as a
salary for their services for and until such time as they are re-
• •tained by the Town of Leesburg, in Virginia, or until August 31,
1955, whichever is earlier.
Dated: June 20, 1955.
Recorder Mayor ,
Upon motion of Emerson H. James, seconded by Morton Riddle III,
and unanimously carried, the following resolution was adopted:
WHEREAS, the Council of the Town of Leesburg, in Virginia, hereto-
fore authorized the Town Attorney to institute the necessary proceed-
ings in the Circuit Court of Loudouh County, Virginia, for.: the purpose
of calling a Special Election for the purpose of submitting to the
qualified voters of the Town of Leesburg, Leesburg, Virginia, a pro-
posal
to construct a water. reservoir and to modernize and improve the
water distribution and sewerage systems and the sanitary disposal
plant, not to cost more than One Hundred Sixty Thousand Dollars
($160,000.00) ; and,
?•IHEREAS, the said proceedings were instituted in the said Court
and said election was authorized and held on the 14th day of June,
1955; and,
WHEREAS, the Judges of the said election have reported to the
Town Council of the said Town that Two Hundred Eightyfour (284) votes
were cast in favor of the said proposal to construct a water reservoir
and to modernize and improve the water distribution and sewerage
systems and the sanitary disposal plant of the said Town, and that
One Hundred Twenty-four (124) votes were cast against said proposal--
NOW, THEREFORE, BE IT UNANIMOUSLY RESOLVED, by the Mayor and the
Town Council of the said Town of Leesburg, Leesburg, Virginia, that
the said report of the Judges of . the said election showing that Two
Hundred Eighty-four (284) votes were cast in favor of, and One Hundred
Twenty-four ( 124) votes were cast against the said proposal to construct
a water reservoir and to modernize and improve the water distribution
and sewerage systems and the sanitary disposal plant of the said Town
at a cost not to exceed One Hundred Sixty Thousand Dollars ($160,000.00)
to the Town, be and the same is hereby acknowledged as the correct and
official record of the votes cast at the said Special Election held in
said Town on the 14th day of June, 1955, which said report is as follows :
FOR BOND ISSUE Two Hundred Eighty-four ( 284)
AGAINST BOND ISSUE - One Hundred Twenty-four (124)
•
ABSTRACT OF VOTES CAST AT THE SPECIAL ELECTION HELD FOR THE ISSUANCE OF
GENERAL OBLIGATION WATER AND SEWER REVENUE BONDS FOR THE TOWN OF LEES- ''
BURG ON JUNE 14, 1955 •
FOR BOND ISSUE Two Hundred Eighty-four ( 284) •
AGAINST BOND ISSUE •-One Hundred Twenty-four (124)
!'Ie, the undersigned Judges of the election held in the Town of
Leesburg, Leesburg, Virginia, on .Tuesday, June 14, 1955, certify that
the foregoing statement of votes is a true and correct abstract from
•
195
the return of said election, and do therefore determine and declare
that there were Two Hundred Eighty-four (284) votes cast for the
issuance of General ObligationMaterand Sewer Revenue Bonds, and
there were One Hundred Twenty-four (124) votes cast against the
. issuance of said bonds for the Town of Leesburg, Leesburg, Virginia.
GIVEN under our hands this 20th day of June , 1955.
/s/ C. P. Conrad
Sc. P. Conrad
/s/ H. S. Dailey
E. S. Dailey
/s/ Elinor M. Cunningham
Elinor M. Cunningham
A Copy Teste :
/s/ J. T. Martz
J. T. Martz, c. c.
•
Upon motion of Frank Raflo, seconded by Emerson H. James, and
unanimously carried, the following resolution was adopted:
WHEREAS, the Judge of the Circuit Court for Loudoun County, Vir-
ginia, has entered an order, a certified copy of which has been pre-
sented to the Council of the Town of Leesburg, Loudoun County, Vir-
ginia, authorizing the Town of Leesburg to issue and sell, or negotiate
the sale of bonds amounting to One Hundred Sixty Thousand Dollars
($160,000.00) to finance the construction of a water storage reservoir
and connecting same with the wells of the Town, and for improvement of
the water distribution system, for the improvement and modernization of
the existing sewer system and disposal plant for the said Town:
NOW, THEREFORE, BE IT RESOLVED, by .the Council
of the Town of Leesburg, in Virginia, that the
Recorder be, and he is hereby authorized, in-
structed and directed to spread the said Order
of the Circuit Court for Loudoun County, Vir-
ginia, upon the Record Book of the Town Council.
Recorder Mayor
VIRGINIA:
•
IN THE CIRCUIT COURT OF LOUDOUN COUNTY
IN RE: Special Election for issuing $160,000.00 General
Obligation Water and Sewer Revenue Bonds of the
Town of Leesburg, Loudoun County, Virginia
a
The Clerk of the Circuit Court of Loudoun County, Virginia, having
on the 20th day of June, 1955, filed a certificate by the Judges of
election, setting forth the results of a Special Election held in the
Town of Leesburg, Leesburg, Virginia, on the 14th day of June, 1955,
on the question:
"Are you in favor of the Town of Leesburg,
Leesburg, Virginia, issuing One Hundred
Sixty Thousand Dollars ($160,000.00)
General Obligation Water and Sewer Revenue
Bonds dated October 1, 1955, to mature
serially over a period of Twenty-six (26)
years, to bear interest at a rate not to
exceed Three Per Centum (3%) per annum,
for the purpose of borrowing money to be
196
used for the construction of a water storage
reservoir at a cost not to exceed Ninety Thou-
sand Dollars ($90,000.00) , in order to obtain
and maintain an adequate supply of water; and
• to provide for additions to, and the rearrange-
ment of the water distribution system at a cost
not to exceed Ten Thousand Dollars (Q10,000.00) ;
and for additions to the present sewer system •
and sewerage treatment plant, including pumps,
tanks and additional connecting and circulating
sewer mains at a cost not to exceed Fifty Thou-
sand
Dollars ($50,000.00) ; and to provide for
necessary funds to acquire the necessary plant
sites, easements and rights-of-way, engineering,
inspection and legal expenses incident to the
construction of this proposed specific under-
taking at a cost not to exceed Ten Thousand
Dollars ($10,000.00) for said Town?"
And it appearing that the said certificate is in accordance with
the laws of the State of Virginia in such cases made and provided,
and that a majority of the votes cast at the said Special Election -
are in favor of the proposed bond issue of One Hundred Sixty Thousand
Dollars ($160,000.00) , the bonds to be payable as set out in an
Ordinance of the Town Council of said Town of Leesburg, Leesburg, •
Virginia, passed on the 2nd day of May, 1955, and to bear interest
at a rate not to exceed Three Per Centum (3%) per annum, payable
semi-annually, Two Hundred Eighty-four (284) votes having been cast
for the said bond issue, and One Hundred Twenty-four ( 124) votes
having been cast against the said bond issue; .
•
IT IS THEREFORE, ORDERED that said Special Election be and the
same hereby is approved; and,
IT IS FURTHER ORDERED that the Clerk of the Circuit Court for
Loudoun County, Virginia, be and he is hereby directed to forthwith
certify a copy of this order to the Council of the Town of Leesburg,
Leesburg, Virginia, whereupon, the said Town of Leesburg, Loudoun
County, Virginia, shall be fully authorized and empowered tp sell or
negotiate the sale of bonds upon the full faith, credit and property
of the said Town, to the amount of One Hundred Sixty Thousand Dollars
(0160,000.00) , as authorized by the said Ordinance of the Town of
Leesburg passed on May 2, 1955, and by. the said Special Election held
in the Town of Leesburg, Loudoun County, Virginia, on the 14th day of
June, 1955, and in accordance with the laws of the State of Virginia
governing such election, and in issuing said bonds the said Council
shall be governed by the provisions of Chapter 19 of Title 15 of the
Code of Virginia, 1950, as amended.
The Clerk of the Circuit Court for Loudoun County, Virginia, is
directed to spread this Order upon the proper Common Law Order Book -
of his office.
GIVEN under my hand this 20th day of June, 1955, in Term Time
at Leesburg, Virginia '
•
Rayner V. Snead .
Judge of the Circuit Court for
Loudoun County, Virginia I/I ASK FOR THIS :
/s/ Howard W. Vesey
Howard W. Vesey
Town Attorney
Town of Leesburg, in Virginia
197 '
Clerk' s Office of the Circuit Court for Loudoun County, Virginia;
June 20, 1955
•
The foregoing Order was this day received in said office and
recorded.
Teste :
/s/ J. T. Martz -
At a meeting of the Mayor and the Town Council of the Town of
Leesburg, Loudoun County, Virginia, in Council Chambers at Leesburg,
Virginia, on June/ O , 1955, there were present: Maurice H. Lowenbach,
jr. , Mayor, Horace M. Hallett, Recorder, George J. Durfey, Reginald K.
Gheen, Howard B. Gill, Emerson H. James, Frank Raflo and Morton Riddle,
III , Councilmen, being all of the six (6) members of the Council, and
constituting a quorum thereof.
The Recorder of said Town read the following proposed ordinances:
•
An Ordinance providing for the Notice of Sale
of $160,000.00 General Obligation Water and •
Sewer Revenue Bonds of the Town of Leesburg,
in Virginia; and,
An Ordinance authorizing the publication for
bids and receiving bids pursuant to Notice of
Sale of $160,000.00 General Obligation Water
•
and Sewer Revenue Bonds of the Town of Lees-
; burg, in Virginia.
�9 'h�ewn Council hYd yin/ ;d Ordinances, on motion
of seconded b .f' , and carried b the follow-
ing reporded vote
•
• FOR
George J. Durfey
Reginald K. Gheen
Howard B. . Gill
Emerson. H. James
• Frank Raflo .
Morton Riddle, III
AGAINST
NONE
A quorum of the Council being present and voting for the passage of
said ordinances, which are hereinafter set forth in full:
ORDINANCE
NOTICE OF SALE
$160,000.00 GENERAL OBLIGATION WATER AND SEWER REVENUE BONDS OF THE
TOWN OF LEESBURG, LOUDOUN COUNTY, VIRGINIA
The Town of Leesburg, in Virginia, a municipal corporation of the
Commonwealth of Virginia, hereby invites sealed proposals for the pur-
chase of One Hundred Sixty Thousand Dollars ( p160,000.00) , principal
amount of. its. bonds hereinafter described. Each proposal must be en- .
-closed in a plain envelope- securely sealed and marked "Proposal for
General Obligation Water and Sewer Revenue Bonds" and addressed to
the undersigned Recorder at Leesburg, Virginia.
198 .
The .proposals must be received on or before 11:00 A.M. (EST)
on the .30th day of kigUtnt, 1955, and proposals so received will be
opened by the Town Council in the Council Chambers in the Town of
Leesburg immediately after such time .
The bonds are designated "General Obligation Water and Sewer
Revenue Bonds, " are dated October 1, 1955, and are payable serially
on October 1 of each year as follows :
Four Thousand Dollars ($4,000.00) in each of the years,
1956 to 1960, inclusive; Five Thousand Dollars, ($5, 000.00)
in each of the years 1961 to 1965, inclusive; Seven Thou-
sand Dollars ($7,000.00) in each of the years 1966 to 1970,
inclusive; and Eight Thousand Dollars ($8,000.00) in each
of the years 1971 to 1980, inclusive.
The bonds are serial coupon bonds and are in the, denomination of
One Thousand Dollars ($1,000.00) each. The interest is payable semi-
. annually on April 1 and October 1. Both principal and interest, will
be payable at The Loudoun National Bank in Leesburg, Virginia.
The bonds payabl-e on or after October 1, 1966, shall be redeem-
able prior to their respective maturities at the option of the Town
of Leesburg, in Virginia, on October 1, 1966, or on any subsequent
interest payment date, at par and accrued interest, upon giving suit-
able notice of the intention to make such redemption. The bonds re- .
deemed at any one time shall be the outstanding .bonds 'bearing the
highest identifying' ntimbers.
Each proposal submitted must name the rate of interest per annum
to be borne by the bonds bid• for and the rate named must be in multiples
of one-tenth (1/10) of one per cent and must be the same for all ' the
bonds bid for.
The bonds are issued under the provisions of Sub-section B of
Section 127 of the Constitution of the Commonwealth of Virginia, and
in addition, are general obligations of the Town of Leesburg, and
the Town is authorized and required by law to levy upon all property
taxable by the Town, ad valorem taxes sufficient to pay the bonds
and the interest thereon, without limitation as to rate or amount,
in the event the rates to be charged for water and sewerage shall fail
to produce sufficient revenue to meet said payments.
The proceeds of the bonds will be used to construct a water
storage reservoir to obtain and maintain an adequate supply of water,
and to provide for additions to, and the rearrangement of the water
distribution system, and for additions to the present sewerage disposal
plant, including pumps, tanks and additional connecting and circulating
sewer mains for the Town of Leesburg.
The Town will contract with the purchasers of the bonds that the'
rates to be charged for services rendered by the system will be fixed
and maintained at a level which will produce revenues sufficient to
pay for the cost of operation and administration of the sewerage
system .(including interest on bonds issued therefor) at an annual
amount to be covered in a sinking fund sufficient to pay, at or before
maturity, all bonds issued to finance such water and sewerage system,
and that the revenues derived from such water and sewerage system
will be segregated and applied to the payment of such cost of opera-
tion and administration, and the payment of such annual amount.
No proposal for less than all of the bonds will be considered.
The price offered foruthe bonds must not be less than One Hundred
Sixty Thousand Dollars ( p160,000.00) . Bidders must, at the time of
making their, bids, deposit a certified or cashier' s or treasurer' s
. check for Three Thousand. Two Hundred Dollars ($3,200.00) , drawn upon
a bank or trust company for such amount, to the- order of the Town of
Leesburg, to secure the Town of Leesburg from any loss resulting from
a failure of the bidders to comply with the terms of his bid. Checks
of unsuccessful bidders will be returned upon the award of the bonds. •
L as
No interest will be paid upon the deposit made by the suc-
cessful bidder. The successful bidder will be furnished
with an opinion of Messrs. Reed, Hoyt, Taylor and Washburn,
52 Wall Street, New York 5, New York, that the. bonds are
valid and binding obligations of the Town.
The right is reserved to reject any and all proposals.
ORDINANCE
BE IT ORDAINED, by the Town Council of the Town of
Leesburg, in Virginia, in Council Chambers at Leesburg, Vir-
inia, at a regular and duly called meeting at which all six
(6) members of the Town Council, constituting a quorum thereof,
are .present, that: .
Publication of the Ordinance providing for Notice of Sale
of One Hundred Sixty Thousand Dollars ( 160,000,00) General.
Obligation Water and Sewer Revenue Bonds of the Town of Lees-
burg, in Virginia, shall be made in. THE BOND BUYER, a financial
journal published in New York City, New York, and in THE BLUE
RIDGE HERALD, a newspaper of general circulation published in
Loudoun County, Virginia; and that such publication shall be
iii the form of the Ordinance providing for said Notice of Sale;
and,
BE IT FURTHER ORDAINED, that publication of said Notice of
Sale shall be made in THE BOND BUYER not later than the 9th day
of August, 1955, and in THE BLUE RIDGE HERALD not later than
the 12th day of August, 1955, and that the Recorder be and hefr�
hereby is authorized to arrange and provide for such publics-
' tion, and that sealed proposals for the purchase of said bondst°
shall be received and considered pursuant to and in accordance
with the terms of such Notice of Sale.
By order of the Town Council dated June 21 , 1955.
Recorder
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PROPOSAL
June , 1955
Horace M. Hallett
Recorder of the Town of Leesburg
Leesburg, Loudoun County, Virginia
Dear Sir:
For the One Hundred Sixty Thousand Dollars ( 160,000.00)
General Obligation Water and Sewer Bonds, Town of Leesburg,
' Virginia, series of 1955, described in the attached "Notice
of Sale," i?hich Notice of Sale is hereby made a part of this
bid, the_undersigned will pay
Dollars, with accrued interest thereon from October 1, 1955,
if any there be, to date of delivery of said bond's and coupons,
at the rate of Per Cent interest.
Certified check payable to the order of George E. Ward,
-Auditor-Treasurer of the Town of Leesburg, Leesburg, Virginia,
in the amount of Thirty-two Hundred Dollars ($3200.00) , or two
t
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200
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per cent of the par value of said bond issue, is herewith
enclosed, which check is to be returned to the undersigned
• if this bid is not accepted, otherwise to be retained and
deposited to the credit of said Town, and when the bonds
are delivered -and paid for in accordance with the terms of
this bid, said amount of Thirty-two Hundred Dollars ($3200.00)
• shall be considered as part- payment for said bond issue, or. .
shall be retained as and for "liquidated damages.
By .
Address
All proposals should be mailed or delivered to Horace M.
Hallett, Recorder of the Town of Leesburg, Leesburg, Virginia.
There being no further business. upon motion duly made,
seconded and carried, Council adjourned.
Acting Mayor Recorder Pro Tem
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